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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. Sunil Malkani
๐Ÿ‘๏ธ
MDIndividual

Sunil Malkani, MD

NPI: 1134191976
Fort Myers, FL
10 years of data
Ophthalmology
$14.8M
Total Payments
71.3K
Beneficiaries
153.3K
Services
2.77x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$14.8M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $14.8M over 10 years
22.77x markup ratio (above median)
399th percentile in Ophthalmology by payments
461 services/day โ€” unusually high
5Payments surged 63% in 2018
66 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 โ†’

๐Ÿ”Ž Data Analysis

This provider's $14.8M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

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

Medicare payments to this provider grew 71% from 2014 to 2023.

AI-generated analysis based on Medicare payment data.

Annual Medicare Payments

Annual Services Provided

Avg Payment per Service

Markup Ratio Over Time

๐Ÿ“ˆ

Notable: Payments increased 63% in 2018

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 โ€” the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$793.64$297.502.67x$496.14$983.1K11.7K5.9K
2015$719.23$249.142.89x$470.09$894.6K10.8K5.6K
2016$711.94$213.663.33x$498.28$1.1M13.7K6.6K
2017$443.95$191.602.32x$252.35$1.3M18.5K8.2K
2018$392.14$166.722.35x$225.42$2.1M21.7K10.0K
2019$435.11$184.442.36x$250.67$1.8M19.7K8.6K
2020$626.22$255.202.45x$371.02$1.6M14.5K7.3K
2021$517.96$234.302.21x$283.66$1.8M14.6K6.4K
2022$579.94$237.012.45x$342.93$1.6M13.7K6.5K
2023$615.24$252.622.44x$362.62$1.7M14.4K6.3K

Top Procedures (20)

J0178Injection, aflibercept, 1 mgโš  3.4x markup
$4.1M
5.6K services$731.77/svc3.39x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$1.8M
19.1K services$95.32/svc2.07x markup
92240Examination of eye using an endoscope
$1.1M
6.7K services$162.60/svc2.47x markup
92250Photography of the retinaโš  3.0x markup
$993.0K
24.8K services$40.01/svc3.03x markup
92242Imaging of blood vessels in back of eye using fluorescein and indocyanine-green dye
$899.7K
4.7K services$190.93/svc2.27x markup
67028Injection of drug into eye
$781.1K
8.9K services$87.38/svc2.46x markup
92235Examination of retinal blood vessels by ophthalmoscope
$777.0K
10.1K services$77.03/svc2.75x markup
92134Diagnostic imaging of retina
$706.2K
23.0K services$30.75/svc2.33x markup
92273Full field recording of retinal electrical responses to external stimuli with interpretation and reportโš  3.1x markup
$469.0K
5.2K services$90.82/svc3.14x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$460.8K
6.9K services$66.59/svc2.01x markup
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits
$320.2K
2.9K services$110.01/svc2.24x markup
92226Examination of eye by ophthalmoscope with retinal drawing
$314.1K
16.2K services$19.39/svc2.28x markup
95930Measurement and recording of nerve conduction patterns using visually-evoked stimulationโš  3.4x markup
$301.4K
5.4K services$55.59/svc3.43x markup
67041Removal of membrane from the retina
$209.6K
215 services$974.86/svc2.50x markup
67042Removal of membrane from the retina, pars plana approach
$168.9K
187 services$903.37/svc2.17x markup
76512Ultrasound of eye disease, growth, or structureโš  3.8x markup
$165.2K
2.8K services$59.85/svc3.75x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessionsโš  3.7x markup
$165.1K
331 services$498.83/svc3.72x markup
92275Recording of retinal electrical responses to external stimuli
$133.8K
1.3K services$106.51/svc2.09x markup
67113Repair of detached retina and drainage of eye fluid between lens and retina
$131.7K
115 services$1.1K/svc2.44x markup
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessions
$113.1K
317 services$356.70/svc2.42x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg5.6K$4.1M$731.773.39x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits19.1K$1.8M$95.322.07x
92240Examination of eye using an endoscope6.7K$1.1M$162.602.47x
92250Photography of the retina24.8K$993.0K$40.013.03x
92242Imaging of blood vessels in back of eye using fluorescein and indocyanine-green dye4.7K$899.7K$190.932.27x
67028Injection of drug into eye8.9K$781.1K$87.382.46x
92235Examination of retinal blood vessels by ophthalmoscope10.1K$777.0K$77.032.75x
92134Diagnostic imaging of retina23.0K$706.2K$30.752.33x
92273Full field recording of retinal electrical responses to external stimuli with interpretation and report5.2K$469.0K$90.823.14x
92012Eye and medical examination for diagnosis and treatment, established patient6.9K$460.8K$66.592.01x
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits2.9K$320.2K$110.012.24x
92226Examination of eye by ophthalmoscope with retinal drawing16.2K$314.1K$19.392.28x
95930Measurement and recording of nerve conduction patterns using visually-evoked stimulation5.4K$301.4K$55.593.43x
67041Removal of membrane from the retina215$209.6K$974.862.50x
67042Removal of membrane from the retina, pars plana approach187$168.9K$903.372.17x
76512Ultrasound of eye disease, growth, or structure2.8K$165.2K$59.853.75x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions331$165.1K$498.833.72x
92275Recording of retinal electrical responses to external stimuli1.3K$133.8K$106.512.09x
67113Repair of detached retina and drainage of eye fluid between lens and retina115$131.7K$1.1K2.44x
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessions317$113.1K$356.702.42x

Markup Analysis

Charge-to-Payment Ratio

2.77x

This provider submits charges 2.77 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.77x means for every $100 Medicare pays, this provider initially charges $277. This is higher than the national average.

Location

Fort Myers, FL

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 FL for peer comparison.

Sunil Malkani (you)
$14.8M
Alexander Eaton, MD
$99.5M
Sunil Gupta, M.D.
$86.1M
Hussein Wafapoor, M.D.
$70.9M
John Myers, M.D.
$69.4M
Thomas Baudo, M.D.
$64.2M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Alexander Eaton, MDFort Myers, FL$99.5Mโœ“ Clear
Sunil Gupta, M.D.Pensacola, FL$86.1Mโœ“ Clear
Hussein Wafapoor, M.D.Fort Myers, FL$70.9Mโœ“ Clear
John Myers, M.D.Pensacola, FL$69.4Mโœ“ Clear
Thomas Baudo, M.D.Vero Beach, FL$64.2Mโœ“ 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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