PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

STRYKER CORPORATION

STRYKER CORPORATION reported $137.2M in payments to physicians and teaching hospitals across 163,317 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for STRYKER CORPORATION. Ranked #18 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$137.2M

1.0% of all payments

Transactions

163,317

$839.86 avg

Recipients

162,439

$844.40 avg

Industry Rank

#18

of 1,797 companies

What the Data Shows for STRYKER CORPORATION

In Program Year 2024, STRYKER CORPORATION reported $137,163,488.99 in payments to 162,439 physicians and teaching hospitals across 163,317 individual transactions — an average of $839.86 per transaction and $844.40 per recipient. That total places STRYKER CORPORATION at rank #18 out of 1,797 companies in the CMS Open Payments database, representing 1.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.

The payment mix for STRYKER CORPORATION spans 11 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Royalty or License" at $76.8M, accounting for 56.0% of the company's reported total and 1,095 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.

Recipient concentration is another useful lens. The top 5 recipients of payments from STRYKER CORPORATION received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 162,439 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.

Payment Breakdown by Type

STRYKER CORPORATION made 11 types of payments. "Royalty or License" accounts for 56.0%.

Royalty or License $76.8M

56.0% · 1,095 transactions

Consulting Fee $26.2M

19.1% · 6,774 transactions

Travel and Lodging $7.7M

5.6% · 24,016 transactions

Food and Beverage $7.4M

5.4% · 127,707 transactions

Acquisitions $6.9M

5.0% · 17 transactions

Long-Term Medical Supply or Device Loan $3.0M

2.2% · 1,005 transactions

Debt Forgiveness $2.0M

1.4% · 719 transactions

Space Rental or Facility Fees $1.7M

1.3% · 381 transactions

Payment Type Amount Transactions
Royalty or License $76.8M 1,095
Consulting Fee $26.2M 6,774
Travel and Lodging $7.7M 24,016
Food and Beverage $7.4M 127,707
Acquisitions $6.9M 17
Long-Term Medical Supply or Device Loan $3.0M 1,005
Debt Forgiveness $2.0M 719
Space Rental or Facility Fees $1.7M 381
Grant $206.5K 30
Education $179.2K 694
Compensation for Services Other Than Consulting $140.00 1

Payment Size Analysis

Average transaction size: $839.86. Average per recipient: $844.40.

Total Amount

$137,163,488.99

Avg per Transaction

$839.86

Avg per Recipient

$844.40

Payment Transparency Context

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)

$13.3B

across 1,797 companies

STRYKER CORPORATION Share

1.0%

#18 by total payments

Frequently Asked Questions

How much did STRYKER CORPORATION pay to physicians and hospitals in 2024?
STRYKER CORPORATION made $137,163,488.99 in payments to physicians and hospitals in Program Year 2024, across 163,317 individual transactions. This represents 1.0% of all industry payments reported to CMS Open Payments.
How many physicians received payments from STRYKER CORPORATION?
STRYKER CORPORATION made payments to 162,439 physicians and teaching hospitals in 2024. The average payment per recipient was $844.40.
What types of payments did STRYKER CORPORATION make?
STRYKER CORPORATION made 11 different types of payments. The largest category was "Royalty or License" at $76.8M, representing 56.0% of all payments.
How does STRYKER CORPORATION rank among pharmaceutical companies?
STRYKER CORPORATION ranks #18 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from STRYKER CORPORATION?
The average transaction from STRYKER CORPORATION was $839.86 in 2024. The company made 163,317 total transactions to 162,439 recipients.
Are the top recipients concentrated for STRYKER CORPORATION?
The top 5 recipients received $0.00 from STRYKER CORPORATION, representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for STRYKER CORPORATION 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: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. 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.