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Data Sources: Centers for Medicare & Medicaid Services (CMS), Medicare Provider Utilization and Payment Data
Disclaimer: This site is an independent journalism project. Data analysis and editorial content are not affiliated with or endorsed by CMS or any government agency. All spending figures are based on publicly available Medicare payment records.
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ยฉ 2026 OpenMedicare. Independent data journalism. Built by TheDataProject.ai

Methodologyโ€ขDownload Data
  1. Home
  2. Providers
  3. Ahad Fazelat
๐Ÿ‘๏ธ
MDIndividual

Ahad Fazelat, M.D.

NPI: 1013141597
Manchester, NH
10 years of data
Ophthalmology
$4.4M
Total Payments
23.2K
Beneficiaries
48.8K
Services
3.3x
Markup Ratio

Peer Comparison

96th
percentile in specialty
This provider$4.4M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $4.4M over 10 years
23.3x markup ratio (above median)
396th percentile in Ophthalmology by payments
4Payments surged 55% in 2015
58 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $4.4M in total Medicare payments ranks in the 96th percentile of Ophthalmology providers nationally.

Medicare payments to this provider grew 72% from 2014 to 2023.

AI-generated analysis based on Medicare payment data.

Annual Medicare Payments

Annual Services Provided

Avg Payment per Service

Markup Ratio Over Time

๐Ÿ“ˆ

Notable: Payments increased 55% in 2015

Year-over-year payment surges can indicate changes in practice volume, new services, or billing pattern shifts.

Submitted Charges vs. Medicare Payments

Average per-service amounts submitted by the provider compared to what Medicare actually paid โ€” the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$436.06$162.742.68x$273.32$332.1K4.1K2.3K
2015$561.45$199.822.81x$361.63$513.5K4.7K2.5K
2016$341.36$135.312.52x$206.05$599.2K5.6K2.6K
2017$516.12$192.512.68x$323.61$470.6K5.2K2.1K
2018$468.17$150.153.12x$318.02$346.4K4.8K2.1K
2019$447.75$141.443.17x$306.31$334.6K4.3K1.8K
2020$551.00$163.623.37x$387.38$320.4K4.1K1.8K
2021$643.86$186.973.44x$456.89$397.1K4.7K2.3K
2022$951.91$270.933.51x$680.98$487.3K5.6K2.7K
2023$406.19$132.813.06x$273.38$570.9K5.7K2.9K

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$917.9K
1.2K services$745.07/svc1.45x markup
67028Injection of drug into eyeโš  7.6x markup
$883.2K
10.0K services$88.33/svc7.61x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$550.0K
6.0K services$92.11/svc2.03x markup
J9035Injection, bevacizumab, 10 mg
$375.6K
6.6K services$56.92/svc1.76x markup
J2778Injection, ranibizumab, 0.1 mg
$358.5K
1.4K services$260.19/svc1.65x markup
92134Diagnostic imaging of retinaโš  4.6x markup
$303.9K
9.3K services$32.58/svc4.60x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$242.9K
2.6K services$92.84/svc2.01x markup
99204New patient office or other outpatient visit, typically 45 minutes
$131.3K
1.1K services$120.54/svc2.10x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$129.6K
2.0K services$63.79/svc1.98x markup
67041Removal of membrane from the retinaโš  3.8x markup
$91.3K
98 services$931.17/svc3.76x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$85.3K
1.3K services$64.97/svc1.86x markup
92226Examination of eye by ophthalmoscope with retinal drawingโš  3.0x markup
$68.9K
3.5K services$19.72/svc3.05x markup
92250Photography of the retinaโš  4.9x markup
$49.0K
1.7K services$28.74/svc4.87x markup
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessionsโš  4.9x markup
$40.8K
127 services$321.46/svc4.90x markup
92235Examination of retinal blood vessels by ophthalmoscope
$22.1K
252 services$87.77/svc2.95x markup
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits
$20.3K
179 services$113.21/svc2.22x markup
67036Removal of eye fluid (vitreous) between the lens and retinaโš  3.7x markup
$17.6K
25 services$705.47/svc3.69x markup
J2777Injection, faricimab-svoa, 0.1 mg
$15.6K
541 services$28.91/svc1.51x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions
$14.6K
18 services$812.87/svc2.95x markup
67210Laser destruction of retinal growth, 1 or more sessionsโš  3.9x markup
$14.5K
35 services$415.29/svc3.85x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg1.2K$917.9K$745.071.45x
67028Injection of drug into eye10.0K$883.2K$88.337.61x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits6.0K$550.0K$92.112.03x
J9035Injection, bevacizumab, 10 mg6.6K$375.6K$56.921.76x
J2778Injection, ranibizumab, 0.1 mg1.4K$358.5K$260.191.65x
92134Diagnostic imaging of retina9.3K$303.9K$32.584.60x
99214Established patient office or other outpatient, visit typically 25 minutes2.6K$242.9K$92.842.01x
99204New patient office or other outpatient visit, typically 45 minutes1.1K$131.3K$120.542.10x
92012Eye and medical examination for diagnosis and treatment, established patient2.0K$129.6K$63.791.98x
67041Removal of membrane from the retina98$91.3K$931.173.76x
99213Established patient office or other outpatient visit, typically 15 minutes1.3K$85.3K$64.971.86x
92226Examination of eye by ophthalmoscope with retinal drawing3.5K$68.9K$19.723.05x
92250Photography of the retina1.7K$49.0K$28.744.87x
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessions127$40.8K$321.464.90x
92235Examination of retinal blood vessels by ophthalmoscope252$22.1K$87.772.95x
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits179$20.3K$113.212.22x
67036Removal of eye fluid (vitreous) between the lens and retina25$17.6K$705.473.69x
J2777Injection, faricimab-svoa, 0.1 mg541$15.6K$28.911.51x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions18$14.6K$812.872.95x
67210Laser destruction of retinal growth, 1 or more sessions35$14.5K$415.293.85x

Markup Analysis

Charge-to-Payment Ratio

3.3x

This provider submits charges 3.3 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.3x means for every $100 Medicare pays, this provider initially charges $330. This is higher than the national average.

Location

Manchester, NH

Provider Verification

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Data Sources

  • โ€ข Centers for Medicare & Medicaid Services (CMS)
  • โ€ข Medicare Provider Utilization and Payment Data (2014-2023)
  • โ€ข National Plan and Provider Enumeration System (NPPES)

Last Updated: February 2026 (data through 2023, the latest CMS release)

Note: All data is from publicly available Medicare records. OpenMedicare is an independent journalism project not affiliated with CMS.

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