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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. Minal Shah
๐ŸŽ—๏ธ
MDIndividual

Minal Shah, M.D.

NPI: 1265683171
California, MD
10 years of data
Hematology-Oncology
$7.2M
Total Payments
42.2K
Beneficiaries
153.8K
Services
2.99x
Markup Ratio

Peer Comparison

98th
percentile in specialty
This provider$7.2M
Specialty median$339.6K

๐Ÿ“‹ Key Findings

1Billed $7.2M over 10 years
22.99x markup ratio (above median)
398th percentile in Hematology-Oncology by payments
462 services/day โ€” unusually high
516 procedures with >3x markup

This provider averages 62 services per working day

Based on 153.8K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $7.2M in total Medicare payments ranks in the 98th percentile of Hematology-Oncology providers nationally.

Averaging 62 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$244.03$102.582.38x$141.45$499.4K11.9K3.0K
2015$267.26$99.422.69x$167.84$697.5K13.3K3.6K
2016$294.63$109.792.68x$184.84$750.2K13.1K3.8K
2017$266.95$100.052.67x$166.90$788.4K13.4K4.0K
2018$255.64$102.412.50x$153.23$939.5K15.2K4.3K
2019$268.30$106.462.52x$161.84$766.0K13.7K4.4K
2020$276.54$101.982.71x$174.56$734.9K14.4K4.1K
2021$249.57$73.233.41x$176.34$849.1K18.3K4.9K
2022$124.33$35.543.50x$88.79$572.3K20.1K5.3K
2023$121.45$33.333.64x$88.12$580.2K20.5K5.0K

Top Procedures (20)

J2505Injection, pegfilgrastim, 6 mg
$2.8M
950 services$3.0K/svc2.31x markup
99214Established patient office or other outpatient, visit typically 25 minutesโš  3.3x markup
$1.2M
14.4K services$83.86/svc3.31x markup
96413Infusion of chemotherapy into a vein up to 1 hourโš  3.3x markup
$583.1K
5.3K services$111.06/svc3.31x markup
99215Established patient office or other outpatient, visit typically 40 minutes
$387.0K
2.9K services$133.21/svc2.82x markup
99223Initial hospital inpatient care, typically 70 minutes per dayโš  3.1x markup
$257.8K
1.6K services$159.54/svc3.08x markup
99204New patient office or other outpatient visit, typically 45 minutesโš  3.4x markup
$199.9K
1.6K services$126.60/svc3.39x markup
85025Complete blood cell count (red cells, white blood cell, platelets), automated test
$193.5K
22.3K services$8.68/svc2.99x markup
99233Subsequent hospital inpatient care, typically 35 minutes per day
$171.6K
2.1K services$83.02/svc2.95x markup
96417Infusion of different chemotherapy drug or substance into a vein up to 1 hourโš  3.1x markup
$119.3K
2.2K services$54.22/svc3.14x markup
96365Infusion into a vein for therapy, prevention, or diagnosis up to 1 hourโš  3.3x markup
$117.6K
2.1K services$54.77/svc3.28x markup
96401Non-hormonal anti-neoplastic chemotherapy beneath the skin or into muscleโš  3.3x markup
$91.2K
1.4K services$62.93/svc3.26x markup
96372Injection beneath the skin or into muscle for therapy, diagnosis, or preventionโš  4.3x markup
$90.9K
5.9K services$15.51/svc4.26x markup
80053Blood test, comprehensive group of blood chemicalsโš  4.1x markup
$90.7K
8.4K services$10.74/svc4.09x markup
36415Insertion of needle into vein for collection of blood sampleโš  6.8x markup
$90.3K
25.1K services$3.59/svc6.78x markup
96375Injection of different drug or substance into a vein for therapy, diagnosis, or preventionโš  3.9x markup
$64.0K
4.2K services$15.12/svc3.91x markup
96416Prolonged chemotherapy infusion into a vein by portable or implanted pump more than 8 hoursโš  3.4x markup
$62.8K
550 services$114.09/svc3.37x markup
99222Initial hospital inpatient care, typically 50 minutes per dayโš  3.3x markup
$53.5K
487 services$109.80/svc3.25x markup
99205New patient office or other outpatient visit, typically 60 minutesโš  3.2x markup
$53.3K
320 services$166.67/svc3.18x markup
J2506Injection, pegfilgrastim, excludes biosimilar, 0.5 mgโš  4.8x markup
$49.2K
483 services$101.81/svc4.82x markup
83735Magnesium levelโš  3.2x markup
$41.9K
5.5K services$7.57/svc3.24x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J2505Injection, pegfilgrastim, 6 mg950$2.8M$3.0K2.31x
99214Established patient office or other outpatient, visit typically 25 minutes14.4K$1.2M$83.863.31x
96413Infusion of chemotherapy into a vein up to 1 hour5.3K$583.1K$111.063.31x
99215Established patient office or other outpatient, visit typically 40 minutes2.9K$387.0K$133.212.82x
99223Initial hospital inpatient care, typically 70 minutes per day1.6K$257.8K$159.543.08x
99204New patient office or other outpatient visit, typically 45 minutes1.6K$199.9K$126.603.39x
85025Complete blood cell count (red cells, white blood cell, platelets), automated test22.3K$193.5K$8.682.99x
99233Subsequent hospital inpatient care, typically 35 minutes per day2.1K$171.6K$83.022.95x
96417Infusion of different chemotherapy drug or substance into a vein up to 1 hour2.2K$119.3K$54.223.14x
96365Infusion into a vein for therapy, prevention, or diagnosis up to 1 hour2.1K$117.6K$54.773.28x
96401Non-hormonal anti-neoplastic chemotherapy beneath the skin or into muscle1.4K$91.2K$62.933.26x
96372Injection beneath the skin or into muscle for therapy, diagnosis, or prevention5.9K$90.9K$15.514.26x
80053Blood test, comprehensive group of blood chemicals8.4K$90.7K$10.744.09x
36415Insertion of needle into vein for collection of blood sample25.1K$90.3K$3.596.78x
96375Injection of different drug or substance into a vein for therapy, diagnosis, or prevention4.2K$64.0K$15.123.91x
96416Prolonged chemotherapy infusion into a vein by portable or implanted pump more than 8 hours550$62.8K$114.093.37x
99222Initial hospital inpatient care, typically 50 minutes per day487$53.5K$109.803.25x
99205New patient office or other outpatient visit, typically 60 minutes320$53.3K$166.673.18x
J2506Injection, pegfilgrastim, excludes biosimilar, 0.5 mg483$49.2K$101.814.82x
83735Magnesium level5.5K$41.9K$7.573.24x

Markup Analysis

Charge-to-Payment Ratio

2.99x

This provider submits charges 2.99 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.99x means for every $100 Medicare pays, this provider initially charges $299. This is higher than the national average.

Location

California, MD

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 MD for peer comparison.

Minal Shah (you)
$7.2M
David Smith, MD
$48.3M
Frederick Smith, M.D.
$33.7M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
David Smith, MDEaston, MD$48.3Mโœ“ Clear
Frederick Smith, M.D.Chevy Chase, MD$33.7Mโœ“ 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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