PlainPharmaWatch

CMS Open Payments · Program Year 2024

Richard Wolf Medical Instruments Corp.

Richard Wolf Medical Instruments Corp. reported $85,744.49 in payments to 28 physicians and teaching hospitals across 28 transactions.

See the rankings → How this is sourced
$85.7K
Total payments
28
Transactions
28
Recipients
+$28.2K
General Payments vs PY2023

Richard Wolf Medical Instruments Corp. reported $85,744.49 in payments to 28 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #1222 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $3.1K per recipient across 8 payment categories. Figures are company-reported under the Physician Payments Sunshine Act; a reported payment is a financial relationship, not evidence of wrongdoing.

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 editorial team.

The verdict

Richard Wolf Medical Instruments Corp. pairs below-median payment volume with a moderately concentrated payment pattern.

#1222
of 1,925 companies
0.0%
of all US industry payments
0.5%
paid to its single top recipient
8
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

Richard Wolf Medical Instruments Corp.'s CMS-reported General Payments increased by $28.2K (+49.0%) from PY2023 to PY2024. The comparison uses the same CMS manufacturer-by-payment-category summary for both years and excludes research and ownership or investment records.

CMS source labels for this exact identifier: PY2022: RICHARD WOLF MEDICAL INSTRUMENTS CORP.PY2023: RICHARD WOLF MEDICAL INSTRUMENTS CORP.PY2024: Richard Wolf Medical Instruments 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$57.5KPY2024$85.7K
PY2023
$57,531.26
PY2024
$85,744.49

How Richard Wolf Medical Instruments Corp. ranks nationally

Where this company's total reported payments fall within the full national distribution of all 1,925 companies in CMS Open Payments, not just its nearest peers.

Richard Wolf Medical Instruments Corp.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$85,744 37th percentile higher than 37% of 1,925 reporting companies

$9–$28: 3 reporting companies (0%). Below this entry. $28–$87: 10 reporting companies (1%). Below this entry. $87–$270: 20 reporting companies (1%). Below this entry. $270–$838: 41 reporting companies (2%). Below this entry. $838–$2,603: 76 reporting companies (4%). Below this entry. $2,603–$8,084: 114 reporting companies (6%). Below this entry. $8,084–$25,112: 167 reporting companies (9%). Below this entry. $25,112–$78,003: 249 reporting companies (13%). Below this entry. $78,003–$242,294: 295 reporting companies (15%). This entry sits in this band. $242,294–$752,621: 270 reporting companies (14%). Above this entry. $752,621–$2,337,813: 263 reporting companies (14%). Above this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Above this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). Above this entry. $22,556,757–$70,066,439: 45 reporting companies (2%). Above this entry. $70,066,439–$217,642,369: 26 reporting companies (1%). Above this entry. $217,642,369–$676,046,922: 13 reporting companies (1%). Above this entry. This company $9 $676,046,922 every reporting company, bucketed by value

Each bar is a progressively wider band; taller bars hold more reporting companies. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source CMS Open Payments · 2024

What the Data Shows for Richard Wolf Medical Instruments Corp.

Rank #1222 of 1,925 companies in CMS Open Payments for 2024 belongs to Richard Wolf Medical Instruments Corp., which reported $85,744.49 across 28 transactions to 28 recipients - a comparatively small 0.0% slice of all industry payments reported nationwide for the year. Averages work out to $3.1K per transaction and $3.1K per recipient.

The 8-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 "Grant" at $49.4K, accounting for 57.7% of the company's reported total and 4 transactions.

General Payment Breakdown by Type

Richard Wolf Medical Instruments Corp. made 8 types of general payments. "Grant" is the largest category at $49.4K, 57.7% of the company's reported total.

How Richard Wolf Medical Instruments Corp. divides its payments

Ranked by total dollars reported per category

1. Grant$49.4K2. Consulting Fee$16.1K3. Compensation for Services…$5.5K4. Honoraria$5.4K5. Compensation for Faculty …$4.6K6. Travel and Lodging$2.4K7. Space Rental or Facility …$2.0K8. Food and Beverage$338.71
Payment Type Amount Transactions
Grant $49.4K 4
Consulting Fee $16.1K 9
Compensation for Services Other Than Consulting $5.5K 3
Honoraria $5.4K 3
Compensation for Faculty or Speaker (Medical Education) $4.6K 3
Travel and Lodging $2.4K 3
Space Rental or Facility Fees $2.0K 1
Food and Beverage $338.71 2

Recipient Concentration in General Payments

The five largest recipient relationships account for $63,614.58 (74.2%) of $85,744.49 in this company's General Payments records across 17 recipients. This is a CMS Open Payments Program Year 2024 General Payments view only: it excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for Richard Wolf Medical Instruments Corp.

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

Univ Of Mi Hospitals & Hlth …$43.9KMatthew Sand$8.4KNationwide Childrens Hospital$4.0KGriffith R Batstone$3.9KJohn Michael DiBianco$3.3K
  1. 1

    Univ Of Mi Hospitals & Hlth Ctrs

    $43,936.00 across 2 reported transactions

  2. 2

    Matthew Sand

    $8,391.42 across 4 reported transactions

  3. 3

    Nationwide Childrens Hospital

    $4,000.00 across 1 reported transactions

  4. 4

    Griffith R Batstone

    $3,937.50 across 2 reported transactions

  5. 5

    John Michael DiBianco

    $3,349.66 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.

Payment Size Analysis

Average transaction size: $3.1K. Average per recipient: $3.1K.

Total Amount

$85,744.49

Avg per Transaction

$3.1K

Avg per Recipient

$3.1K

Payment Transparency Context

What is the Sunshine Act?

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.9B

across 1,925 companies

Richard Wolf Medical Instruments Corp. Share

0.0%

#1222 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Richard Wolf Medical Instruments Corp.

Gemini Mountain Medical, LLC

$85.4K 577 recipients

Otter Pharmaceuticals, LLC

$86.2K 229 recipients

Samsung Bioepis Co., Ltd.

$85.2K 55 recipients

EnsoData, Inc.

$85.1K 14 recipients

Dutch Ophthalmic, USA

$85.0K 371 recipients

Medinc of Texas

$86.5K 1,048 recipients

Frequently Asked Questions

How much did Richard Wolf Medical Instruments Corp. pay to physicians and hospitals in 2024? ▾
In Program Year 2024, CMS Open Payments recorded $85,744.49 from Richard Wolf Medical Instruments Corp. to physicians and hospitals across 28 transactions - 0.0% of all industry payments reported that year.
How many physicians received payments from Richard Wolf Medical Instruments Corp.? ▾
28 physicians and teaching hospitals received payments from Richard Wolf Medical Instruments Corp. in 2024, averaging $3.1K per recipient.
What types of payments did Richard Wolf Medical Instruments Corp. make? ▾
General payments from Richard Wolf Medical Instruments Corp. span 8 distinct categories, covering things like consulting, meals, and travel. The largest general-payment category was "Grant" at $49.4K, representing 57.7% of the company's reported total.
How does Richard Wolf Medical Instruments Corp. rank among pharmaceutical companies? ▾
Out of 1,925 companies in the CMS Open Payments database for 2024, Richard Wolf Medical Instruments Corp. ranks #1222 by total payment amount.
What is the average payment size from Richard Wolf Medical Instruments Corp.? ▾
The average transaction from Richard Wolf Medical Instruments Corp. was $3.1K in 2024. The company made 28 total transactions to 28 recipients.
Where does the payment data for Richard Wolf Medical Instruments Corp. come from? ▾
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

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 Editorial
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 2026-07-25.