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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. Matthew Colman
๐Ÿฆด
MDIndividual

Matthew Colman, MD

NPI: 1205002607
Chicago, IL
10 years of data
Orthopedic Surgery
$3.6M
Total Payments
14.5K
Beneficiaries
17.3K
Services
10.16x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$3.6M
Specialty median$103.3K

๐Ÿ“‹ Key Findings

1Billed $3.6M over 10 years
210.16x markup ratio (above median)
399th percentile in Orthopedic Surgery by payments
4Payments surged 2093% in 2015
516 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $3.6M in total Medicare payments ranks in the 99th percentile of Orthopedic Surgery providers nationally.

Their average markup ratio of 10.16x is significantly above the specialty median of 4.7x.

Medicare payments to this provider grew 5325% 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 2093% in 2015

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$216.15$66.553.25x$149.60$9.3K124116
2015$2.1K$223.159.61x$1.9K$203.6K1.3K1.1K
2016$3.1K$356.378.83x$2.8K$346.7K1.7K1.4K
2017$4.5K$572.227.94x$4.0K$489.2K1.6K1.4K
2018$4.3K$424.2110.19x$3.9K$368.9K1.9K1.6K
2019$4.4K$394.3411.15x$4.0K$423.3K2.2K1.8K
2020$5.0K$413.8612.02x$4.6K$370.6K1.8K1.5K
2021$5.3K$419.0412.66x$4.9K$423.0K2.1K1.7K
2022$5.4K$379.5114.15x$5.0K$485.0K2.3K1.9K
2023$5.2K$386.6313.36x$4.8K$503.6K2.3K2.0K

Top Procedures (20)

22633Fusion of lower spine bones with removal of disc, posterior or posterolateral approachโš  12.7x markup
$477.9K
277 services$1.7K/svc12.68x markup
22612Fusion of lower spine bones, posterior or posterolateral approachโš  9.3x markup
$457.2K
305 services$1.5K/svc9.33x markup
63047Partial removal of middle spine bone with release of spinal cord and/or nervesโš  14.9x markup
$392.6K
586 services$669.88/svc14.88x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$280.4K
4.3K services$64.66/svc2.65x markup
22842Insertion of posterior spinal instrumentation for spinal stabilization, 3 to 6 vertebral segmentsโš  10.7x markup
$275.3K
371 services$742.01/svc10.70x markup
99204New patient office or other outpatient visit, typically 45 minutes
$265.0K
1.9K services$138.40/svc2.84x markup
22840Insertion of posterior spinal instrumentation at base of neck for stabilization, 1 interspaceโš  9.9x markup
$162.4K
218 services$744.78/svc9.90x markup
22214Incision of spine to correct deformity at lower spinal columnโš  20.5x markup
$153.9K
207 services$743.41/svc20.50x markup
22614Fusion of spine bones, posterior or posterolateral approachโš  9.8x markup
$153.2K
402 services$381.00/svc9.79x markup
22551Fusion of spine bones with removal of disc at upper spinal column, anterior approachโš  11.0x markup
$153.1K
96 services$1.6K/svc11.02x markup
22853Insertion of device into intervertebral disc space of spine and fusion of vertebraeโš  12.2x markup
$109.6K
452 services$242.45/svc12.16x markup
22558Fusion of spine bones with removal of disc at lower spinal column, anterior approachโš  13.5x markup
$102.4K
93 services$1.1K/svc13.50x markup
63048Partial removal of spine bone with release of spinal cord and/or nervesโš  11.2x markup
$94.7K
457 services$207.26/svc11.17x markup
22845Insertion of anterior spinal instrumentation for spinal stabilization, 2 to 3 vertebral segmentsโš  10.6x markup
$77.5K
113 services$685.54/svc10.59x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$66.7K
692 services$96.43/svc2.71x markup
72100X-ray of lower and sacral spine, 2 or 3 viewsโš  6.1x markup
$58.4K
2.0K services$29.85/svc6.11x markup
72148MRI scan of lower spinal canalโš  15.4x markup
$56.8K
386 services$147.06/svc15.42x markup
72110X-ray of lower and sacral spine, minimum of 4 viewsโš  6.3x markup
$55.1K
1.4K services$39.33/svc6.35x markup
99203New patient office or other outpatient visit, typically 30 minutes
$24.3K
283 services$86.02/svc2.92x markup
72082X-ray of spine, 2 or 3 viewsโš  5.3x markup
$22.4K
411 services$54.61/svc5.34x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
22633Fusion of lower spine bones with removal of disc, posterior or posterolateral approach277$477.9K$1.7K12.68x
22612Fusion of lower spine bones, posterior or posterolateral approach305$457.2K$1.5K9.33x
63047Partial removal of middle spine bone with release of spinal cord and/or nerves586$392.6K$669.8814.88x
99213Established patient office or other outpatient visit, typically 15 minutes4.3K$280.4K$64.662.65x
22842Insertion of posterior spinal instrumentation for spinal stabilization, 3 to 6 vertebral segments371$275.3K$742.0110.70x
99204New patient office or other outpatient visit, typically 45 minutes1.9K$265.0K$138.402.84x
22840Insertion of posterior spinal instrumentation at base of neck for stabilization, 1 interspace218$162.4K$744.789.90x
22214Incision of spine to correct deformity at lower spinal column207$153.9K$743.4120.50x
22614Fusion of spine bones, posterior or posterolateral approach402$153.2K$381.009.79x
22551Fusion of spine bones with removal of disc at upper spinal column, anterior approach96$153.1K$1.6K11.02x
22853Insertion of device into intervertebral disc space of spine and fusion of vertebrae452$109.6K$242.4512.16x
22558Fusion of spine bones with removal of disc at lower spinal column, anterior approach93$102.4K$1.1K13.50x
63048Partial removal of spine bone with release of spinal cord and/or nerves457$94.7K$207.2611.17x
22845Insertion of anterior spinal instrumentation for spinal stabilization, 2 to 3 vertebral segments113$77.5K$685.5410.59x
99214Established patient office or other outpatient, visit typically 25 minutes692$66.7K$96.432.71x
72100X-ray of lower and sacral spine, 2 or 3 views2.0K$58.4K$29.856.11x
72148MRI scan of lower spinal canal386$56.8K$147.0615.42x
72110X-ray of lower and sacral spine, minimum of 4 views1.4K$55.1K$39.336.35x
99203New patient office or other outpatient visit, typically 30 minutes283$24.3K$86.022.92x
72082X-ray of spine, 2 or 3 views411$22.4K$54.615.34x

Markup Analysis

Charge-to-Payment Ratio

10.16x

This provider submits charges 10.16 times higher than what Medicare actually pays.

What This Means

A markup ratio of 10.16x means for every $100 Medicare pays, this provider initially charges $1016. This is higher than the national average.

Location

Chicago, IL

Provider Verification

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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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