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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. Nathaniel Lowen
๐Ÿฆด
MDIndividual

Nathaniel Lowen, M.D.

NPI: 1295921054
Boca Raton, FL
10 years of data
Orthopedic Surgery
$16.5M
Total Payments
77.7K
Beneficiaries
173.1K
Services
5.49x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$16.5M
Specialty median$103.3K

๐Ÿ“‹ Key Findings

1Billed $16.5M over 10 years
25.49x markup ratio (above median)
399th percentile in Orthopedic Surgery by payments
469 services/day โ€” unusually high
515 procedures with >3x markup

This provider averages 69 services per working day

Based on 173.1K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $16.5M in total Medicare payments ranks in the 99th percentile of Orthopedic Surgery providers nationally.

Their average markup ratio of 5.49x is significantly above the specialty median of 4.7x.

Averaging 69 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$2.7K$459.405.98x$2.3K$1.7M23.8K9.9K
2015$2.1K$463.994.46x$1.6K$1.8M20.3K8.5K
2016$2.4K$421.515.59x$1.9K$1.5M19.7K7.9K
2017$2.5K$379.226.49x$2.1K$1.7M19.8K7.9K
2018$2.3K$436.015.30x$1.9K$1.8M21.1K8.9K
2019$3.2K$566.425.68x$2.7K$1.8M15.6K7.6K
2020$3.4K$588.375.74x$2.8K$1.5M14.1K6.5K
2021$3.0K$555.965.38x$2.4K$1.6M15.0K7.3K
2022$3.6K$566.846.37x$3.0K$1.5M9.3K6.1K
2023$1.3K$408.513.29x$937.06$1.4M14.4K7.0K

Top Procedures (20)

22513Injection of bone cement into body of middle spine bone accessed through the skin using imaging guidance
$3.0M
556 services$5.4K/svc2.14x markup
22514Injection of bone cement into body of lower spine bone accessed through the skin using imaging guidance
$2.6M
486 services$5.4K/svc2.18x markup
62323Injection of substance into spinal canal of lower back or sacrum using imaging guidanceโš  9.9x markup
$2.0M
9.7K services$201.73/svc9.91x markup
62311Injections of substances into lower or sacral spineโš  8.7x markup
$782.5K
5.3K services$147.30/svc8.72x markup
99212Established patient office or other outpatient visit, typically 10 minutesโš  5.6x markup
$707.5K
19.6K services$36.08/svc5.60x markup
99204New patient office or other outpatient visit, typically 45 minutesโš  9.5x markup
$666.4K
5.3K services$126.63/svc9.48x markup
64493Injections of lower or sacral spine facet joint using imaging guidanceโš  7.2x markup
$598.0K
3.6K services$164.71/svc7.23x markup
99214Established patient office or other outpatient, visit typically 25 minutesโš  6.5x markup
$596.1K
6.5K services$92.18/svc6.51x markup
99213Established patient office or other outpatient visit, typically 15 minutesโš  5.3x markup
$595.5K
10.0K services$59.49/svc5.29x markup
64490Injections of upper or middle spine facet joint using imaging guidanceโš  7.3x markup
$445.7K
2.7K services$162.14/svc7.29x markup
22515Injection of bone cement into body of middle or lower spine bone accessed through the skin using imaging guidance
$398.5K
135 services$3.0K/svc2.71x markup
72020X-ray of spine, 1 viewโš  5.4x markup
$383.1K
20.6K services$18.56/svc5.39x markup
22524Injection of bone cement into body of lower spine bone, accessed through the skin
$277.2K
49 services$5.7K/svc2.12x markup
22523Injection of bone cement into body of middle spine bone, accessed through the skin
$276.5K
46 services$6.0K/svc2.00x markup
22533Fusion of lower spine bones with removal of disc, lateral approachโš  10.4x markup
$247.5K
171 services$1.4K/svc10.36x markup
72100X-ray of lower and sacral spine, 2 or 3 viewsโš  6.9x markup
$235.3K
8.1K services$29.10/svc6.87x markup
64483Injections of anesthetic and/or steroid drug into lower or sacral spine nerve root using imaging guidanceโš  8.1x markup
$223.2K
1.2K services$189.01/svc8.10x markup
64494Injections of lower or sacral spine facet joint using imaging guidanceโš  7.4x markup
$217.8K
2.6K services$83.01/svc7.43x markup
64491Injections of upper or middle spine facet joint using imaging guidanceโš  7.5x markup
$209.9K
2.6K services$81.44/svc7.47x markup
97110Therapeutic exercise to develop strength, endurance, range of motion, and flexibility, each 15 minutesโš  4.0x markup
$206.8K
11.0K services$18.76/svc4.00x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
22513Injection of bone cement into body of middle spine bone accessed through the skin using imaging guidance556$3.0M$5.4K2.14x
22514Injection of bone cement into body of lower spine bone accessed through the skin using imaging guidance486$2.6M$5.4K2.18x
62323Injection of substance into spinal canal of lower back or sacrum using imaging guidance9.7K$2.0M$201.739.91x
62311Injections of substances into lower or sacral spine5.3K$782.5K$147.308.72x
99212Established patient office or other outpatient visit, typically 10 minutes19.6K$707.5K$36.085.60x
99204New patient office or other outpatient visit, typically 45 minutes5.3K$666.4K$126.639.48x
64493Injections of lower or sacral spine facet joint using imaging guidance3.6K$598.0K$164.717.23x
99214Established patient office or other outpatient, visit typically 25 minutes6.5K$596.1K$92.186.51x
99213Established patient office or other outpatient visit, typically 15 minutes10.0K$595.5K$59.495.29x
64490Injections of upper or middle spine facet joint using imaging guidance2.7K$445.7K$162.147.29x
22515Injection of bone cement into body of middle or lower spine bone accessed through the skin using imaging guidance135$398.5K$3.0K2.71x
72020X-ray of spine, 1 view20.6K$383.1K$18.565.39x
22524Injection of bone cement into body of lower spine bone, accessed through the skin49$277.2K$5.7K2.12x
22523Injection of bone cement into body of middle spine bone, accessed through the skin46$276.5K$6.0K2.00x
22533Fusion of lower spine bones with removal of disc, lateral approach171$247.5K$1.4K10.36x
72100X-ray of lower and sacral spine, 2 or 3 views8.1K$235.3K$29.106.87x
64483Injections of anesthetic and/or steroid drug into lower or sacral spine nerve root using imaging guidance1.2K$223.2K$189.018.10x
64494Injections of lower or sacral spine facet joint using imaging guidance2.6K$217.8K$83.017.43x
64491Injections of upper or middle spine facet joint using imaging guidance2.6K$209.9K$81.447.47x
97110Therapeutic exercise to develop strength, endurance, range of motion, and flexibility, each 15 minutes11.0K$206.8K$18.764.00x

Markup Analysis

Charge-to-Payment Ratio

5.49x

This provider submits charges 5.49 times higher than what Medicare actually pays.

What This Means

A markup ratio of 5.49x means for every $100 Medicare pays, this provider initially charges $549. This is higher than the national average.

Location

Boca Raton, 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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