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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. Douglas Covert
๐Ÿ‘๏ธ
MDIndividual

Douglas Covert, MD, MPH

NPI: 1194897017
Traverse City, MI
10 years of data
Ophthalmology
$34.7M
Total Payments
139
Beneficiaries
186.0K
Services
1.73x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$34.7M
Specialty median$383.7K
Rank #173 of 189 in specialty

๐Ÿ“‹ Key Findings

1Billed $34.7M over 10 years
21.73x markup ratio
399th percentile in Ophthalmology by payments
474 services/day โ€” unusually high
55 procedures with >3x markup

This provider averages 74 services per working day

Based on 186.0K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $34.7M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

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

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$337.43$201.231.68x$136.20$2.6M13.1K13
2015$342.91$205.651.67x$137.26$3.2M15.7K12
2016$387.08$231.711.67x$155.37$4.0M17.3K18
2017$393.66$233.361.69x$160.30$4.1M17.6K13
2018$391.20$231.071.69x$160.13$4.1M17.9K14
2019$390.40$224.571.74x$165.83$3.7M16.6K14
2020$429.97$248.131.73x$181.84$3.3M13.2K9
2021$434.53$247.941.75x$186.59$3.1M12.5K13
2022$330.62$177.431.86x$153.19$3.3M18.4K18
2023$139.04$73.701.89x$65.34$3.2M43.6K15

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$16.1M
21.7K services$741.82/svc1.46x markup
J2778Injection, ranibizumab, 0.1 mg
$12.0M
43.1K services$278.16/svc1.68x markup
92014Established patient complete exam of visual system
$1.9M
22.9K services$83.81/svc2.11x markup
67028Injection of drug into eyeโš  3.4x markup
$1.6M
19.5K services$83.36/svc3.38x markup
J2777Injection, faricimab-svoa, 0.1 mg
$1.1M
38.7K services$29.02/svc1.55x markup
92134Imaging of retina
$767.8K
26.1K services$29.46/svc2.73x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$227.1K
2.5K services$90.67/svc2.39x markup
92250Photography of the retinaโš  3.3x markup
$215.8K
4.9K services$44.07/svc3.34x markup
J3590Unclassified biologics
$161.3K
712 services$226.57/svc2.36x markup
92004New patient complete exam of visual system
$160.1K
1.6K services$99.28/svc2.03x markup
92235Exam of retinal blood vessels using a special camera after injection of a dyeโš  3.3x markup
$94.2K
1.2K services$78.97/svc3.32x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina
$85.0K
92 services$924.14/svc2.56x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions
$60.3K
103 services$585.33/svc2.35x markup
67108Repair of detached retina and drainage of eye fluid between lens and retina
$51.9K
55 services$944.17/svc2.65x markup
99204New patient office or other outpatient visit, 45-59 minutes
$41.3K
360 services$114.82/svc2.41x markup
92226Examination of eye by ophthalmoscope with retinal drawingโš  3.2x markup
$21.5K
1.2K services$17.77/svc3.21x markup
67145Photocoagulation treatment to prevent detachment of retinaโš  4.5x markup
$20.1K
57 services$352.14/svc4.47x markup
92012Established patient problem focused exam of visual system
$18.9K
298 services$63.54/svc2.37x markup
67036Removal of eye fluid (vitreous) between the lens and retina
$17.8K
27 services$660.94/svc2.27x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$12.4K
196 services$63.24/svc2.45x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg21.7K$16.1M$741.821.46x
J2778Injection, ranibizumab, 0.1 mg43.1K$12.0M$278.161.68x
92014Established patient complete exam of visual system22.9K$1.9M$83.812.11x
67028Injection of drug into eye19.5K$1.6M$83.363.38x
J2777Injection, faricimab-svoa, 0.1 mg38.7K$1.1M$29.021.55x
92134Imaging of retina26.1K$767.8K$29.462.73x
99214Established patient office or other outpatient visit, 30-39 minutes2.5K$227.1K$90.672.39x
92250Photography of the retina4.9K$215.8K$44.073.34x
J3590Unclassified biologics712$161.3K$226.572.36x
92004New patient complete exam of visual system1.6K$160.1K$99.282.03x
92235Exam of retinal blood vessels using a special camera after injection of a dye1.2K$94.2K$78.973.32x
67042Removal of membrane of retina with removal of internal limiting membrane of retina92$85.0K$924.142.56x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions103$60.3K$585.332.35x
67108Repair of detached retina and drainage of eye fluid between lens and retina55$51.9K$944.172.65x
99204New patient office or other outpatient visit, 45-59 minutes360$41.3K$114.822.41x
92226Examination of eye by ophthalmoscope with retinal drawing1.2K$21.5K$17.773.21x
67145Photocoagulation treatment to prevent detachment of retina57$20.1K$352.144.47x
92012Established patient problem focused exam of visual system298$18.9K$63.542.37x
67036Removal of eye fluid (vitreous) between the lens and retina27$17.8K$660.942.27x
99213Established patient office or other outpatient visit, 20-29 minutes196$12.4K$63.242.45x

Markup Analysis

Charge-to-Payment Ratio

1.73x

This provider submits charges 1.73 times higher than what Medicare actually pays.

What This Means

A markup ratio of 1.73x means for every $100 Medicare pays, this provider initially charges $173. This is lower than the national average.

Location

Traverse City, MI

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 MI for peer comparison.

Douglas Covert (you)
$34.7M
Sandeep Randhawa, MD
$44.6M
Scott Sneed, MD
$39.4M
Jeremy Wolfe, MD
$39.4M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Sandeep Randhawa, MDRoyal Oak, MI$44.6Mโœ“ Clear
Scott Sneed, MDTraverse City, MI$39.4Mโœ“ Clear
Jeremy Wolfe, MDRoyal Oak, MI$39.4Mโœ“ 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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