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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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Methodologyโ€ขDownload Data
  1. Home
  2. Providers
  3. Veracyte, Inc.
๐Ÿ”ฌ
Organization

Veracyte, Inc.

NPI: 1134438427
South San Francisco, CA
10 years of data
Clinical Laboratory
$251.6M
Total Payments
72
Beneficiaries
293.4K
Services
2.09x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$251.6M
Specialty median$1.9M
Rank #42 of 232 in specialty

๐Ÿ“‹ Key Findings

1Billed $251.6M over 10 years
22.09x markup ratio (above median)
399th percentile in Clinical Laboratory by payments
43 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $251.6M in total Medicare payments ranks in the 99th percentile of Clinical Laboratory providers nationally.

Medicare payments to this provider grew 276% 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

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$1.2K$604.571.96x$580.64$10.0M16.6K7
2015$1.4K$626.612.16x$725.98$13.6M21.6K7
2016$1.4K$614.372.34x$821.06$16.4M26.8K7
2017$1.5K$636.882.30x$826.12$19.0M29.8K7
2018$1.5K$747.812.05x$788.25$26.0M34.7K7
2019$1.9K$886.742.09x$968.84$31.0M35.0K7
2020$1.8K$850.512.09x$926.22$28.0M32.9K7
2021$2.2K$1.1K2.03x$1.1K$34.4M32.3K8
2022$2.2K$1.1K2.03x$1.1K$35.6M32.2K7
2023$2.4K$1.2K2.01x$1.2K$37.7M31.5K8

Top Procedures (12)

81545Gene analysis (thyroid cancer)
$100.1M
29.4K services$3.4K/svc1.88x markup
81546Mrna gene analysis of 10,196 genes in fine needle aspiration thyroid specimen, reported as category result (e.g. benign, suspicious)
$90.5M
25.6K services$3.5K/svc1.81x markup
81479Molecular pathology procedure
$25.9M
14.0K services$1.9K/svc2.18x markup
88173Evaluation of fine needle aspirate with interpretation and reportโš  4.0x markup
$15.5M
127.9K services$120.85/svc4.02x markup
81554Mrna gene analysis of 190 genes associated with lung disease (idiopathic pulmonary fibrosis) in transbronchial biopsy specimen of lung
$8.5M
1.6K services$5.4K/svc2.54x markup
84999Chemistry procedures
$5.6M
1.8K services$3.1K/svc1.56x markup
88305Pathology examination of tissue using a microscope, intermediate complexityโš  5.0x markup
$4.0M
82.0K services$49.18/svc5.05x markup
81210Gene analysis (v-raf murine sarcoma viral oncogene homolog b1)
$1.4M
8.1K services$173.20/svc2.74x markup
88341Special stained specimen slides to examine tissue, each additional procedure
$70.4K
2.0K services$35.32/svc1.39x markup
88342Special stained specimen slides to examine tissue, initial procedure
$37.9K
947 services$40.06/svc2.06x markup
G0462Immunohistochemistry or immunocytochemistry, per specimen; each additional single or multiplex antibody stain (list separately in addition to code for primary procedure)
$1.3K
70 services$18.37/svc2.33x markup
G0461Immunohistochemistry or immunocytochemistry, per specimen; first single or multiplex antibody stainโš  3.1x markup
$745.96
29 services$25.72/svc3.13x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
81545Gene analysis (thyroid cancer)29.4K$100.1M$3.4K1.88x
81546Mrna gene analysis of 10,196 genes in fine needle aspiration thyroid specimen, reported as category result (e.g. benign, suspicious)25.6K$90.5M$3.5K1.81x
81479Molecular pathology procedure14.0K$25.9M$1.9K2.18x
88173Evaluation of fine needle aspirate with interpretation and report127.9K$15.5M$120.854.02x
81554Mrna gene analysis of 190 genes associated with lung disease (idiopathic pulmonary fibrosis) in transbronchial biopsy specimen of lung1.6K$8.5M$5.4K2.54x
84999Chemistry procedures1.8K$5.6M$3.1K1.56x
88305Pathology examination of tissue using a microscope, intermediate complexity82.0K$4.0M$49.185.05x
81210Gene analysis (v-raf murine sarcoma viral oncogene homolog b1)8.1K$1.4M$173.202.74x
88341Special stained specimen slides to examine tissue, each additional procedure2.0K$70.4K$35.321.39x
88342Special stained specimen slides to examine tissue, initial procedure947$37.9K$40.062.06x
G0462Immunohistochemistry or immunocytochemistry, per specimen; each additional single or multiplex antibody stain (list separately in addition to code for primary procedure)70$1.3K$18.372.33x
G0461Immunohistochemistry or immunocytochemistry, per specimen; first single or multiplex antibody stain29$745.96$25.723.13x

Markup Analysis

Charge-to-Payment Ratio

2.09x

This provider submits charges 2.09 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.09x means for every $100 Medicare pays, this provider initially charges $209. This is higher than the national average.

Location

South San Francisco, CA

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 Clinical Laboratory providers in CA for peer comparison.

Veracyte, Inc. (you)
$251.6M
Genomic Health, Inc.
$887.6M
Unilab Corporationโš ๏ธ
$868.8M
Caredx Inc.
$751.0M
Laboratory Corporation Of Americaโš ๏ธ
$592.4M
Millennium Health, Llc
$587.9M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Genomic Health, Inc.Redwood City, CA$887.6Mโœ“ Clear
Unilab CorporationWest Hills, CA$868.8Mโš ๏ธ Flagged
Caredx Inc.Brisbane, CA$751.0Mโœ“ Clear
Laboratory Corporation Of AmericaSan Diego, CA$592.4Mโš ๏ธ Flagged
Millennium Health, LlcSan Diego, CA$587.9Mโœ“ 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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