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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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Methodology•Download Data
  1. Home
  2. Providers
  3. Cosmo Fraser
⚕️
MDIndividual

Cosmo Fraser, MD

NPI: 1215026760
Yuba City, CA
10 years of data
Nephrology
$5.4M
Total Payments
13.6K
Beneficiaries
45.4K
Services
2.63x
Markup Ratio

Peer Comparison

98th
percentile in specialty
This provider$5.4M
Specialty median$185.2K

📋 Key Findings

1Billed $5.4M over 10 years
22.63x markup ratio (above median)
398th percentile in Nephrology by payments
42 procedures with >3x markup
✓ No flags detected

🔎 Data Analysis

This provider's $5.4M in total Medicare payments ranks in the 98th percentile of Nephrology providers nationally.

This provider's billing patterns fall within normal ranges for their specialty.

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$286.00$106.982.67x$179.02$615.0K5.5K1.6K
2015$282.27$104.732.70x$177.54$504.3K4.4K1.3K
2016$292.67$107.732.72x$184.94$422.9K3.9K1.4K
2017$299.55$105.992.83x$193.56$482.6K4.4K1.4K
2018$299.55$112.732.66x$186.82$541.0K4.7K1.4K
2019$315.20$116.992.69x$198.21$548.7K4.7K1.4K
2020$322.64$126.382.55x$196.26$550.3K4.5K1.3K
2021$367.41$141.762.59x$225.65$609.0K4.8K1.3K
2022$454.49$135.993.34x$318.50$533.8K4.1K1.2K
2023$331.90$122.732.70x$209.17$582.8K4.4K1.2K

Top Procedures (14)

90960Dialysis services (4 or more physician visits per month), patient 20 years of age and older
$2.1M
8.8K services$240.14/svc2.61x markup
99233Subsequent hospital inpatient care, typically 35 minutes per day
$1.1M
13.6K services$83.95/svc2.52x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$943.1K
11.4K services$82.92/svc2.77x markup
99223Initial hospital inpatient care, typically 70 minutes per day
$525.0K
3.4K services$153.90/svc2.60x markup
90935Hemodialysis procedure with one physician evaluation
$260.0K
4.5K services$58.40/svc2.58x markup
99215Established patient office or other outpatient, visit typically 40 minutes
$129.2K
1.1K services$116.61/svc2.68x markup
99291Critical care delivery critically ill or injured patient, first 30-74 minutes⚠ 3.2x markup
$125.6K
723 services$173.68/svc3.19x markup
99205New patient office or other outpatient visit, typically 60 minutes
$47.1K
314 services$150.10/svc2.74x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$30.8K
606 services$50.83/svc2.89x markup
99239Hospital discharge day management, more than 30 minutes
$25.1K
292 services$85.84/svc2.47x markup
99232Subsequent hospital inpatient care, typically 25 minutes per day
$22.2K
390 services$56.82/svc2.52x markup
99204New patient office or other outpatient visit, typically 45 minutes⚠ 3.1x markup
$15.6K
137 services$113.88/svc3.10x markup
99203New patient office or other outpatient visit, typically 30 minutes
$12.5K
153 services$81.39/svc2.67x markup
90937Hemodialysis procedure with repeated evaluations
$3.2K
38 services$83.08/svc2.48x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
90960Dialysis services (4 or more physician visits per month), patient 20 years of age and older8.8K$2.1M$240.142.61x
99233Subsequent hospital inpatient care, typically 35 minutes per day13.6K$1.1M$83.952.52x
99214Established patient office or other outpatient, visit typically 25 minutes11.4K$943.1K$82.922.77x
99223Initial hospital inpatient care, typically 70 minutes per day3.4K$525.0K$153.902.60x
90935Hemodialysis procedure with one physician evaluation4.5K$260.0K$58.402.58x
99215Established patient office or other outpatient, visit typically 40 minutes1.1K$129.2K$116.612.68x
99291Critical care delivery critically ill or injured patient, first 30-74 minutes723$125.6K$173.683.19x
99205New patient office or other outpatient visit, typically 60 minutes314$47.1K$150.102.74x
99213Established patient office or other outpatient visit, typically 15 minutes606$30.8K$50.832.89x
99239Hospital discharge day management, more than 30 minutes292$25.1K$85.842.47x
99232Subsequent hospital inpatient care, typically 25 minutes per day390$22.2K$56.822.52x
99204New patient office or other outpatient visit, typically 45 minutes137$15.6K$113.883.10x
99203New patient office or other outpatient visit, typically 30 minutes153$12.5K$81.392.67x
90937Hemodialysis procedure with repeated evaluations38$3.2K$83.082.48x

Markup Analysis

Charge-to-Payment Ratio

2.63x

This provider submits charges 2.63 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.63x means for every $100 Medicare pays, this provider initially charges $263. This is higher than the national average.

Location

Yuba City, 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 Nephrology providers in CA for peer comparison.

Cosmo Fraser (you)
$5.4M
Feliciano Serrano, M.D.
$45.3M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Feliciano Serrano, M.D.Huntington Park, CA$45.3M✓ 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.

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