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

John Welch, MD

NPI: 1033116074
Hastings, NE
10 years of data
Ophthalmology
$94.8M
Total Payments
172
Beneficiaries
542.8K
Services
1.91x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$94.8M
Specialty median$383.7K
Rank #2 of 189 in specialty

๐Ÿ“‹ Key Findings

1Billed $94.8M over 10 years
21.91x markup ratio
399th percentile in Ophthalmology by payments
4217 services/day โ€” physically implausible
53 procedures with >3x markup

โš ๏ธ This provider averages 217 services per working day โ€” physically unusual for an individual practitioner

Based on 542.8K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $94.8M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 217 services per working day raises questions about billing patterns.

72% of their billing comes from a single procedure code (J0178 โ€” Injection, aflibercept, 1 mg).

AI-generated analysis based on Medicare payment data.

Annual Medicare Payments

Annual Services Provided

Avg Payment per Service

Markup Ratio Over Time

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$497.05$262.471.89x$234.58$9.2M34.9K18
2015$555.37$284.321.95x$271.05$8.9M31.4K17
2016$586.82$301.091.95x$285.73$8.0M26.5K19
2017$593.96$303.171.96x$290.79$8.1M26.9K18
2018$593.81$305.741.94x$288.07$8.8M28.7K17
2019$634.99$329.501.93x$305.49$10.5M31.9K17
2020$614.44$320.311.92x$294.13$10.2M32.0K17
2021$630.87$334.551.89x$296.32$10.4M31.1K17
2022$352.84$178.191.98x$174.65$10.4M58.6K18
2023$71.98$42.361.70x$29.62$10.2M240.9K14

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$68.4M
91.3K services$749.36/svc1.64x markup
J2777Injection, faricimab-svoa, 0.1 mg
$7.4M
255.2K services$29.08/svc1.45x markup
J2778Injection, ranibizumab, 0.1 mg
$5.9M
21.2K services$276.60/svc1.72x markup
67028Injection of drug into eyeโš  5.8x markup
$5.0M
61.9K services$81.49/svc5.80x markup
J0179Injection, brolucizumab-dbll, 1 mg
$1.5M
6.0K services$250.44/svc1.64x markup
92134Imaging of retina
$1.4M
51.5K services$28.02/svc2.76x markup
J3490Unclassified drugs
$1.4M
766 services$1.8K/svc1.89x markup
J3590Unclassified biologics
$878.2K
19.1K services$45.94/svc2.09x markup
92014Established patient complete exam of visual system
$667.1K
8.1K services$81.92/svc2.54x markup
92004New patient complete exam of visual system
$459.3K
4.6K services$99.42/svc2.47x markup
92250Photography of the retinaโš  3.1x markup
$456.6K
12.3K services$37.11/svc3.14x markup
67041Removal of membrane of retina
$284.9K
329 services$866.04/svc2.54x markup
92012Established patient problem focused exam of visual system
$236.5K
4.1K services$57.30/svc2.41x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina
$163.7K
182 services$899.21/svc2.55x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina
$107.0K
108 services$991.01/svc2.61x markup
J7999Compounded drug, not otherwise classified
$81.8K
2.1K services$38.61/svc2.59x markup
92235Imaging of blood vessels in back of eye using fluorescein dye
$76.8K
946 services$81.17/svc2.37x markup
67145Photocoagulation treatment to prevent detachment of retina
$75.2K
215 services$349.61/svc2.79x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessionsโš  3.1x markup
$74.0K
178 services$415.57/svc3.12x markup
99212Established patient office or other outpatient visit, 10-19 minutes
$55.0K
1.7K services$31.56/svc2.39x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg91.3K$68.4M$749.361.64x
J2777Injection, faricimab-svoa, 0.1 mg255.2K$7.4M$29.081.45x
J2778Injection, ranibizumab, 0.1 mg21.2K$5.9M$276.601.72x
67028Injection of drug into eye61.9K$5.0M$81.495.80x
J0179Injection, brolucizumab-dbll, 1 mg6.0K$1.5M$250.441.64x
92134Imaging of retina51.5K$1.4M$28.022.76x
J3490Unclassified drugs766$1.4M$1.8K1.89x
J3590Unclassified biologics19.1K$878.2K$45.942.09x
92014Established patient complete exam of visual system8.1K$667.1K$81.922.54x
92004New patient complete exam of visual system4.6K$459.3K$99.422.47x
92250Photography of the retina12.3K$456.6K$37.113.14x
67041Removal of membrane of retina329$284.9K$866.042.54x
92012Established patient problem focused exam of visual system4.1K$236.5K$57.302.41x
67042Removal of membrane of retina with removal of internal limiting membrane of retina182$163.7K$899.212.55x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina108$107.0K$991.012.61x
J7999Compounded drug, not otherwise classified2.1K$81.8K$38.612.59x
92235Imaging of blood vessels in back of eye using fluorescein dye946$76.8K$81.172.37x
67145Photocoagulation treatment to prevent detachment of retina215$75.2K$349.612.79x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions178$74.0K$415.573.12x
99212Established patient office or other outpatient visit, 10-19 minutes1.7K$55.0K$31.562.39x

Markup Analysis

Charge-to-Payment Ratio

1.91x

This provider submits charges 1.91 times higher than what Medicare actually pays.

What This Means

A markup ratio of 1.91x means for every $100 Medicare pays, this provider initially charges $191. This is lower than the national average.

Location

Hastings, NE

Provider Verification

Always verify provider credentials and location before scheduling appointments. This data reflects Medicare payments and may not include all practice locations.

Similar Providers

Other Ophthalmology providers in NE for peer comparison.

John Welch (you)
$94.8M
William Terrell, M.D.
$59.3M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
William Terrell, M.D.Hastings, NE$59.3Mโœ“ Clear

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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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