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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. Sandeep Shah
๐Ÿ‘๏ธ
MDIndividual

Sandeep Shah, MD

NPI: 1154362770
Edmond, OK
10 years of data
Ophthalmology
$30.7M
Total Payments
200
Beneficiaries
184.0K
Services
2.18x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$30.7M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $30.7M over 10 years
22.18x markup ratio (above median)
399th percentile in Ophthalmology by payments
474 services/day โ€” unusually high
53 procedures with >3x markup

This provider averages 74 services per working day

Based on 184.0K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $30.7M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 74 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 99% 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$291.15$140.292.08x$150.86$2.0M14.0K17
2015$316.33$150.072.11x$166.26$2.5M16.4K19
2016$356.75$169.792.10x$186.96$2.7M15.8K19
2017$367.41$175.192.10x$192.22$3.1M17.5K20
2018$412.97$197.902.09x$215.07$3.6M18.1K20
2019$435.88$206.802.11x$229.08$3.4M16.2K19
2020$458.91$214.762.14x$244.15$3.2M14.7K19
2021$477.42$221.262.16x$256.16$3.1M14.1K19
2022$485.68$185.172.62x$300.51$3.4M18.1K22
2023$223.47$100.522.22x$122.95$3.9M38.9K26

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$17.0M
23.3K services$731.42/svc1.95x markup
J2778Injection, ranibizumab, 0.1 mg
$5.5M
19.5K services$281.99/svc2.39x markup
67028Injection of drug into eye
$2.0M
24.6K services$82.28/svc2.97x markup
92014Established patient complete exam of visual system
$1.7M
19.9K services$82.96/svc2.22x markup
92134Imaging of retina
$993.5K
34.2K services$29.04/svc2.75x markup
J2777Injection, faricimab-svoa, 0.1 mg
$745.3K
25.6K services$29.16/svc1.71x markup
J9035Injection, bevacizumab, 10 mg
$565.6K
10.3K services$55.16/svc2.10x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$347.0K
2.2K services$156.81/svc1.92x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina
$344.9K
396 services$870.94/svc2.76x markup
99204New patient office or other outpatient visit, 45-59 minutes
$317.3K
2.8K services$112.97/svc1.94x markup
92012Established patient problem focused exam of visual system
$241.7K
4.1K services$58.65/svc2.02x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina
$153.2K
160 services$957.73/svc2.61x markup
67145Photocoagulation treatment to prevent detachment of retina
$140.2K
417 services$336.28/svc2.98x markup
67113Complex repair of detached retina and drainage of eye fluid between lens and retina
$111.9K
115 services$972.97/svc2.88x markup
92250Photography of the retina
$103.3K
2.7K services$38.97/svc2.59x markup
67228Destruction of leaking blood vessels of retina using laserโš  5.8x markup
$82.6K
239 services$345.74/svc5.78x markup
92235Exam of retinal blood vessels using a special camera after injection of a dyeโš  3.4x markup
$81.5K
1.1K services$73.30/svc3.37x markup
67041Removal of membrane of retina
$43.9K
52 services$843.34/svc2.61x markup
92225Examination of eye by ophthalmoscope with retinal drawingโš  3.7x markup
$40.1K
2.0K services$19.95/svc3.74x markup
765122d ultrasound scan of eye tissue and structures
$31.8K
566 services$56.13/svc2.66x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg23.3K$17.0M$731.421.95x
J2778Injection, ranibizumab, 0.1 mg19.5K$5.5M$281.992.39x
67028Injection of drug into eye24.6K$2.0M$82.282.97x
92014Established patient complete exam of visual system19.9K$1.7M$82.962.22x
92134Imaging of retina34.2K$993.5K$29.042.75x
J2777Injection, faricimab-svoa, 0.1 mg25.6K$745.3K$29.161.71x
J9035Injection, bevacizumab, 10 mg10.3K$565.6K$55.162.10x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg2.2K$347.0K$156.811.92x
67042Removal of membrane of retina with removal of internal limiting membrane of retina396$344.9K$870.942.76x
99204New patient office or other outpatient visit, 45-59 minutes2.8K$317.3K$112.971.94x
92012Established patient problem focused exam of visual system4.1K$241.7K$58.652.02x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina160$153.2K$957.732.61x
67145Photocoagulation treatment to prevent detachment of retina417$140.2K$336.282.98x
67113Complex repair of detached retina and drainage of eye fluid between lens and retina115$111.9K$972.972.88x
92250Photography of the retina2.7K$103.3K$38.972.59x
67228Destruction of leaking blood vessels of retina using laser239$82.6K$345.745.78x
92235Exam of retinal blood vessels using a special camera after injection of a dye1.1K$81.5K$73.303.37x
67041Removal of membrane of retina52$43.9K$843.342.61x
92225Examination of eye by ophthalmoscope with retinal drawing2.0K$40.1K$19.953.74x
765122d ultrasound scan of eye tissue and structures566$31.8K$56.132.66x

Markup Analysis

Charge-to-Payment Ratio

2.18x

This provider submits charges 2.18 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.18x means for every $100 Medicare pays, this provider initially charges $218. This is higher than the national average.

Location

Edmond, OK

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 OK for peer comparison.

Sandeep Shah (you)
$30.7M
Sumit Nanda, MD
$40.7M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Sumit Nanda, MDOklahoma City, OK$40.7Mโœ“ 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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