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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. Philip Ferrone
👁️
MDIndividual

Philip Ferrone, MD

NPI: 1164535472
Great Neck, NY
10 years of data
Ophthalmology
$31.3M
Total Payments
165
Beneficiaries
187.4K
Services
3.14x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$31.3M
Specialty median$383.7K

📋 Key Findings

1Billed $31.3M over 10 years
23.14x markup ratio (above median)
399th percentile in Ophthalmology by payments
475 services/day — unusually high
512 procedures with >3x markup

This provider averages 75 services per working day

Based on 187.4K total services over 10 years (250 working days/year). Learn about impossible service volumes →

🔎 Data Analysis

This provider's $31.3M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 75 services per working day raises questions about billing patterns.

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$557.46$186.502.99x$370.96$3.0M16.1K15
2015$595.08$199.742.98x$395.34$3.6M18.1K16
2016$569.04$193.362.94x$375.68$3.2M16.6K16
2017$585.45$195.013.00x$390.44$3.1M15.7K16
2018$532.93$171.023.12x$361.91$3.1M17.9K14
2019$590.14$183.583.21x$406.56$3.7M19.9K14
2020$633.62$192.973.28x$440.65$3.0M15.7K13
2021$662.66$198.813.33x$463.85$2.9M14.6K19
2022$550.30$162.373.39x$387.93$2.6M16.1K18
2023$269.05$83.933.21x$185.12$3.1M36.5K24

Top Procedures (20)

J2778Injection, ranibizumab, 0.1 mg
$12.9M
46.1K services$281.02/svc2.86x markup
J0178Injection, aflibercept, 1 mg
$10.5M
14.3K services$737.39/svc2.77x markup
67028Injection of drug into eye⚠ 6.9x markup
$1.7M
16.3K services$101.63/svc6.88x markup
92134Imaging of retina⚠ 4.5x markup
$1.1M
28.6K services$37.90/svc4.48x markup
92014Established patient complete exam of visual system⚠ 3.1x markup
$956.1K
9.3K services$102.95/svc3.07x markup
92012Established patient problem focused exam of visual system
$937.5K
12.3K services$76.07/svc2.66x markup
J2777Injection, faricimab-svoa, 0.1 mg
$780.0K
27.0K services$28.89/svc2.41x markup
92226Examination of eye by ophthalmoscope with retinal drawing⚠ 3.8x markup
$516.2K
14.8K services$34.81/svc3.81x markup
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg⚠ 3.7x markup
$267.8K
1.2K services$217.17/svc3.68x markup
99213Established patient office or other outpatient visit, 20-29 minutes⚠ 3.8x markup
$241.4K
3.0K services$80.00/svc3.75x markup
J3490Unclassified drugs
$210.4K
116 services$1.8K/svc2.24x markup
92235Exam of retinal blood vessels using a special camera after injection of a dye
$202.9K
1.5K services$133.14/svc2.77x markup
99204New patient office or other outpatient visit, 45-59 minutes
$193.6K
1.3K services$143.63/svc2.69x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina⚠ 5.7x markup
$120.5K
106 services$1.1K/svc5.72x markup
92250Photography of the retina⚠ 3.1x markup
$101.2K
2.0K services$51.26/svc3.08x markup
J2781Injection, pegcetacoplan, intravitreal, 1 mg
$95.7K
795 services$120.36/svc2.49x markup
92201Extended exam of the back part of the eye with retinal drawing⚠ 4.1x markup
$62.0K
2.8K services$22.05/svc4.08x markup
J9035Injection, bevacizumab, 10 mg⚠ 6.3x markup
$58.8K
1.0K services$58.51/svc6.33x markup
92225Examination of eye by ophthalmoscope with retinal drawing⚠ 3.7x markup
$44.7K
1.1K services$42.01/svc3.68x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions⚠ 4.6x markup
$44.2K
82 services$539.08/svc4.64x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J2778Injection, ranibizumab, 0.1 mg46.1K$12.9M$281.022.86x
J0178Injection, aflibercept, 1 mg14.3K$10.5M$737.392.77x
67028Injection of drug into eye16.3K$1.7M$101.636.88x
92134Imaging of retina28.6K$1.1M$37.904.48x
92014Established patient complete exam of visual system9.3K$956.1K$102.953.07x
92012Established patient problem focused exam of visual system12.3K$937.5K$76.072.66x
J2777Injection, faricimab-svoa, 0.1 mg27.0K$780.0K$28.892.41x
92226Examination of eye by ophthalmoscope with retinal drawing14.8K$516.2K$34.813.81x
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg1.2K$267.8K$217.173.68x
99213Established patient office or other outpatient visit, 20-29 minutes3.0K$241.4K$80.003.75x
J3490Unclassified drugs116$210.4K$1.8K2.24x
92235Exam of retinal blood vessels using a special camera after injection of a dye1.5K$202.9K$133.142.77x
99204New patient office or other outpatient visit, 45-59 minutes1.3K$193.6K$143.632.69x
67042Removal of membrane of retina with removal of internal limiting membrane of retina106$120.5K$1.1K5.72x
92250Photography of the retina2.0K$101.2K$51.263.08x
J2781Injection, pegcetacoplan, intravitreal, 1 mg795$95.7K$120.362.49x
92201Extended exam of the back part of the eye with retinal drawing2.8K$62.0K$22.054.08x
J9035Injection, bevacizumab, 10 mg1.0K$58.8K$58.516.33x
92225Examination of eye by ophthalmoscope with retinal drawing1.1K$44.7K$42.013.68x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions82$44.2K$539.084.64x

Markup Analysis

Charge-to-Payment Ratio

3.14x

This provider submits charges 3.14 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.14x means for every $100 Medicare pays, this provider initially charges $314. This is higher than the national average.

Location

Great Neck, NY

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 NY for peer comparison.

Philip Ferrone (you)
$31.3M
Jonathan Jonisch, MD
$52.3M
Jeffrey Josef, M.D.
$52.2M
Brett Rosenblatt
$50.0M
Kenneth Graham
$47.1M
Glenn Stoller, M.D.
$46.4M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Jonathan Jonisch, MDGreat Neck, NY$52.3M✓ Clear
Jeffrey Josef, M.D.Suffern, NY$52.2M✓ Clear
Brett RosenblattGreat Neck, NY$50.0M✓ Clear
Kenneth GrahamGreat Neck, NY$47.1M✓ Clear
Glenn Stoller, M.D.Rockville Centre, NY$46.4M✓ 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