OpenMedicare
Start Here
Explore
Fraud
Investigations
Data
Tools
About

Footer

OpenMedicare

Independent Medicare data journalism

Sister Sites

  • OpenMedicaid
  • OpenFeds
  • OpenSpending

Explore

  • Providers
  • Procedures
  • States
  • Specialties
  • Search

Fraud Analysis

  • Still Out There (AI)
  • Fraud Overview
  • Fraud Watchlist
  • Deep Dive Profiles
  • Impossible Numbers
  • Report Fraud

Investigations

  • The Algorithm Knows
  • How We Built the Model
  • Internal Medicine Crisis
  • Florida & California Fraud
  • Million Dollar Flagged
  • All Investigations

Tools

  • Provider Lookup
  • Compare
  • Cost Calculator
  • Your Medicare Dollar
  • Downloads

About

  • About OpenMedicare
  • Methodology
  • Glossary
  • Data Sources
  • API Docs
  • Updates
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.
Sister Sites: OpenMedicaid ยท OpenFeds ยท OpenSpending

ยฉ 2026 OpenMedicare. Independent data journalism. Built by TheDataProject.ai

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

Nicholas Pefkaros, M.D.

NPI: 1306948344
Titusville, FL
10 years of data
Ophthalmology
$5.4M
Total Payments
29.1K
Beneficiaries
41.1K
Services
2.96x
Markup Ratio

Peer Comparison

96th
percentile in specialty
This provider$5.4M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $5.4M over 10 years
22.96x markup ratio (above median)
396th percentile in Ophthalmology by payments
4Payments surged 87% in 2020
510 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $5.4M in total Medicare payments ranks in the 96th percentile of Ophthalmology providers nationally.

Medicare payments to this provider grew 192% from 2014 to 2023.

AI-generated analysis based on Medicare payment data.

Annual Medicare Payments

Annual Services Provided

Avg Payment per Service

Markup Ratio Over Time

๐Ÿ“ˆ

Notable: Payments increased 87% in 2020

Year-over-year payment surges can indicate changes in practice volume, new services, or billing pattern shifts.

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$492.85$135.213.65x$357.64$297.5K2.5K1.9K
2015$392.59$103.313.80x$289.28$320.9K3.5K2.5K
2016$394.26$108.763.63x$285.50$387.4K4.2K2.9K
2017$364.82$121.303.01x$243.52$469.7K5.2K3.6K
2018$349.56$118.132.96x$231.43$452.8K5.7K4.1K
2019$436.97$158.982.75x$277.99$381.0K4.1K3.1K
2020$406.50$156.602.60x$249.90$713.7K4.4K3.0K
2021$587.26$177.233.31x$410.03$753.8K4.1K2.9K
2022$891.60$208.914.27x$682.69$769.1K3.5K2.4K
2023$1.0K$206.384.90x$804.36$869.9K3.7K2.6K

Top Procedures (20)

65778Insertion of amniotic membrane to eye surface
$1.7M
1.4K services$1.2K/svc2.12x markup
66984Removal of cataract with insertion of lensโš  4.5x markup
$672.0K
1.6K services$422.89/svc4.48x markup
66821Removal of recurring cataract in lens capsule using laserโš  3.5x markup
$448.2K
1.5K services$289.88/svc3.46x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$347.7K
4.3K services$80.78/svc1.85x markup
66982Removal of cataract with insertion of lensโš  3.3x markup
$317.2K
522 services$607.74/svc3.26x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$308.7K
4.9K services$62.51/svc2.02x markup
92134Diagnostic imaging of retinaโš  3.0x markup
$217.4K
7.4K services$29.33/svc3.01x markup
65400Removal of growth of cornea
$183.5K
366 services$501.37/svc2.97x markup
99204New patient office or other outpatient visit, typically 45 minutes
$150.6K
1.4K services$106.97/svc1.97x markup
92136Measurement of corneal curvature and depth of eye
$133.8K
2.5K services$54.38/svc2.21x markup
92025Computerized mapping of corneal curvature
$123.9K
4.6K services$26.74/svc2.99x markup
15823Removal of excessive skin and fat of upper eyelidโš  6.2x markup
$117.0K
201 services$582.21/svc6.18x markup
68326Reconstruction of conjunctiva with graft from outer eye or rearrangementโš  5.0x markup
$95.6K
357 services$267.71/svc5.03x markup
67028Injection of drug into eyeโš  5.8x markup
$71.3K
818 services$87.14/svc5.75x markup
68761Closure of tear duct opening using plug
$67.2K
952 services$70.58/svc2.19x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$66.8K
884 services$75.56/svc1.67x markup
99212Established patient office or other outpatient visit, typically 10 minutes
$57.0K
1.5K services$37.32/svc1.68x markup
67904Repair of tendon of upper eyelidโš  3.4x markup
$35.6K
43 services$828.99/svc3.42x markup
V2632Posterior chamber intraocular lensโš  11.6x markup
$33.7K
329 services$102.35/svc11.56x markup
J0178Injection, aflibercept, 1 mgโš  3.7x markup
$32.5K
46 services$705.65/svc3.68x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
65778Insertion of amniotic membrane to eye surface1.4K$1.7M$1.2K2.12x
66984Removal of cataract with insertion of lens1.6K$672.0K$422.894.48x
66821Removal of recurring cataract in lens capsule using laser1.5K$448.2K$289.883.46x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits4.3K$347.7K$80.781.85x
66982Removal of cataract with insertion of lens522$317.2K$607.743.26x
92012Eye and medical examination for diagnosis and treatment, established patient4.9K$308.7K$62.512.02x
92134Diagnostic imaging of retina7.4K$217.4K$29.333.01x
65400Removal of growth of cornea366$183.5K$501.372.97x
99204New patient office or other outpatient visit, typically 45 minutes1.4K$150.6K$106.971.97x
92136Measurement of corneal curvature and depth of eye2.5K$133.8K$54.382.21x
92025Computerized mapping of corneal curvature4.6K$123.9K$26.742.99x
15823Removal of excessive skin and fat of upper eyelid201$117.0K$582.216.18x
68326Reconstruction of conjunctiva with graft from outer eye or rearrangement357$95.6K$267.715.03x
67028Injection of drug into eye818$71.3K$87.145.75x
68761Closure of tear duct opening using plug952$67.2K$70.582.19x
99214Established patient office or other outpatient, visit typically 25 minutes884$66.8K$75.561.67x
99212Established patient office or other outpatient visit, typically 10 minutes1.5K$57.0K$37.321.68x
67904Repair of tendon of upper eyelid43$35.6K$828.993.42x
V2632Posterior chamber intraocular lens329$33.7K$102.3511.56x
J0178Injection, aflibercept, 1 mg46$32.5K$705.653.68x

Markup Analysis

Charge-to-Payment Ratio

2.96x

This provider submits charges 2.96 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.96x means for every $100 Medicare pays, this provider initially charges $296. This is higher than the national average.

Location

Titusville, FL

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 FL for peer comparison.

Nicholas Pefkaros (you)
$5.4M
Alexander Eaton, MD
$99.5M
Sunil Gupta, M.D.
$86.1M
Hussein Wafapoor, M.D.
$70.9M
John Myers, M.D.
$69.4M
Thomas Baudo, M.D.
$64.2M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Alexander Eaton, MDFort Myers, FL$99.5Mโœ“ Clear
Sunil Gupta, M.D.Pensacola, FL$86.1Mโœ“ Clear
Hussein Wafapoor, M.D.Fort Myers, FL$70.9Mโœ“ Clear
John Myers, M.D.Pensacola, FL$69.4Mโœ“ Clear
Thomas Baudo, M.D.Vero Beach, FL$64.2Mโœ“ Clear

Related

Browse
โ† Back to Provider Directory
State
All providers in FL โ†’
Specialty
All Ophthalmology providers โ†’
Tool
Compare this provider โ†’
Analysis
Fraud Watchlist โ†’
Search
Search all providers โ†’

Share This Provider

Share this provider's Medicare payment information

Share:

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.

Believe this data is inaccurate? Dispute this data