PlainPharmaWatch

CMS Open Payments · Program Year 2024

Treace Medical Concepts, Inc.

Treace Medical Concepts, Inc. reported $10,523,380.86 across General Payments, Research, and Ownership to 10,486 physicians and teaching hospitals across 10,942 transactions.

$10.5M Top 10% payer
All-tracks total
10,942 Top 10% volume
Transactions
10,486 Top quartile reach
Recipients
−$1.4M
General Payments vs PY2023

Treace Medical Concepts, Inc. reported $10,523,380.86 across all CMS Open Payments tracks (General + Research + Ownership) to 10,486 physicians and teaching hospitals in Program Year 2024 - ranking #166 of 1,925 reporting manufacturers (0.1% of the all-tracks industry total); General Payments alone were $10,011,391.43, averaging $1.0K per recipient.

How Treace Medical Concepts, Inc.'s $10.5M all-tracks total breaks down

Treace Medical Concepts, Inc.'s payment reach score

Each tracked dimension is percentile-scored against the national companies corpus, then averaged across only the dimensions that apply to this company, a neutral scale measure of reporting activity, not a rating of quality, safety, or ethics.

Overall reach score

B

89/100

Total payments

A

100/100

Transaction volume

A

90/100

Physician reach

A

90/100

Payment type diversity

C

77/100

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 treace-medical-concepts-inc Treace Medical Concepts, Inc.

$10.5M · #166/1,925 · 0.1% industry · PY2024

  • TOT $10.5M
  • RANK #166
  • SHARE 0.1%
  • TXN 10,942
  • RCP 10,486
  • CAT 6
  • GEN $10.0M
  • ΔGEN −$1.4M
  • TOP1 15.7%
  • PY 2024

Nearest volume peer: Dentsply Sirona Inc ($10.4M)

Sanofi-Aventis U.s. LLC$10.7MLexicon Pharmaceuticals, Inc.$10.7MAstellas Pharma US Inc$10.6MTreace Medical Concepts, Inc…$10.5MDentsply Sirona Inc$10.4M
All-tracks payment totals near Treace Medical Concepts, Inc. (CMS Open Payments PY2024)

Treace Medical Concepts, 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

Treace Medical Concepts, Inc.'s CMS-reported General Payments decreased by $1.4M (−12.6%) 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: TREACE MEDICAL CONCEPTS, INC.PY2023: TREACE MEDICAL CONCEPTS, INC.PY2024: TREACE MEDICAL CONCEPTS, 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$11.5MPY2024$10.0M
PY2023
$11,451,653.67
PY2024
$10,011,391.43

What the Data Shows for Treace Medical Concepts, Inc.

CMS Open Payments is not a single ledger: the all-tracks total shown above is General Payments plus Research Payments plus Ownership/Investment interests, each with its own disclosure rules. For Treace Medical Concepts, Inc., that total blends General Payments (day-to-day consulting, meals, travel and speaking fees, shown separately above) with Research and Ownership/Investment interest records, each governed by its own CMS reporting rules. Data for a given Program Year arrives roughly a year after the period it covers; our methodology page documents the release cadence and how we standardize the tracks for cross-company comparison.

"Royalty or License" leads the 6-category general-payment breakdown below at $6.8M (67.9% of General Payments, 120 transactions) - see our methodology for how research and ownership payments are reported separately.

General Payment Breakdown by Type

"Royalty or License" leads Treace Medical Concepts, Inc.'s 6-category general-payment breakdown at $6.8M, 67.9% of the reported total.

Treace Medical Concepts, Inc. reports 6 general-payment categories - the top three are Royalty or License (67.9%), Consulting Fee (25.7%), and Food and Beverage (3.6%). The remaining 3 categories make up 2.7% of this company's reported general-payment total. That multi-category mix is the kind of profile single-category reporters cannot show.

How Treace Medical Concepts, Inc. divides its payments

General-payment categories, ordered by reported total

1. Royalty or License$6.8M2. Consulting Fee$2.6M3. Food and Beverage$364.0K4. Travel and Lodging$269.6K5. Compensation for Services…$2.7K6. Education$1.4K
Payment Type Amount Transactions
Royalty or License $6.8M 120
Consulting Fee $2.6M 801
Food and Beverage $364.0K 8,381
Travel and Lodging $269.6K 991
Compensation for Services Other Than Consulting $2.7K 171
Education $1.4K 22

Recipient Concentration in General Payments

The five largest recipient relationships account for $6,504,855.74 (65.0%) of $10,011,391.43 in this company's General Payments records across 3,590 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 Treace Medical Concepts, Inc.

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

Paul Dayton$1.6MWilliam Bret Smith$1.5MRobert D Santrock$1.3MDaniel J Hatch$1.2MWilliam Thomas Decarbo$924.8K
  1. 1

    Paul Dayton

    $1,575,615.75 across 98 reported transactions

  2. 2

    William Bret Smith

    $1,497,837.34 across 171 reported transactions

  3. 3

    Robert D Santrock

    $1,312,127.20 across 142 reported transactions

  4. 4

    Daniel J Hatch

    $1,194,515.65 across 75 reported transactions

  5. 5

    William Thomas Decarbo

    $924,759.80 across 156 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.

Spend vs. Concentration

Treace Medical Concepts, Inc. ranks #166 of 1,925 by total payments (top 9% by spend) but spreads that money notably more broadly than its spend rank alone would suggest -- #1,031 of 1,838 by HHI (bottom 44% least concentrated), a wider distribution than most similarly sized payers.

02.65.37.910.5983.5991.810001008.31016.5Total payments ($M)Concentration (HHI, 0-10,000)
Treace Medical Concepts, Inc. (highlighted) among its 12 nearest HHI-concentration neighbors, Program Year 2024. Dashed lines mark this neighborhood's median payment total and median HHI. Hover a point for the company name. Source: company_concentration (CMS Open Payments general-payment recipients).
View all 12 companies in this HHI neighborhood as a list

Similarly Concentrated Companies

Companies whose General Payments are spread across recipients about as (un)evenly as Treace Medical Concepts, 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 Treace Medical Concepts, Inc..

Companies with Similar Payment Volumes

Open a profile or compare a similar company's CMS-reported payment pattern with Treace Medical Concepts, Inc..

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

Put this to use

Treace Medical Concepts, Inc. ranks #166 of 1,925 by all-tracks total payments, led by "Royalty or License".

Reported payments reflect what companies disclosed to CMS; a payment is not evidence of wrongdoing.

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.