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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. Virginia Eye Institute Inc
๐Ÿ”ช
Organization

Virginia Eye Institute Inc

NPI: 1053336602
Richmond, VA
10 years of data
Ambulatory Surgical Center
$40.0M
Total Payments
248
Beneficiaries
72.7K
Services
4.25x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$40.0M
Specialty median$657.1K
Rank #18 of 44 in specialty

๐Ÿ“‹ Key Findings

1Billed $40.0M over 10 years
24.25x markup ratio (above median)
399th percentile in Ambulatory Surgical Center by payments
415 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $40.0M in total Medicare payments ranks in the 99th percentile of Ambulatory Surgical Center providers nationally.

61% of their billing comes from a single procedure code (66984 โ€” Removal of cataract with insertion of prosthetic lens).

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$2.4K$603.404.01x$1.8K$3.5M5.8K27
2015$2.4K$587.804.13x$1.8K$3.3M5.6K25
2016$2.6K$608.424.35x$2.0K$3.5M5.8K24
2017$2.5K$592.834.23x$1.9K$3.9M6.5K23
2018$2.2K$527.294.23x$1.7K$4.1M7.8K26
2019$2.1K$492.314.34x$1.6K$4.4M8.9K29
2020$2.8K$664.894.16x$2.1K$3.6M5.4K23
2021$2.2K$544.483.97x$1.6K$4.3M7.8K21
2022$2.0K$481.254.21x$1.5K$4.7M9.7K24
2023$2.4K$509.974.78x$1.9K$4.8M9.4K26

Top Procedures (20)

66984Removal of cataract with insertion of prosthetic lensโš  4.4x markup
$23.5M
31.8K services$737.48/svc4.37x markup
66982Complex removal of cataract with insertion of prosthetic lensโš  4.5x markup
$2.6M
3.5K services$729.57/svc4.49x markup
65820Incision to improve eye fluid flow
$2.5M
1.8K services$1.3K/svc2.37x markup
66821Removal of recurring cataract in lens capsule using a laserโš  7.3x markup
$1.6M
8.8K services$187.43/svc7.29x markup
15823Removal of excessive skin and fat of upper eyelidโš  4.3x markup
$1.1M
2.4K services$461.62/svc4.33x markup
V2785Processing, preserving and transporting corneal tissue
$1.1M
413 services$2.6K/svc1.31x markup
67904Repair of tendon of upper eyelidโš  4.0x markup
$925.9K
2.0K services$474.35/svc3.99x markup
J1096Dexamethasone, lacrimal ophthalmic insert, 0.1 mg
$860.6K
8.3K services$103.22/svc2.06x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retinaโš  3.7x markup
$593.0K
433 services$1.4K/svc3.72x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retinaโš  3.1x markup
$555.2K
407 services$1.4K/svc3.13x markup
0191TInternal insertion of eye fluid drainage device
$482.8K
276 services$1.7K/svc2.69x markup
66180Creation of shunt to improve eye fluid flow using tissue graft
$396.3K
269 services$1.5K/svc2.24x markup
65756Transplantation of outer layer of corneal tissueโš  3.6x markup
$347.0K
249 services$1.4K/svc3.62x markup
67041Removal of membrane of retinaโš  3.8x markup
$346.0K
266 services$1.3K/svc3.84x markup
66179Creation of shunt to improve eye fluid flowโš  3.3x markup
$342.8K
238 services$1.4K/svc3.32x markup
67040Destruction of eye fluid (vitreous) between lens and retina and all of retina using a laserโš  3.2x markup
$238.0K
179 services$1.3K/svc3.18x markup
67917Extensive repair of turning-outward eyelid defectโš  3.2x markup
$225.2K
462 services$487.48/svc3.17x markup
66183Insertion of eye fluid drainage deviceโš  3.5x markup
$210.3K
161 services$1.3K/svc3.51x markup
67036Removal of eye fluid (vitreous) between lens and retinaโš  3.2x markup
$200.1K
145 services$1.4K/svc3.20x markup
66174Dilation of fluid outflow drainage within eyeโš  4.1x markup
$198.1K
144 services$1.4K/svc4.10x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
66984Removal of cataract with insertion of prosthetic lens31.8K$23.5M$737.484.37x
66982Complex removal of cataract with insertion of prosthetic lens3.5K$2.6M$729.574.49x
65820Incision to improve eye fluid flow1.8K$2.5M$1.3K2.37x
66821Removal of recurring cataract in lens capsule using a laser8.8K$1.6M$187.437.29x
15823Removal of excessive skin and fat of upper eyelid2.4K$1.1M$461.624.33x
V2785Processing, preserving and transporting corneal tissue413$1.1M$2.6K1.31x
67904Repair of tendon of upper eyelid2.0K$925.9K$474.353.99x
J1096Dexamethasone, lacrimal ophthalmic insert, 0.1 mg8.3K$860.6K$103.222.06x
67042Removal of membrane of retina with removal of internal limiting membrane of retina433$593.0K$1.4K3.72x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina407$555.2K$1.4K3.13x
0191TInternal insertion of eye fluid drainage device276$482.8K$1.7K2.69x
66180Creation of shunt to improve eye fluid flow using tissue graft269$396.3K$1.5K2.24x
65756Transplantation of outer layer of corneal tissue249$347.0K$1.4K3.62x
67041Removal of membrane of retina266$346.0K$1.3K3.84x
66179Creation of shunt to improve eye fluid flow238$342.8K$1.4K3.32x
67040Destruction of eye fluid (vitreous) between lens and retina and all of retina using a laser179$238.0K$1.3K3.18x
67917Extensive repair of turning-outward eyelid defect462$225.2K$487.483.17x
66183Insertion of eye fluid drainage device161$210.3K$1.3K3.51x
67036Removal of eye fluid (vitreous) between lens and retina145$200.1K$1.4K3.20x
66174Dilation of fluid outflow drainage within eye144$198.1K$1.4K4.10x

Markup Analysis

Charge-to-Payment Ratio

4.25x

This provider submits charges 4.25 times higher than what Medicare actually pays.

What This Means

A markup ratio of 4.25x means for every $100 Medicare pays, this provider initially charges $425. This is higher than the national average.

Location

Richmond, VA

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 Ambulatory Surgical Center providers in VA for peer comparison.

Virginia Eye Institute Inc (you)
$40.0M
Roanoke Valley Center For Sight Llc
$57.7M
Stony Point Surgery Center, L.L.C
$45.5M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Roanoke Valley Center For Sight LlcSalem, VA$57.7Mโœ“ Clear
Stony Point Surgery Center, L.L.CRichmond, VA$45.5Mโœ“ 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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