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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. Bhavesh Balar
๐ŸŽ—๏ธ
MDIndividual

Bhavesh Balar, MD

NPI: 1134113376
Freehold, NJ
10 years of data
Hematology-Oncology
$36.9M
Total Payments
396
Beneficiaries
2.7M
Services
2.62x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$36.9M
Specialty median$339.6K
Rank #37 of 60 in specialty

๐Ÿ“‹ Key Findings

1Billed $36.9M over 10 years
22.62x markup ratio (above median)
3Risk score: 71 โ€” flagged for review
499th percentile in Hematology-Oncology by payments
51.1K services/day โ€” physically implausible
67 procedures with >3x markup

โš ๏ธ Flagged for Review

Risk Score: 71
  • 64x specialty median spending
  • Markup 19.4x (specialty median: 4.0x)
  • 16x specialty median beneficiaries
  • 275x specialty median services
View Deep Dives โ†’Report Fraud โ†’

Statistical flag only โ€” not an accusation of fraud

โš ๏ธ This provider averages 1.1K services per working day โ€” physically unusual for an individual practitioner

Based on 2.7M total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $36.9M in total Medicare payments ranks in the 99th percentile of Hematology-Oncology providers nationally.

Averaging 1.1K services per working day raises questions about billing patterns.

This provider has been statistically flagged with a risk score of 71/100. Statistical flags are not accusations of fraud.

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$31.77$12.982.45x$18.79$3.3M258.0K38
2015$34.81$14.692.37x$20.12$3.8M255.7K40
2016$28.42$12.112.35x$16.31$3.7M308.4K43
2017$40.11$17.022.36x$23.09$3.6M208.6K41
2018$34.30$13.332.57x$20.97$3.6M271.2K37
2019$26.82$10.302.60x$16.52$2.5M240.7K37
2020$29.01$11.382.55x$17.63$3.4M297.1K37
2021$31.96$12.802.50x$19.16$4.3M332.1K37
2022$47.06$18.282.57x$28.78$4.6M252.4K40
2023$68.23$18.123.77x$50.11$4.2M229.7K46

Top Procedures (20)

J9299Injection, nivolumab, 1 mg
$8.2M
371.7K services$22.00/svc2.54x markup
J2505Injection, pegfilgrastim, 6 mg
$4.3M
1.4K services$3.0K/svc1.96x markup
J9271Injection, pembrolizumab, 1 mg
$4.2M
99.4K services$42.08/svc2.57x markup
J0897Injection, denosumab, 1 mg
$2.4M
171.1K services$14.08/svc2.34x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$1.8M
18.4K services$96.42/svc2.43x markup
J9310Injection, rituximab, 100 mg
$1.8M
2.8K services$622.01/svc1.73x markup
99215Established patient office or other outpatient visit, 40-54 minutes
$1.3M
10.8K services$119.94/svc2.39x markup
G9678Oncology care model (ocm) monthly enhanced oncology services (meos) payment for ocm enhanced services. g9678 payments may only be made to ocm practitioners for ocm beneficiaries for the furnishment of enhanced services as defined in the ocm participation a
$1.2M
7.7K services$158.09/svc1.01x markup
96413Administration of chemotherapy into vein, 1 hour or less
$1.2M
9.3K services$123.21/svc3.00x markup
J9035Injection, bevacizumab, 10 mg
$764.4K
14.5K services$52.74/svc2.38x markup
J9264Injection, paclitaxel protein-bound particles, 1 mg
$698.3K
91.0K services$7.67/svc1.80x markup
J0885Injection, epoetin alfa, (for non-esrd use), 1000 unitsโš  3.8x markup
$679.8K
76.1K services$8.93/svc3.82x markup
96367Infusion into a vein for therapy, prevention, or diagnosis, additional sequential infusion, 1 hour or lessโš  5.2x markup
$602.4K
22.3K services$27.00/svc5.15x markup
J1439Injection, ferric carboxymaltose, 1 mgโš  3.5x markup
$576.1K
667.5K services$0.86/svc3.48x markup
Q5119Injection, rituximab-pvvr, biosimilar, (ruxience), 10 mgโš  3.7x markup
$556.4K
13.4K services$41.47/svc3.72x markup
Q5111Injection, pegfilgrastim-cbqv (udenyca), biosimilar, 0.5 mgโš  5.2x markup
$502.0K
3.3K services$149.93/svc5.15x markup
99233Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes
$495.0K
5.6K services$88.68/svc2.39x markup
J1627Injection, granisetron, extended-release, 0.1 mg
$481.5K
118.1K services$4.08/svc2.72x markup
J2469Injection, palonosetron hcl, 25 mcgโš  3.4x markup
$421.7K
29.4K services$14.34/svc3.43x markup
J1437Injection, ferric derisomaltose, 10 mgโš  3.5x markup
$416.0K
23.9K services$17.41/svc3.50x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J9299Injection, nivolumab, 1 mg371.7K$8.2M$22.002.54x
J2505Injection, pegfilgrastim, 6 mg1.4K$4.3M$3.0K1.96x
J9271Injection, pembrolizumab, 1 mg99.4K$4.2M$42.082.57x
J0897Injection, denosumab, 1 mg171.1K$2.4M$14.082.34x
99214Established patient office or other outpatient visit, 30-39 minutes18.4K$1.8M$96.422.43x
J9310Injection, rituximab, 100 mg2.8K$1.8M$622.011.73x
99215Established patient office or other outpatient visit, 40-54 minutes10.8K$1.3M$119.942.39x
G9678Oncology care model (ocm) monthly enhanced oncology services (meos) payment for ocm enhanced services. g9678 payments may only be made to ocm practitioners for ocm beneficiaries for the furnishment of enhanced services as defined in the ocm participation a7.7K$1.2M$158.091.01x
96413Administration of chemotherapy into vein, 1 hour or less9.3K$1.2M$123.213.00x
J9035Injection, bevacizumab, 10 mg14.5K$764.4K$52.742.38x
J9264Injection, paclitaxel protein-bound particles, 1 mg91.0K$698.3K$7.671.80x
J0885Injection, epoetin alfa, (for non-esrd use), 1000 units76.1K$679.8K$8.933.82x
96367Infusion into a vein for therapy, prevention, or diagnosis, additional sequential infusion, 1 hour or less22.3K$602.4K$27.005.15x
J1439Injection, ferric carboxymaltose, 1 mg667.5K$576.1K$0.863.48x
Q5119Injection, rituximab-pvvr, biosimilar, (ruxience), 10 mg13.4K$556.4K$41.473.72x
Q5111Injection, pegfilgrastim-cbqv (udenyca), biosimilar, 0.5 mg3.3K$502.0K$149.935.15x
99233Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes5.6K$495.0K$88.682.39x
J1627Injection, granisetron, extended-release, 0.1 mg118.1K$481.5K$4.082.72x
J2469Injection, palonosetron hcl, 25 mcg29.4K$421.7K$14.343.43x
J1437Injection, ferric derisomaltose, 10 mg23.9K$416.0K$17.413.50x

Markup Analysis

Charge-to-Payment Ratio

2.62x

This provider submits charges 2.62 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.62x means for every $100 Medicare pays, this provider initially charges $262. This is higher than the national average.

Location

Freehold, NJ

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

  • 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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