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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. Stephen Helgemo
๐Ÿ”ช
MDIndividual

Stephen Helgemo, M.D.

NPI: 1235142969
Port Charlotte, FL
10 years of data
Hand Surgery
$3.5M
Total Payments
35.9K
Beneficiaries
41.4K
Services
2.8x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$3.5M
Specialty median$79.6K

๐Ÿ“‹ Key Findings

1Billed $3.5M over 10 years
22.8x markup ratio (above median)
399th percentile in Hand Surgery by payments
47 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $3.5M in total Medicare payments ranks in the 99th percentile of Hand Surgery 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 โ€” the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$533.73$185.122.88x$348.61$353.2K4.4K3.7K
2015$467.35$166.152.81x$301.20$338.0K4.3K3.7K
2016$496.07$165.672.99x$330.40$370.5K4.7K4.1K
2017$518.10$171.253.03x$346.85$354.6K4.3K3.7K
2018$518.10$176.022.94x$342.08$351.6K4.3K3.7K
2019$549.62$195.332.81x$354.29$379.6K4.5K3.9K
2020$461.12$175.852.62x$285.27$309.7K3.7K3.2K
2021$540.62$203.682.65x$336.94$304.6K3.6K3.1K
2022$470.06$172.162.73x$297.90$289.3K3.4K3.0K
2023$464.41$182.232.55x$282.18$418.5K4.3K3.8K

Top Procedures (20)

26055Incision of tendon covering
$710.9K
1.8K services$398.92/svc2.86x markup
29848Release of wrist ligament using an endoscope
$665.5K
1.7K services$386.68/svc2.57x markup
99203New patient office or other outpatient visit, typically 30 minutes
$368.4K
5.0K services$73.78/svc2.58x markup
26040Release of tissues of palm, accessed through the skin
$199.8K
834 services$239.58/svc2.34x markup
25447Removal of bone joints between wrist and fingers
$193.4K
295 services$655.64/svc2.35x markup
20550Injections of tendon sheath, ligament, or muscle membraneโš  3.4x markup
$162.1K
4.8K services$33.92/svc3.39x markup
64718Release and/or relocation of ulnar nerve at elbow
$144.6K
306 services$472.44/svc2.43x markup
99212Established patient office or other outpatient visit, typically 10 minutes
$133.8K
4.2K services$32.02/svc2.35x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$131.2K
2.3K services$56.76/svc2.47x markup
99202New patient office or other outpatient visit, typically 20 minutes
$130.9K
2.6K services$49.67/svc2.58x markup
26160Removal of growth of tendon finger or hand
$130.0K
295 services$440.69/svc2.68x markup
20605Aspiration and/or injection of medium joint or joint capsuleโš  3.1x markup
$108.2K
3.0K services$36.20/svc3.12x markup
26480Transplant of tendon of handโš  4.0x markup
$101.8K
320 services$318.16/svc3.95x markup
76000Imaging guidance for procedure, up to 1 hourโš  5.4x markup
$98.0K
2.9K services$33.51/svc5.37x markup
20600Aspiration and/or injection of small joint or joint capsuleโš  4.3x markup
$38.5K
1.6K services$23.95/svc4.34x markup
J0702Injection, betamethasone acetate 3mg and betamethasone sodium phosphate 3mg
$37.4K
8.1K services$4.60/svc2.71x markup
26860Fusion of finger joint
$21.5K
55 services$390.47/svc2.98x markup
25000Incision to repair tendon covering at wristโš  3.5x markup
$19.1K
84 services$226.86/svc3.53x markup
29125Application of non-moveable, short arm splint (forearm to hand)
$12.6K
259 services$48.49/svc2.58x markup
20680Removal of deep bone implantโš  3.8x markup
$11.6K
42 services$275.95/svc3.77x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
26055Incision of tendon covering1.8K$710.9K$398.922.86x
29848Release of wrist ligament using an endoscope1.7K$665.5K$386.682.57x
99203New patient office or other outpatient visit, typically 30 minutes5.0K$368.4K$73.782.58x
26040Release of tissues of palm, accessed through the skin834$199.8K$239.582.34x
25447Removal of bone joints between wrist and fingers295$193.4K$655.642.35x
20550Injections of tendon sheath, ligament, or muscle membrane4.8K$162.1K$33.923.39x
64718Release and/or relocation of ulnar nerve at elbow306$144.6K$472.442.43x
99212Established patient office or other outpatient visit, typically 10 minutes4.2K$133.8K$32.022.35x
99213Established patient office or other outpatient visit, typically 15 minutes2.3K$131.2K$56.762.47x
99202New patient office or other outpatient visit, typically 20 minutes2.6K$130.9K$49.672.58x
26160Removal of growth of tendon finger or hand295$130.0K$440.692.68x
20605Aspiration and/or injection of medium joint or joint capsule3.0K$108.2K$36.203.12x
26480Transplant of tendon of hand320$101.8K$318.163.95x
76000Imaging guidance for procedure, up to 1 hour2.9K$98.0K$33.515.37x
20600Aspiration and/or injection of small joint or joint capsule1.6K$38.5K$23.954.34x
J0702Injection, betamethasone acetate 3mg and betamethasone sodium phosphate 3mg8.1K$37.4K$4.602.71x
26860Fusion of finger joint55$21.5K$390.472.98x
25000Incision to repair tendon covering at wrist84$19.1K$226.863.53x
29125Application of non-moveable, short arm splint (forearm to hand)259$12.6K$48.492.58x
20680Removal of deep bone implant42$11.6K$275.953.77x

Markup Analysis

Charge-to-Payment Ratio

2.8x

This provider submits charges 2.8 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.8x means for every $100 Medicare pays, this provider initially charges $280. This is higher than the national average.

Location

Port Charlotte, FL

Provider Verification

Always verify provider credentials and location before scheduling appointments. This data reflects Medicare payments and may not include all practice locations.

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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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