PlainPharmaWatch

CMS Open Payments · Program Year 2024

The Binding Site Inc.

The Binding Site Inc. reported $4,973.89 across General Payments, Research, and Ownership to 21 physicians and teaching hospitals across 21 transactions.

$5.0K
All-tracks total
21
Transactions
21
Recipients
−$1.7K
General Payments vs PY2023

The Binding Site Inc. reported $4,973.89 across all CMS Open Payments tracks (General + Research + Ownership) to 21 physicians and teaching hospitals in Program Year 2024 - ranking #1713 of 1,925 reporting manufacturers (0.0% of the all-tracks industry total); General Payments alone were $4,973.89, averaging $236.85 per recipient.

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.

CMS Sunshine Act warrant

Manufacturer the-binding-site-inc The Binding Site Inc.

$5.0K · #1713/1,925 · 0.0% industry · PY2024

  • TOT $5.0K
  • RANK #1713
  • SHARE 0.0%
  • TXN 21
  • RCP 21
  • CAT 2
  • GEN $5.0K
  • ΔGEN −$1.7K
  • TOP1 35.2%
  • PY 2024

Nearest volume peer: Fusion Orthopedics, LLC. ($5.0K)

Genetics Institute LLC$5.0KHand Biomechanics Laboratory$5.0KThe Binding Site Inc. (this)$5.0KFusion Orthopedics, LLC.$5.0KVifor Fresenius Medical Care…$5.0K
All-tracks payment totals near The Binding Site Inc. (CMS Open Payments PY2024)

The Binding Site Inc. sits among 1,925 manufacturers disclosing under the Physician Payments Sunshine Act. Volume peers below are nearest by all-tracks total, not corporate affiliates. Open the company rankings →

Release-over-release change

General Payments changed from PY2023 to PY2024

The Binding Site Inc.'s CMS-reported General Payments decreased by $1.7K (−25.3%) from PY2023 to PY2024.

How this year-over-year comparison is scoped

The comparison uses consecutive CMS program years only (current = prior + 1) from the manufacturer General Payments summary and excludes research and ownership or investment records. Non-consecutive year pairs are not shown as year-over-year change. This General Payments figure is not the all-tracks company total in the hero.

CMS source labels for this exact identifier: PY2022: THE BINDING SITE INC.PY2023: THE BINDING SITE INC.PY2024: The Binding Site 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$6.7KPY2024$5.0K
PY2023
$6,654.71
PY2024
$4,973.89

What the Data Shows for The Binding Site Inc.

In Program Year 2024, The Binding Site Inc. reported $4,973.89 in payments to 21 physicians and teaching hospitals across 21 individual transactions, an average of $236.85 per transaction and $236.85 per recipient. That total places The Binding Site Inc. at rank #1713 out of 1,925 companies in the CMS Open Payments database, a comparatively small 0.0% slice of all industry payments reported nationwide for the year.

Of the 2 general-payment categories charted below, "Compensation for Services Other Than Consulting" is the largest at $4.8K across 4 transactions, 95.5% of this company's General Payments (see our methodology for how research and ownership payments are reported separately).

General Payment Breakdown by Type

"Compensation for Services Other Than Consulting" leads The Binding Site Inc.'s 2-category general-payment breakdown at $4.8K, 95.5% of the reported total.

How The Binding Site Inc. divides its payments

How the reported total splits across payment categories

1. Compensation for Services…$4.8K2. Food and Beverage$223.89
Payment Type Amount Transactions
Compensation for Services Other Than Consulting $4.8K 4
Food and Beverage $223.89 17

Recipient Concentration in General Payments

The five largest recipient relationships account for $4,780.67 (96.1%) of $4,973.89 in this company's General Payments records across 21 recipients.

General Payments scope note

Program Year 2024 General Payments view only: excludes research and ownership/investment records, so it is not the all-category company total above.

Largest General-Payment relationships for The Binding Site Inc.

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

Craig Cole$1.8KJoseph Mikhael$1.0KSaad Usmani$1.0KBrittany Watson$1.0KAndrew Branagan$30.67
  1. 1

    Craig Cole

    $1,750.00 across 1 reported transactions

  2. 2

    Joseph Mikhael

    $1,000.00 across 1 reported transactions

  3. 3

    Saad Usmani

    $1,000.00 across 1 reported transactions

  4. 4

    Brittany Watson

    $1,000.00 across 1 reported transactions

  5. 5

    Andrew Branagan

    $30.67 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.

Similarly Concentrated Companies

Companies whose General Payments are spread across recipients about as (un)evenly as The Binding Site Inc.'s, measured by the same HHI concentration index above, not by payment size.

What HHI 2,500 means here

2,500 is the DOJ/FTC merger-guidelines threshold for "highly concentrated" markets; used here only as a familiar concentration reference, not a legal finding about The Binding Site Inc..

Companies with Similar Payment Volumes

Open a profile or compare a similar company's CMS-reported payment pattern with The Binding Site Inc..

Showing 6 of 1,924 companies with CMS-reported payment data.

Data sourced from CMS Open Payments (Physician Payments Sunshine Act). See our methodology for details. Retrieved and formatted by PlainPharmaWatch
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 2026-07-26.