PlainPharmaWatch

CMS Open Payments · Program Year 2024

SOMAVAC Medical Solutions, Inc.

SOMAVAC Medical Solutions, Inc. reported $354,134.60 in payments to 17 physicians and teaching hospitals across 27 transactions.

See the rankings → How this is sourced
$354.1K
Total payments
27
Transactions
17
Recipients
−$3.6K
General Payments vs PY2023

SOMAVAC Medical Solutions, Inc. reported $354,134.60 in payments to 17 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #855 of 1,925 reporting manufacturers (0.0% of all US industry payments), averaging $20.8K per recipient across 1 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

SOMAVAC Medical Solutions, Inc. pairs above-median payment volume with a broadly spread payment pattern across many recipients.

#855
of 1,925 companies
0.0%
of all US industry payments
0.2%
paid to its single top recipient
1
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

SOMAVAC Medical Solutions, Inc.'s CMS-reported General Payments decreased by $3.6K (−56.5%) 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: SOMAVAC MEDICAL SOLUTIONS, INC.PY2023: SOMAVAC MEDICAL SOLUTIONS, INC.PY2024: SOMAVAC Medical Solutions, 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$6.5KPY2024$2.8K
PY2023
$6,452.96
PY2024
$2,807.60

How SOMAVAC Medical Solutions, 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.

SOMAVAC Medical Solutions, Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$354,135 Top 44% higher than 56% 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%). This entry sits in this band. $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 SOMAVAC Medical Solutions, Inc.

Rank #855 of 1,925 companies in CMS Open Payments for 2024 belongs to SOMAVAC Medical Solutions, Inc., which reported $354,134.60 across 27 transactions to 17 recipients - a comparatively small 0.0% slice of all industry payments reported nationwide for the year. Averages work out to $13.1K per transaction and $20.8K per recipient.

Of the 1 general-payment categories charted below, "Food and Beverage" is the largest at $2.8K across 17 transactions, 0.8% of the company's reported total (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

Across 1 types of general payments, SOMAVAC Medical Solutions, Inc.'s largest category was "Food and Beverage" at $2.8K - 0.8% of the company's reported total.

How SOMAVAC Medical Solutions, Inc. divides its payments

How the reported total splits across payment categories

1. Food and Beverage$2.8K
Payment Type Amount Transactions
Food and Beverage $2.8K 17

Recipient Concentration in General Payments

The five largest recipient relationships account for $1,454.62 (51.8%) of $2,807.60 in this company's General Payments records across 13 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 SOMAVAC Medical Solutions, Inc.

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

Marc Walker$426.02Nathaniel Stoikes$333.74Graham Grogan$231.62Colton Fernstrum$231.62Sara Islam$231.62
  1. 1

    Marc Walker

    $426.02 across 2 reported transactions

  2. 2

    Nathaniel Stoikes

    $333.74 across 3 reported transactions

  3. 3

    Graham Grogan

    $231.62 across 1 reported transactions

  4. 4

    Colton Fernstrum

    $231.62 across 1 reported transactions

  5. 5

    Sara Islam

    $231.62 across 1 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: $13.1K. Average per recipient: $20.8K.

Total Amount

$354,134.60

Avg per Transaction

$13.1K

Avg per Recipient

$20.8K

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

SOMAVAC Medical Solutions, Inc. Share

0.0%

#855 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to SOMAVAC Medical Solutions, Inc.

UCB GmbH

$354.0K 1 recipients

Biogennix, LLC

$352.9K 66 recipients

Kuraray America Inc.

$352.3K 611 recipients

elliquence, LLC

$351.3K 125 recipients

Genmab BV

$357.7K 4 recipients

Ossio Inc

$357.9K 248 recipients

Frequently Asked Questions

How much did SOMAVAC Medical Solutions, Inc. pay to physicians and hospitals in 2024? ▾
0.0% of all industry payments reported to CMS Open Payments for 2024 came from SOMAVAC Medical Solutions, Inc., totaling $354,134.60 across 27 transactions to physicians and hospitals.
How many physicians received payments from SOMAVAC Medical Solutions, Inc.? ▾
Averaging $20.8K per recipient, SOMAVAC Medical Solutions, Inc.'s 2024 payments reached 17 physicians and teaching hospitals.
What types of payments did SOMAVAC Medical Solutions, Inc. make? ▾
1 categories of general payment make up SOMAVAC Medical Solutions, Inc.'s reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Food and Beverage" at $2.8K, representing 0.8% of the company's reported total.
How does SOMAVAC Medical Solutions, Inc. rank among pharmaceutical companies? ▾
Out of 1,925 companies in the CMS Open Payments database for 2024, SOMAVAC Medical Solutions, Inc. ranks #855 by total payment amount.
What is the average payment size from SOMAVAC Medical Solutions, Inc.? ▾
In 2024, SOMAVAC Medical Solutions, Inc. averaged $13.1K per transaction across 27 transactions to 17 recipients.
Where does the payment data for SOMAVAC Medical Solutions, 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.

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.