PlainPharmaWatch

CMS Open Payments · Program Year 2024

Treace Medical Concepts, Inc.

Treace Medical Concepts, Inc. reported $10,523,380.86 in payments to 10,486 physicians and teaching hospitals across 10,942 transactions.

See the rankings → How this is sourced
$10.5M
Total payments
10,942
Transactions
10,486
Recipients
−$1.4M
General Payments vs PY2023

Treace Medical Concepts, Inc. reported $10,523,380.86 in payments to 10,486 physicians and teaching hospitals in CMS Open Payments Program Year 2024 - ranking #166 of 1,925 reporting manufacturers (0.1% of all US industry payments), averaging $1.0K 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

Treace Medical Concepts, Inc. pairs top-10% payment volume with a broadly spread payment pattern across many recipients.

#166
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

Treace Medical Concepts, Inc.'s CMS-reported General Payments decreased by $1.4M (−12.6%) 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: 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

How Treace Medical Concepts, 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.

Treace Medical Concepts, Inc.'s total vs. every reporting company

CMS Open Payments, Program Year 2024

$10,523,381 Top 9% higher than 91% 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 Treace Medical Concepts, Inc.

Treace Medical Concepts, Inc. ranks #166 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 $10,523,380.86 across 10,942 transactions to 10,486 physicians and teaching hospitals - $961.74 per transaction and $1.0K per recipient on average.

"Royalty or License" leads the 6-category general-payment breakdown below at $6.8M (64.6% of the company's reported total, 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, 64.6% of the reported total.

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. 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 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.

Payment Size Analysis

Average transaction size: $961.74. Average per recipient: $1.0K.

Total Amount

$10,523,380.86

Avg per Transaction

$961.74

Avg per Recipient

$1.0K

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

Treace Medical Concepts, Inc. Share

0.1%

#166 by total payments

Companies with Similar Payment Volumes

Pharmaceutical companies with payment totals similar to Treace Medical Concepts, Inc.

Dentsply Sirona Inc

$10.4M 68,448 recipients

Astellas Pharma US Inc

$10.6M 147,377 recipients

Lexicon Pharmaceuticals, Inc.

$10.7M 20,498 recipients

Sanofi-Aventis U.s. LLC

$10.7M 42,061 recipients

Exactech, Inc.

$10.4M 2,226 recipients

Travere Therapeutics, Inc.

$10.4M 21,321 recipients

Frequently Asked Questions

How much did Treace Medical Concepts, Inc. pay to physicians and hospitals in 2024? ▾
0.1% of all industry payments reported to CMS Open Payments for 2024 came from Treace Medical Concepts, Inc., totaling $10,523,380.86 across 10,942 transactions to physicians and hospitals.
How many physicians received payments from Treace Medical Concepts, Inc.? ▾
10,486 physicians and teaching hospitals received payments from Treace Medical Concepts, Inc. in 2024, averaging $1.0K per recipient.
What types of payments did Treace Medical Concepts, Inc. make? ▾
6 categories of general payment make up Treace Medical Concepts, Inc.'s reported activity, including consulting, meals, travel, and similar types. The largest general-payment category was "Royalty or License" at $6.8M, representing 64.6% of the company's reported total.
How does Treace Medical Concepts, Inc. rank among pharmaceutical companies? ▾
Treace Medical Concepts, Inc. ranks #166 out of 1,925 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from Treace Medical Concepts, Inc.? ▾
Treace Medical Concepts, Inc.'s 10,942 transactions to 10,486 recipients in 2024 averaged $961.74 per transaction.
Where does the payment data for Treace Medical Concepts, 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.

View saved (companies)
Download Treace Medical Concepts, Inc.'s data (CSV)
Embed this widget

Copy this snippet to embed a live-linked card on your own site.

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.