Millennium Spine, LLC
$931.3K 0 recipients
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CMS Open Payments · Program Year 2024
Rapid Medical Ltd
Rapid Medical Ltd reported $930,078.28 across General Payments, Research, and Ownership to 670 physicians and teaching hospitals across 762 transactions.
- $930.1K
- All-tracks total
- 762
- Transactions
- 670
- Recipients
- −$12.8K
- General Payments vs PY2023
Rapid Medical Ltd reported $930,078.28 across all CMS Open Payments tracks (General + Research + Ownership) to 670 physicians and teaching hospitals in Program Year 2024 - ranking #637 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $271,822.85, averaging $1.4K 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.
CMS Sunshine Act warrant
Manufacturer rapid-medical-ltd Rapid Medical Ltd
$930.1K · #637/1,925 · 0.0% industry · PY2024
- TOT $930.1K
- RANK #637
- SHARE 0.0%
- TXN 762
- RCP 670
- CAT 4
- GEN $271.8K
- ΔGEN −$12.8K
- TOP1 12.2%
- PY 2024
Volume peers
Nearest volume peer: Millennium Spine, LLC ($931.3K)
Rapid Medical Ltd 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
Rapid Medical Ltd's CMS-reported General Payments decreased by $12.8K (−4.5%) 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: RAPID MEDICAL LTDPY2023: RAPID MEDICAL LTDPY2024: Rapid Medical Ltd. 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
- $284,637.33
- PY2024
- $271,822.85
What the Data Shows for Rapid Medical Ltd
Averaging $1.2K per transaction and $1.4K per recipient, Rapid Medical Ltd's Program Year 2024 total comes to $930,078.28 across 762 transactions and 670 physicians and teaching hospitals. In the CMS Open Payments database that is good for rank #637 of 1,925 companies, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.
Of the 4 general-payment categories charted below, "Consulting Fee" is the largest at $112.7K across 25 transactions, 41.5% of this company's General Payments (see our methodology for how research and ownership payments are reported separately).
General Payment Breakdown by Type
Rapid Medical Ltd made 4 types of general payments. "Consulting Fee" is the largest category at $112.7K, 41.5% of General Payments.
Rapid Medical Ltd reports 4 general-payment categories - the top three are Consulting Fee (41.5%), Travel and Lodging (33.0%), and Food and Beverage (25.2%). The remaining 1 category make up 0.4% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.
How Rapid Medical Ltd divides its payments
Ranked by total dollars reported per category
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Consulting Fee | $112.7K | 25 | 41.5% |
| Travel and Lodging | $89.6K | 133 | 33.0% |
| Food and Beverage | $68.5K | 511 | 25.2% |
| Education | $1.0K | 1 | 0.4% |
Recipient Concentration in General Payments
The five largest recipient relationships account for $125,751.45 (46.3%) of $271,822.85 in this company's General Payments records across 122 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 Rapid Medical Ltd
The five named recipients with the highest reported General Payments from this company
- 1
Justin Singer
$33,155.48 across 18 reported transactions
- 2
Edgar Samaniego
$33,062.02 across 19 reported transactions
- 3
Rishi Gupta
$27,340.68 across 15 reported transactions
- 4
Shahram Majidi
$16,738.61 across 14 reported transactions
- 5
Hamad Farhat
$15,454.66 across 20 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 Rapid Medical Ltd'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 Rapid Medical Ltd.
Companies with Similar Payment Volumes
Open a profile or compare a similar company's CMS-reported payment pattern with Rapid Medical Ltd.
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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.
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.