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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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Methodologyโ€ขDownload Data
  1. Home
  2. Providers
  3. Belinda Shirkey
๐Ÿ‘๏ธ
MDIndividual

Belinda Shirkey, M.D.

NPI: 1275574287
Lexington, KY
10 years of data
Ophthalmology
$11.8M
Total Payments
37.3K
Beneficiaries
73.6K
Services
2.1x
Markup Ratio

Peer Comparison

98th
percentile in specialty
This provider$11.8M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $11.8M over 10 years
22.1x markup ratio (above median)
398th percentile in Ophthalmology by payments
43 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $11.8M in total Medicare payments ranks in the 98th percentile of Ophthalmology 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$326.96$247.381.32x$79.58$886.6K10.0K4.8K
2015$702.83$209.373.36x$493.46$955.9K5.7K4.2K
2016$427.24$164.852.59x$262.39$1.2M7.4K3.9K
2017$450.43$176.212.56x$274.22$1.3M7.7K3.8K
2018$247.22$104.812.36x$142.41$1.1M6.9K3.5K
2019$313.21$132.482.36x$180.73$1.1M7.1K3.6K
2020$473.33$196.432.41x$276.90$1.4M7.4K3.9K
2021$530.61$218.722.43x$311.89$1.5M7.8K3.7K
2022$490.29$198.042.48x$292.25$1.3M7.4K3.3K
2023$378.38$157.982.40x$220.40$990.3K6.1K2.5K

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$6.6M
8.9K services$740.30/svc1.69x markup
J2778Injection, ranibizumab, 0.1 mg
$1.6M
6.0K services$265.07/svc1.91x markup
67028Injection of drug into eyeโš  3.4x markup
$1.6M
18.4K services$84.67/svc3.35x markup
92134Diagnostic imaging of retina
$531.2K
18.6K services$28.59/svc2.68x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$301.5K
5.7K services$53.26/svc2.68x markup
99204New patient office or other outpatient visit, typically 45 minutes
$181.6K
1.6K services$113.94/svc2.42x markup
J3590Unclassified biologics
$146.6K
2.9K services$50.72/svc2.98x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$143.0K
1.8K services$77.64/svc2.46x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$137.5K
1.7K services$82.80/svc2.45x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$91.7K
1.6K services$56.13/svc2.40x markup
92235Examination of retinal blood vessels by ophthalmoscope
$85.2K
1.1K services$74.97/svc2.33x markup
67042Removal of membrane from the retina, pars plana approach
$70.6K
78 services$905.26/svc2.71x markup
92250Photography of the retina
$69.9K
1.8K services$39.44/svc2.32x markup
67108Repair of detached retina and drainage of eye fluid between lens and retinaโš  3.3x markup
$67.5K
75 services$899.49/svc3.26x markup
99203New patient office or other outpatient visit, typically 30 minutes
$40.1K
535 services$75.00/svc2.76x markup
67036Removal of eye fluid (vitreous) between the lens and retina
$34.7K
53 services$655.27/svc2.34x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessionsโš  3.4x markup
$24.3K
68 services$357.62/svc3.37x markup
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits
$23.9K
225 services$106.25/svc2.04x markup
67113Repair of detached retina and drainage of eye fluid between lens and retina
$19.5K
14 services$1.4K/svc1.30x markup
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessions
$16.3K
52 services$313.89/svc2.78x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg8.9K$6.6M$740.301.69x
J2778Injection, ranibizumab, 0.1 mg6.0K$1.6M$265.071.91x
67028Injection of drug into eye18.4K$1.6M$84.673.35x
92134Diagnostic imaging of retina18.6K$531.2K$28.592.68x
99213Established patient office or other outpatient visit, typically 15 minutes5.7K$301.5K$53.262.68x
99204New patient office or other outpatient visit, typically 45 minutes1.6K$181.6K$113.942.42x
J3590Unclassified biologics2.9K$146.6K$50.722.98x
99214Established patient office or other outpatient, visit typically 25 minutes1.8K$143.0K$77.642.46x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits1.7K$137.5K$82.802.45x
92012Eye and medical examination for diagnosis and treatment, established patient1.6K$91.7K$56.132.40x
92235Examination of retinal blood vessels by ophthalmoscope1.1K$85.2K$74.972.33x
67042Removal of membrane from the retina, pars plana approach78$70.6K$905.262.71x
92250Photography of the retina1.8K$69.9K$39.442.32x
67108Repair of detached retina and drainage of eye fluid between lens and retina75$67.5K$899.493.26x
99203New patient office or other outpatient visit, typically 30 minutes535$40.1K$75.002.76x
67036Removal of eye fluid (vitreous) between the lens and retina53$34.7K$655.272.34x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions68$24.3K$357.623.37x
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits225$23.9K$106.252.04x
67113Repair of detached retina and drainage of eye fluid between lens and retina14$19.5K$1.4K1.30x
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessions52$16.3K$313.892.78x

Markup Analysis

Charge-to-Payment Ratio

2.1x

This provider submits charges 2.1 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.1x means for every $100 Medicare pays, this provider initially charges $210. This is higher than the national average.

Location

Lexington, KY

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 Ophthalmology providers in KY for peer comparison.

Belinda Shirkey (you)
$11.8M
Inder Singal, MD
$35.2M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Inder Singal, MDLouisville, KY$35.2Mโœ“ 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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