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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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Methodology•Download Data
  1. Home
  2. Providers
  3. Philip Rizk
⚕️
MDIndividual

Philip Rizk, MD

NPI: 1063497733
Richmond, VA
10 years of data
Hospitalist
$5.2M
Total Payments
19.2K
Beneficiaries
82.6K
Services
4.86x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$5.2M
Specialty median$56.1K

📋 Key Findings

1Billed $5.2M over 10 years
24.86x markup ratio (above median)
399th percentile in Hospitalist by payments
4Payments surged 86% in 2015
512 procedures with >3x markup
✓ No flags detected

🔎 Data Analysis

This provider's $5.2M in total Medicare payments ranks in the 99th percentile of Hospitalist providers nationally.

Medicare payments to this provider grew 94% from 2014 to 2023.

63% of their billing comes from a single procedure code (99232 — Subsequent hospital inpatient care, typically 25 minutes per day).

AI-generated analysis based on Medicare payment data.

Annual Medicare Payments

Annual Services Provided

Avg Payment per Service

Markup Ratio Over Time

📈

Notable: Payments increased 86% 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 — the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$181.90$86.212.11x$95.69$256.3K6.0K2.2K
2015$457.00$77.725.88x$379.28$476.3K7.9K1.9K
2016$473.72$79.375.97x$394.35$523.3K8.9K1.9K
2017$539.70$88.776.08x$450.93$535.9K9.1K1.8K
2018$539.70$92.835.81x$446.87$585.5K9.5K2.0K
2019$392.62$95.444.11x$297.18$652.4K9.5K2.1K
2020$403.88$95.114.25x$308.77$587.5K8.4K1.9K
2021$394.25$87.044.53x$307.21$588.2K8.2K2.1K
2022$396.59$88.774.47x$307.82$520.0K7.5K1.8K
2023$371.66$79.874.65x$291.79$497.0K7.7K1.5K

Top Procedures (13)

99232Subsequent hospital inpatient care, typically 25 minutes per day⚠ 5.1x markup
$3.3M
57.7K services$57.02/svc5.09x markup
99233Subsequent hospital inpatient care, typically 35 minutes per day⚠ 4.5x markup
$965.2K
11.6K services$83.21/svc4.52x markup
99223Initial hospital inpatient care, typically 70 minutes per day⚠ 4.9x markup
$291.6K
1.9K services$156.17/svc4.91x markup
99239Hospital discharge day management, more than 30 minutes⚠ 5.0x markup
$203.8K
2.4K services$84.52/svc5.02x markup
99238Hospital discharge day management, 30 minutes or less⚠ 4.4x markup
$149.4K
2.6K services$57.26/svc4.38x markup
99231Subsequent hospital inpatient care, typically 15 minutes per day
$133.4K
4.4K services$30.48/svc2.32x markup
99222Initial hospital inpatient care, typically 50 minutes per day⚠ 4.3x markup
$110.5K
1.1K services$104.61/svc4.30x markup
99221Initial hospital inpatient care, typically 30 minutes per day⚠ 4.8x markup
$41.8K
536 services$77.92/svc4.78x markup
99217Hospital observation care discharge⚠ 4.7x markup
$11.9K
211 services$56.20/svc4.69x markup
99220Hospital observation care typically 70 minutes per day⚠ 4.7x markup
$11.0K
77 services$142.39/svc4.67x markup
99219Hospital observation care typically 50 minutes⚠ 5.0x markup
$6.7K
64 services$105.16/svc4.96x markup
99497Advance care planning, first 30 minutes⚠ 4.9x markup
$5.2K
89 services$58.62/svc4.93x markup
99218Hospital observation care typically 30 minutes⚠ 5.8x markup
$853.35
11 services$77.58/svc5.79x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
99232Subsequent hospital inpatient care, typically 25 minutes per day57.7K$3.3M$57.025.09x
99233Subsequent hospital inpatient care, typically 35 minutes per day11.6K$965.2K$83.214.52x
99223Initial hospital inpatient care, typically 70 minutes per day1.9K$291.6K$156.174.91x
99239Hospital discharge day management, more than 30 minutes2.4K$203.8K$84.525.02x
99238Hospital discharge day management, 30 minutes or less2.6K$149.4K$57.264.38x
99231Subsequent hospital inpatient care, typically 15 minutes per day4.4K$133.4K$30.482.32x
99222Initial hospital inpatient care, typically 50 minutes per day1.1K$110.5K$104.614.30x
99221Initial hospital inpatient care, typically 30 minutes per day536$41.8K$77.924.78x
99217Hospital observation care discharge211$11.9K$56.204.69x
99220Hospital observation care typically 70 minutes per day77$11.0K$142.394.67x
99219Hospital observation care typically 50 minutes64$6.7K$105.164.96x
99497Advance care planning, first 30 minutes89$5.2K$58.624.93x
99218Hospital observation care typically 30 minutes11$853.35$77.585.79x

Markup Analysis

Charge-to-Payment Ratio

4.86x

This provider submits charges 4.86 times higher than what Medicare actually pays.

What This Means

A markup ratio of 4.86x means for every $100 Medicare pays, this provider initially charges $486. 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.

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Data Sources

  • • Centers for Medicare & Medicaid Services (CMS)
  • • Medicare Provider Utilization and Payment Data (2014-2023)
  • • 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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