PlainPharmaWatch

CMS Open Payments · Program Year 2024

SpectraWAVE, Inc

SpectraWAVE, Inc reported $8,723,395.86 in payments to 181 physicians and teaching hospitals across 202 transactions.

See the rankings → How this is sourced
$8.7M
Total payments
202
Transactions
181
Recipients
−$6.5K
General Payments vs PY2023

SpectraWAVE, Inc reported $8,723,395.86 in payments to 181 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #192 of 1,925 reporting manufacturers (0.1% of all US industry payments), averaging $48.2K per recipient across 6 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

SpectraWAVE, Inc pairs top-10% payment volume with a moderately concentrated payment pattern.

#192
of 1,925 companies
0.1%
of all US industry payments
0.2%
paid to its single top recipient
6
payment categories

Release-over-release change

General Payments changed from PY2023 to PY2024

SpectraWAVE, Inc's CMS-reported General Payments decreased by $6.5K (−6.2%) 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: PY2023: SPECTRAWAVE, INCPY2024: SpectraWAVE, 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$104.7KPY2024$98.2K
PY2023
$104,708.21
PY2024
$98,199.59

How SpectraWAVE, 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.

SpectraWAVE, Inc's total vs. every reporting company

CMS Open Payments, Program Year 2024

$8,723,396 Top 10% higher than 90% 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 SpectraWAVE, Inc

SpectraWAVE, Inc ranks #192 out of 1,925 companies in the CMS Open Payments database for Program Year 2024, a comparatively small 0.1% slice of all industry payments reported nationwide for the year. The underlying total is $8,723,395.86 across 202 transactions to 181 physicians and teaching hospitals - $43.2K per transaction and $48.2K per recipient on average.

The 6-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 "Consulting Fee" at $26.6K, accounting for 0.3% of the company's reported total and 11 transactions.

General Payment Breakdown by Type

"Consulting Fee" leads SpectraWAVE, Inc's 6-category general-payment breakdown at $26.6K, 0.3% of the reported total.

How SpectraWAVE, Inc divides its payments

General-payment categories, ordered by reported total

1. Consulting Fee$26.6K2. Compensation for Services…$23.6K3. Food and Beverage$17.4K4. Royalty or License$15.0K5. Space Rental or Facility …$11.6K6. Travel and Lodging$4.1K
Payment Type Amount Transactions
Consulting Fee $26.6K 11
Compensation for Services Other Than Consulting $23.6K 5
Food and Beverage $17.4K 153
Royalty or License $15.0K 1
Space Rental or Facility Fees $11.6K 1
Travel and Lodging $4.1K 10

Recipient Concentration in General Payments

The five largest recipient relationships account for $71,504.12 (72.8%) of $98,199.59 in this company's General Payments records across 86 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 SpectraWAVE, Inc

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

Charles Simonton$23.8KUh Cleveland Medical Center$17.1KMassachusetts General Hospit…$15.0KBrigham And Womens Hospital$11.6KRyan Madder$4.0K
  1. 1

    Charles Simonton

    $23,794.54 across 6 reported transactions

  2. 2

    Uh Cleveland Medical Center

    $17,100.00 across 1 reported transactions

  3. 3

    Massachusetts General Hospital

    $15,000.00 across 1 reported transactions

  4. 4

    Brigham And Womens Hospital

    $11,617.68 across 1 reported transactions

  5. 5

    Ryan Madder

    $3,991.90 across 6 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: $43.2K. Average per recipient: $48.2K.

Total Amount

$8,723,395.86

Avg per Transaction

$43.2K

Avg per Recipient

$48.2K

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

SpectraWAVE, Inc Share

0.1%

#192 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to SpectraWAVE, Inc

Blue Sky Bio, LLC

$8.7M 48 recipients

Contego Medical, Inc

$8.7M 361 recipients

Si-Technology, LLC

$8.6M 15 recipients

Ignite Orthopedics, LLC

$8.6M 60 recipients

Si-Bone, Inc.

$8.9M 13,924 recipients

Indivior Inc.

$8.6M 27,311 recipients

Frequently Asked Questions

How much did SpectraWAVE, Inc pay to physicians and hospitals in 2024? ▾
SpectraWAVE, Inc made $8,723,395.86 in payments to physicians and hospitals in Program Year 2024, across 202 individual transactions. This represents 0.1% of all industry payments reported to CMS Open Payments.
How many physicians received payments from SpectraWAVE, Inc? ▾
SpectraWAVE, Inc made payments to 181 physicians and teaching hospitals in 2024. The average payment per recipient was $48.2K.
What types of payments did SpectraWAVE, Inc make? ▾
SpectraWAVE, Inc made 6 different types of general payments (consulting, meals, travel, and similar categories). The largest general-payment category was "Consulting Fee" at $26.6K, representing 0.3% of the company's reported total.
How does SpectraWAVE, Inc rank among pharmaceutical companies? ▾
By total payment amount, SpectraWAVE, Inc sits at #192 of 1,925 companies in the CMS Open Payments database for 2024.
What is the average payment size from SpectraWAVE, Inc? ▾
In 2024, SpectraWAVE, Inc averaged $43.2K per transaction across 202 transactions to 181 recipients.
Where does the payment data for SpectraWAVE, 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.