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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. Bo Zhao
๐ŸŽ—๏ธ
MDI

Bo Zhao, MD

NPI: 1245464742
Williamsburg, VA
10 years of data
Hematology-Oncology
$2.6M
Total Payments
5.1K
Beneficiaries
212.6K
Services
21.92x
Markup Ratio

Peer Comparison

93th
percentile in specialty
This provider$2.6M
Specialty median$339.6K

๐Ÿ“‹ Key Findings

1Billed $2.6M over 10 years
221.92x markup ratio (above median)
3Risk score: 69 โ€” flagged for review
493th percentile in Hematology-Oncology by payments
585 services/day โ€” unusually high
610 procedures with >3x markup

โš ๏ธ Flagged for Review

Risk Score: 69
  • 40x specialty median spending
  • Markup 21.9x (specialty median: 4.0x)
  • 12x specialty median beneficiaries
  • 254x specialty median services
View Deep Dives โ†’Report Fraud โ†’

Statistical flag only โ€” not an accusation of fraud

This provider averages 85 services per working day

Based on 212.6K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $2.6M in total Medicare payments ranks in the 93th percentile of Hematology-Oncology providers nationally.

Their average markup ratio of 21.92x is significantly above the specialty median of 3.5x.

Averaging 85 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 77% from 2014 to 2023.

This provider has been statistically flagged with a risk score of 69/100. Statistical flags are not accusations of fraud.

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$265.23$12.1021.92x$253.13$180.1K14.9K367
2015$265.23$12.1021.92x$253.13$195.5K16.2K398
2016$265.23$12.1021.92x$253.13$210.9K17.4K430
2017$265.23$12.1021.92x$253.13$226.4K18.7K461
2018$265.23$12.1021.92x$253.13$241.8K20.0K493
2019$265.23$12.1021.92x$253.13$257.2K21.3K524
2020$265.23$12.1021.92x$253.13$272.7K22.5K555
2021$265.23$12.1021.92x$253.13$288.1K23.8K587
2022$265.23$12.1021.92x$253.13$303.5K25.1K618
2023$265.23$12.1021.92x$253.13$319.0K26.4K650

Top Procedures (10)

99213Office/outpatient visit, est patient, lowโš  17.6x markup
$878.3K
72.6K services$12.10/svc17.65x markup
99214Office/outpatient visit, est patient, moderateโš  26.1x markup
$439.1K
36.3K services$12.10/svc26.05x markup
99215Office/outpatient visit, est patient, highโš  22.2x markup
$292.8K
24.2K services$12.10/svc22.21x markup
99223Initial hospital care, high complexityโš  22.6x markup
$219.6K
18.1K services$12.10/svc22.56x markup
99232Subsequent hospital care, moderateโš  25.5x markup
$175.7K
14.5K services$12.10/svc25.48x markup
93000Electrocardiogram, completeโš  19.2x markup
$146.4K
12.1K services$12.10/svc19.23x markup
71046Chest X-ray, 2 viewsโš  23.5x markup
$125.5K
10.4K services$12.10/svc23.48x markup
80053Comprehensive metabolic panelโš  25.3x markup
$109.8K
9.1K services$12.10/svc25.32x markup
85025Complete blood count (CBC)โš  20.2x markup
$97.6K
8.1K services$12.10/svc20.17x markup
36415Venipunctureโš  22.0x markup
$87.8K
7.3K services$12.10/svc21.96x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
99213Office/outpatient visit, est patient, low72.6K$878.3K$12.1017.65x
99214Office/outpatient visit, est patient, moderate36.3K$439.1K$12.1026.05x
99215Office/outpatient visit, est patient, high24.2K$292.8K$12.1022.21x
99223Initial hospital care, high complexity18.1K$219.6K$12.1022.56x
99232Subsequent hospital care, moderate14.5K$175.7K$12.1025.48x
93000Electrocardiogram, complete12.1K$146.4K$12.1019.23x
71046Chest X-ray, 2 views10.4K$125.5K$12.1023.48x
80053Comprehensive metabolic panel9.1K$109.8K$12.1025.32x
85025Complete blood count (CBC)8.1K$97.6K$12.1020.17x
36415Venipuncture7.3K$87.8K$12.1021.96x

Markup Analysis

Charge-to-Payment Ratio

21.92x

This provider submits charges 21.92 times higher than what Medicare actually pays.

What This Means

A markup ratio of 21.92x means for every $100 Medicare pays, this provider initially charges $2192. This is higher than the national average.

Location

Williamsburg, VA

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 Hematology-Oncology providers in VA for peer comparison.

Bo Zhao (you)
$2.6M
Thomas Alberico, MDโš ๏ธ
$38.5M
Mark Fleming, MDโš ๏ธ
$37.6M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Thomas Alberico, MDNorfolk, VA$38.5Mโš ๏ธ Flagged
Mark Fleming, MDHampton, VA$37.6Mโš ๏ธ Flagged

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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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