PlainPharmaWatch

CMS Open Payments · Program Year 2024

Profound Medical Corp.

Profound Medical Corp. reported $125,199.73 across General Payments, Research, and Ownership to 133 physicians and teaching hospitals across 133 transactions.

See the rankings → How this is sourced
$125.2K
All-tracks total
133
Transactions
133
Recipients
+$98.3K
General Payments vs PY2023

Profound Medical Corp. reported $125,199.73 across all CMS Open Payments tracks (General + Research + Ownership) to 133 physicians and teaching hospitals in Program Year 2024 - ranking #1122 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $125,199.73, averaging $941.35 per recipient.

Data currency: Figures are rendered from the processed CMS Open Payments release. See our methodology for source dates and refresh cadence. Spot a figure that looks wrong? Report a correction.

Compiled from official public sources by the publisher.

CMS Sunshine Act warrant

Manufacturer profound-medical-corp Profound Medical Corp.

$125.2K · #1122/1,925 · 0.0% industry · PY2024

  • TOT $125.2K
  • RANK #1122
  • SHARE 0.0%
  • TXN 133
  • RCP 133
  • CAT 3
  • GEN $125.2K
  • ΔGEN +$98.3K
  • TOP1 7.0%
  • PY 2024

Volume peers

Nearest volume peer: Clariance, Inc. ($125.5K)

FEMSelect Inc.$126.2KNextStep Arthropedix, LLC$125.7KClariance, Inc.$125.5KProfound Medical Corp. (this)$125.2KBiotest AG$124.5K
All-tracks payment totals near Profound Medical Corp. (CMS Open Payments PY2024)

Profound Medical Corp. sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →

Release-over-release change

General Payments changed from PY2023 to PY2024

Profound Medical Corp.'s CMS-reported General Payments increased by $98.3K (+364.9%) from PY2023 to PY2024.

How this year-over-year comparison is scoped

The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.

CMS source labels for this exact identifier: PY2022: PROFOUND MEDICAL CORP.PY2023: PROFOUND MEDICAL CORP.PY2024: Profound Medical Corp.. Matching identifiers support a bounded record comparison; a label difference would be reported as unresolved rather than treated as a corporate event.

Subscribe to this company's source-bounded update feed It publishes only identifier-matched CMS release comparisons, never inferred company events.

General Payments: PY2023 vs PY2024

Annual CMS-reported totals for this company, not an all-category Open Payments total

PY2023$26.9KPY2024$125.2K
PY2023
$26,929.22
PY2024
$125,199.73

What the Data Shows for Profound Medical Corp.

Rank #1122 of 1,925 companies in CMS Open Payments for 2024 belongs to Profound Medical Corp., which reported $125,199.73 across 133 transactions to 133 recipients - a comparatively small 0.0% slice of all industry payments reported nationwide for the year. Averages work out to $941.35 per transaction and $941.35 per recipient.

The 3-category breakdown below covers general payments only (see our methodology for how research and ownership payments are reported separately). The largest general-payment category is "Travel and Lodging" at $121.8K, accounting for 97.3% of this company's General Payments and 114 transactions.

General Payment Breakdown by Type

Profound Medical Corp. made 3 types of general payments. "Travel and Lodging" is the largest category at $121.8K, 97.3% of General Payments.

How Profound Medical Corp. divides its payments

Top payment categories by total reported dollar volume

1. Travel and Lodging$121.8K2. Consulting Fee$2.4K3. Food and Beverage$1.0K
Payment Type Amount Transactions
Travel and Lodging $121.8K 114
Consulting Fee $2.4K 3
Food and Beverage $1.0K 16

Recipient Concentration in General Payments

The five largest recipient relationships account for $38,138.78 (30.5%) of $125,199.73 in this company's General Payments records across 69 recipients.

General Payments scope note

Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for Profound Medical Corp.

The five named recipients with the highest reported General Payments from this company

Preston Sprenkle$8.8KPejman Ghanouni$8.3KMichael Fabrizio$8.1KNaveen Kella$6.5KEdward Steiner$6.5K
  1. 1

    Preston Sprenkle

    $8,811.86 across 2 reported transactions

  2. 2

    Pejman Ghanouni

    $8,253.92 across 2 reported transactions

  3. 3

    Michael Fabrizio

    $8,111.14 across 2 reported transactions

  4. 4

    Naveen Kella

    $6,507.94 across 2 reported transactions

  5. 5

    Edward Steiner

    $6,453.92 across 2 reported transactions

Compare this company's payment profile with similarly sized manufacturers in the company comparison tool, and consult the methodology for the CMS source scope.

Similarly Concentrated Companies

Companies whose General Payments are spread across recipients about as (un)evenly as Profound Medical Corp.'s, measured by the same HHI concentration index above, not by payment size.

What HHI 2,500 means here

2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about Profound Medical Corp..

Argenx US, Inc.

HHI 327

DC Dental, LLC

HHI 327

Intra-Sana Laboratories

HHI 327

KLS-Martin L.P.

HHI 326

Companies with Similar Payment Volumes

Open a profile or compare a similar company's CMS-reported payment pattern with Profound Medical Corp..

Showing 6 of 1,924 companies with CMS-reported payment data.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.9B across 1,925 companies.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch
Disclaimer

This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.

Read our methodology - how this data is sourced, computed, and verified.

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Every figure on PlainPharmaWatch is rendered directly from federal source data, no number is typed in by an editor. This page draws directly on federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-26.