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Data Sources: Centers for Medicare & Medicaid Services (CMS), Medicare Provider Utilization and Payment Data
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Methodology•Download Data
  1. Home
  2. Providers
  3. John Thordsen
👁️
MDIndividual

John Thordsen, MD

NPI: 1073659769
Raleigh, NC
10 years of data
Ophthalmology
$34.5M
Total Payments
179
Beneficiaries
153.3K
Services
2.16x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$34.5M
Specialty median$383.7K
Rank #176 of 189 in specialty

📋 Key Findings

1Billed $34.5M over 10 years
22.16x markup ratio (above median)
399th percentile in Ophthalmology by payments
461 services/day — unusually high
58 procedures with >3x markup

This provider averages 61 services per working day

Based on 153.3K total services over 10 years (250 working days/year). Learn about impossible service volumes →

🔎 Data Analysis

This provider's $34.5M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 61 services per working day raises questions about billing patterns.

61% of their billing comes from a single procedure code (J0178 — 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 — the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$419.54$194.362.16x$225.18$4.1M20.8K17
2015$479.04$228.452.10x$250.59$4.4M19.2K18
2016$524.89$241.052.18x$283.84$3.2M13.3K19
2017$541.64$254.222.13x$287.42$2.6M10.0K18
2018$517.20$242.732.13x$274.47$2.9M11.9K18
2019$519.19$241.822.15x$277.37$3.4M14.0K19
2020$617.66$293.422.11x$324.24$3.6M12.4K18
2021$620.53$293.292.12x$327.24$3.5M11.9K16
2022$496.26$226.982.19x$269.28$3.4M15.0K16
2023$335.01$143.172.34x$191.84$3.5M24.7K20

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$20.8M
28.1K services$741.04/svc1.69x markup
J2778Injection, ranibizumab, 0.1 mg
$7.9M
27.3K services$288.82/svc1.75x markup
67028Injection of drug into eye⚠ 8.0x markup
$1.7M
20.4K services$85.43/svc8.02x markup
92134Imaging of retina⚠ 3.2x markup
$646.1K
20.6K services$31.35/svc3.22x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$606.5K
7.0K services$86.57/svc2.15x markup
J2777Injection, faricimab-svoa, 0.1 mg
$470.6K
16.1K services$29.27/svc1.45x markup
92235Exam of retinal blood vessels using a special camera after injection of a dye⚠ 3.3x markup
$342.6K
4.5K services$76.12/svc3.32x markup
92250Photography of the retina⚠ 4.3x markup
$295.2K
8.5K services$34.85/svc4.28x markup
J3590Unclassified biologics
$283.4K
2.5K services$114.94/svc2.51x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$202.3K
3.2K services$62.66/svc2.57x markup
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg
$153.6K
890 services$172.56/svc2.55x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions⚠ 5.3x markup
$142.2K
388 services$366.57/svc5.32x markup
67210Destruction of growth of retina using a laser⚠ 3.8x markup
$141.2K
359 services$393.32/svc3.77x markup
99204New patient office or other outpatient visit, 45-59 minutes
$133.9K
1.2K services$110.46/svc2.02x markup
J3490Unclassified drugs⚠ 3.7x markup
$116.7K
49 services$2.4K/svc3.71x markup
J9035Injection, bevacizumab, 10 mg
$114.6K
2.0K services$57.72/svc1.74x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$76.4K
1.3K services$56.86/svc2.17x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$65.2K
413 services$157.75/svc1.74x markup
67041Removal of membrane from the retina⚠ 5.5x markup
$61.5K
68 services$904.28/svc5.53x markup
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits
$44.1K
431 services$102.34/svc1.94x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg28.1K$20.8M$741.041.69x
J2778Injection, ranibizumab, 0.1 mg27.3K$7.9M$288.821.75x
67028Injection of drug into eye20.4K$1.7M$85.438.02x
92134Imaging of retina20.6K$646.1K$31.353.22x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits7.0K$606.5K$86.572.15x
J2777Injection, faricimab-svoa, 0.1 mg16.1K$470.6K$29.271.45x
92235Exam of retinal blood vessels using a special camera after injection of a dye4.5K$342.6K$76.123.32x
92250Photography of the retina8.5K$295.2K$34.854.28x
J3590Unclassified biologics2.5K$283.4K$114.942.51x
99213Established patient office or other outpatient visit, 20-29 minutes3.2K$202.3K$62.662.57x
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg890$153.6K$172.562.55x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions388$142.2K$366.575.32x
67210Destruction of growth of retina using a laser359$141.2K$393.323.77x
99204New patient office or other outpatient visit, 45-59 minutes1.2K$133.9K$110.462.02x
J3490Unclassified drugs49$116.7K$2.4K3.71x
J9035Injection, bevacizumab, 10 mg2.0K$114.6K$57.721.74x
92012Eye and medical examination for diagnosis and treatment, established patient1.3K$76.4K$56.862.17x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg413$65.2K$157.751.74x
67041Removal of membrane from the retina68$61.5K$904.285.53x
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits431$44.1K$102.341.94x

Markup Analysis

Charge-to-Payment Ratio

2.16x

This provider submits charges 2.16 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.16x means for every $100 Medicare pays, this provider initially charges $216. This is higher than the national average.

Location

Raleigh, NC

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 NC for peer comparison.

John Thordsen (you)
$34.5M
Shil Patel, M.D.
$63.1M
James Pate, M.D.
$44.5M
Justin Brown, M.D.
$43.5M
Nitin Gupta, M.D., M.P.H.
$42.0M
Igor Westra, MD
$40.5M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Shil Patel, M.D.New Bern, NC$63.1M✓ Clear
James Pate, M.D.Raleigh, NC$44.5M✓ Clear
Justin Brown, M.D.Charlotte, NC$43.5M✓ Clear
Nitin Gupta, M.D., M.P.H.Raleigh, NC$42.0M✓ Clear
Igor Westra, MDWilmington, NC$40.5M✓ Clear

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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.

Believe this data is inaccurate? Dispute this data