PlainPharmaWatch

CMS Open Payments · Program Year 2024

ShockWave Medical, Inc

ShockWave Medical, Inc reported $13,096,424.88 in payments to 21,799 physicians and teaching hospitals across 22,597 transactions.

$13.1M
Total payments
22,597
Transactions
21,799
Recipients
+$1.6M
General Payments vs PY2023

ShockWave Medical, Inc reported $13,096,424.88 in payments to 21,799 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #141 of 1,925 reporting manufacturers (0.1% of all US industry payments), averaging $600.78 per recipient across 11 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.

The verdict

ShockWave Medical, Inc pairs top-10% payment volume with an unusually diversified payment pattern across a wide recipient base.

#141
of 1,925 companies
0.1%
of all US industry payments
0.1%
paid to its single top recipient
11
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

ShockWave Medical, Inc's CMS-reported General Payments increased by $1.6M (+29.9%) 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: SHOCKWAVE MEDICAL, INCPY2023: SHOCKWAVE MEDICAL, INCPY2024: ShockWave Medical, Inc. 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$5.2MPY2024$6.8M
PY2023
$5,248,678.57
PY2024
$6,818,437.44

How ShockWave Medical, Inc 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.

ShockWave Medical, Inc's total vs. every reporting company

CMS Open Payments, Program Year 2024

$13,096,425 Top 7% higher than 93% 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%). Below this entry. $242,294–$752,621: 270 reporting companies (14%). Below this entry. $752,621–$2,337,813: 263 reporting companies (14%). Below this entry. $2,337,813–$7,261,783: 200 reporting companies (10%). Below this entry. $7,261,783–$22,556,757: 133 reporting companies (7%). This entry sits in this band. $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 ShockWave Medical, Inc

In Program Year 2024, ShockWave Medical, Inc reported $13,096,424.88 in payments to 21,799 physicians and teaching hospitals across 22,597 individual transactions, an average of $579.56 per transaction and $600.78 per recipient. That total places ShockWave Medical, Inc at rank #141 out of 1,925 companies in the CMS Open Payments database, a comparatively small 0.1% slice of all industry payments reported nationwide for the year.

"Compensation for Faculty or Speaker (Medical Education)" leads the 11-category general-payment breakdown below at $3.1M (23.9% of the company's reported total, 932 transactions) - see our methodology for how research and ownership payments are reported separately.

General Payment Breakdown by Type

ShockWave Medical, Inc made 11 types of general payments. "Compensation for Faculty or Speaker (Medical Education)" is the largest category at $3.1M, 23.9% of the company's reported total.

How ShockWave Medical, Inc divides its payments

Top payment categories by total reported dollar volume

1. Compensation for Faculty …$3.1M2. Food and Beverage$1.2M3. Acquisitions$816.0K4. Consulting Fee$808.8K5. Travel and Lodging$323.2K6. Space Rental or Facility …$215.0K7. Grant$190.0K8. Long-Term Medical Supply …$95.7K9. Compensation for Services…$38.0K10. Education$25.4K
Payment Type Amount Transactions
Compensation for Faculty or Speaker (Medical Education) $3.1M 932
Food and Beverage $1.2M 19,566
Acquisitions $816.0K 1
Consulting Fee $808.8K 305
Travel and Lodging $323.2K 732
Space Rental or Facility Fees $215.0K 16
Grant $190.0K 11
Long-Term Medical Supply or Device Loan $95.7K 21
Compensation for Services Other Than Consulting $38.0K 3
Education $25.4K 210
Debt Forgiveness $7.1K 2

Recipient Concentration in General Payments

The five largest recipient relationships account for $1,386,148.33 (20.3%) of $6,818,437.44 in this company's General Payments records across 6,745 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 ShockWave Medical, Inc

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

Daniel G. Clair$828.1KWashington Hospital Center$187.5KVamsi Krishna$153.4KZiad Anwar Ali$108.9KGeorge L. Adams$108.2K
  1. 1

    Daniel G. Clair

    $828,124.75 across 16 reported transactions

  2. 2

    Washington Hospital Center

    $187,500.00 across 8 reported transactions

  3. 3

    Vamsi Krishna

    $153,444.95 across 99 reported transactions

  4. 4

    Ziad Anwar Ali

    $108,901.31 across 69 reported transactions

  5. 5

    George L. Adams

    $108,177.32 across 29 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: $579.56. Average per recipient: $600.78.

Total Amount

$13,096,424.88

Avg per Transaction

$579.56

Avg per Recipient

$600.78

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

ShockWave Medical, Inc Share

0.1%

#141 by total payments

Frequently Asked Questions

How much did ShockWave Medical, Inc pay to physicians and hospitals in 2024?
0.1% of all industry payments reported to CMS Open Payments for 2024 came from ShockWave Medical, Inc, totaling $13,096,424.88 across 22,597 transactions to physicians and hospitals.
How many physicians received payments from ShockWave Medical, Inc?
ShockWave Medical, Inc made payments to 21,799 physicians and teaching hospitals in 2024. The average payment per recipient was $600.78.
What types of payments did ShockWave Medical, Inc make?
11 categories of general payment make up ShockWave Medical, Inc's reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Compensation for Faculty or Speaker (Medical Education)" at $3.1M, representing 23.9% of the company's reported total.
How does ShockWave Medical, Inc rank among pharmaceutical companies?
Out of 1,925 companies in the CMS Open Payments database for 2024, ShockWave Medical, Inc ranks #141 by total payment amount.
What is the average payment size from ShockWave Medical, Inc?
In 2024, ShockWave Medical, Inc averaged $579.56 per transaction across 22,597 transactions to 21,799 recipients.
Where does the payment data for ShockWave Medical, Inc 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.

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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.