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Data Sources: Centers for Medicare & Medicaid Services (CMS), Medicare Provider Utilization and Payment Data
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Methodology•Download Data
  1. Home
  2. Providers
  3. Noor Merchant
🎗️
MDIndividual

Noor Merchant, M.D.

NPI: 1346227352
Sebastian, FL
10 years of data
Hematology-Oncology
$27.3M
Total Payments
624
Beneficiaries
1.8M
Services
3.17x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$27.3M
Specialty median$339.6K

📋 Key Findings

1Billed $27.3M over 10 years
23.17x markup ratio (above median)
399th percentile in Hematology-Oncology by payments
4711 services/day — physically implausible
5Payments surged 61% in 2016
611 procedures with >3x markup

⚠️ This provider averages 711 services per working day — physically unusual for an individual practitioner

Based on 1.8M total services over 10 years (250 working days/year). Learn about impossible service volumes →

🔎 Data Analysis

This provider's $27.3M in total Medicare payments ranks in the 99th percentile of Hematology-Oncology providers nationally.

Averaging 711 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

📈

Notable: Payments increased 61% in 2016

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 — the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$35.30$17.392.03x$17.91$2.1M122.1K51
2015$47.08$13.273.55x$33.81$1.5M115.6K58
2016$59.21$18.483.20x$40.73$2.5M133.2K73
2017$62.17$19.603.17x$42.57$2.5M130.0K70
2018$56.10$17.313.24x$38.79$3.1M178.8K65
2019$48.59$15.853.07x$32.74$3.4M214.9K66
2020$43.32$14.143.06x$29.18$3.1M219.2K67
2021$50.99$15.383.32x$35.61$3.4M219.0K66
2022$42.35$12.303.44x$30.05$2.7M218.4K61
2023$45.65$13.133.48x$32.52$3.0M226.3K47

Top Procedures (20)

J9271Injection, pembrolizumab, 1 mg⚠ 3.1x markup
$5.2M
127.0K services$41.03/svc3.08x markup
J9299Injection, nivolumab, 1 mg⚠ 3.1x markup
$2.4M
112.4K services$21.63/svc3.12x markup
J0897Injection, denosumab, 1 mg
$1.9M
140.2K services$13.85/svc2.69x markup
J2505Injection, pegfilgrastim, 6 mg
$1.9M
643 services$3.0K/svc2.53x markup
G9678Oncology care model (ocm) monthly enhanced oncology services (meos) payment for ocm enhanced services. g9678 payments may only be made to ocm practitioners for ocm beneficiaries for the furnishment of enhanced services as defined in the ocm participation a
$1.5M
9.5K services$158.18/svc2.53x markup
J9310Injection, rituximab, 100 mg
$1.5M
2.5K services$606.82/svc2.25x markup
99214Established patient office or other outpatient visit, 30-39 minutes⚠ 3.1x markup
$1.1M
13.0K services$86.08/svc3.07x markup
J0885Injection, epoetin alfa, (for non-esrd use), 1000 units
$880.5K
102.9K services$8.56/svc2.64x markup
J9144Injection, daratumumab, 10 mg and hyaluronidase-fihj
$822.7K
22.1K services$37.16/svc2.96x markup
J9305Injection, pemetrexed, not otherwise specified, 10 mg
$801.6K
16.2K services$49.60/svc2.12x markup
96413Administration of chemotherapy into vein, 1 hour or less⚠ 3.5x markup
$777.0K
7.0K services$111.40/svc3.46x markup
J1569Injection, immune globulin, (gammagard liquid), non-lyophilized, (e.g., liquid), 500 mg
$597.3K
17.3K services$34.62/svc3.00x markup
99213Established patient office or other outpatient visit, 20-29 minutes⚠ 3.2x markup
$480.9K
8.1K services$59.72/svc3.24x markup
78815Nuclear medicine study with ct imaging skull base to mid-thigh⚠ 3.5x markup
$439.9K
399 services$1.1K/svc3.55x markup
J9035Injection, bevacizumab, 10 mg⚠ 3.1x markup
$422.3K
6.8K services$62.47/svc3.06x markup
J9395Injection, fulvestrant, 25 mg
$376.4K
6.0K services$62.22/svc2.86x markup
Q0138Injection, ferumoxytol, for treatment of iron deficiency anemia, 1 mg (non-esrd use)⚠ 4.3x markup
$336.3K
498.8K services$0.67/svc4.28x markup
J9312Injection, rituximab, 10 mg⚠ 3.2x markup
$320.2K
4.3K services$74.46/svc3.21x markup
Q5119Injection, rituximab-pvvr, biosimilar, (ruxience), 10 mg⚠ 3.8x markup
$291.9K
6.1K services$47.85/svc3.82x markup
85025Complete blood cell count (red cells, white blood cell, platelets), automated test and automated differential white blood cell count⚠ 3.1x markup
$260.3K
28.9K services$9.01/svc3.06x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J9271Injection, pembrolizumab, 1 mg127.0K$5.2M$41.033.08x
J9299Injection, nivolumab, 1 mg112.4K$2.4M$21.633.12x
J0897Injection, denosumab, 1 mg140.2K$1.9M$13.852.69x
J2505Injection, pegfilgrastim, 6 mg643$1.9M$3.0K2.53x
G9678Oncology care model (ocm) monthly enhanced oncology services (meos) payment for ocm enhanced services. g9678 payments may only be made to ocm practitioners for ocm beneficiaries for the furnishment of enhanced services as defined in the ocm participation a9.5K$1.5M$158.182.53x
J9310Injection, rituximab, 100 mg2.5K$1.5M$606.822.25x
99214Established patient office or other outpatient visit, 30-39 minutes13.0K$1.1M$86.083.07x
J0885Injection, epoetin alfa, (for non-esrd use), 1000 units102.9K$880.5K$8.562.64x
J9144Injection, daratumumab, 10 mg and hyaluronidase-fihj22.1K$822.7K$37.162.96x
J9305Injection, pemetrexed, not otherwise specified, 10 mg16.2K$801.6K$49.602.12x
96413Administration of chemotherapy into vein, 1 hour or less7.0K$777.0K$111.403.46x
J1569Injection, immune globulin, (gammagard liquid), non-lyophilized, (e.g., liquid), 500 mg17.3K$597.3K$34.623.00x
99213Established patient office or other outpatient visit, 20-29 minutes8.1K$480.9K$59.723.24x
78815Nuclear medicine study with ct imaging skull base to mid-thigh399$439.9K$1.1K3.55x
J9035Injection, bevacizumab, 10 mg6.8K$422.3K$62.473.06x
J9395Injection, fulvestrant, 25 mg6.0K$376.4K$62.222.86x
Q0138Injection, ferumoxytol, for treatment of iron deficiency anemia, 1 mg (non-esrd use)498.8K$336.3K$0.674.28x
J9312Injection, rituximab, 10 mg4.3K$320.2K$74.463.21x
Q5119Injection, rituximab-pvvr, biosimilar, (ruxience), 10 mg6.1K$291.9K$47.853.82x
85025Complete blood cell count (red cells, white blood cell, platelets), automated test and automated differential white blood cell count28.9K$260.3K$9.013.06x

Markup Analysis

Charge-to-Payment Ratio

3.17x

This provider submits charges 3.17 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.17x means for every $100 Medicare pays, this provider initially charges $317. This is higher than the national average.

Location

Sebastian, 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 Hematology-Oncology providers in FL for peer comparison.

Noor Merchant (you)
$27.3M
Christopher Lobo, MD⚠️
$60.5M
Maen Hussein, M.D.
$57.6M
Vikas Malhotra, M.D.
$52.8M
Andrew Lipman, M.D.⚠️
$51.1M
Syed Zafar, M.D.⚠️
$48.1M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Christopher Lobo, MDPort Charlotte, FL$60.5M⚠️ Flagged
Maen Hussein, M.D.Tavares, FL$57.6M✓ Clear
Vikas Malhotra, M.D.Spring Hill, FL$52.8M✓ Clear
Andrew Lipman, M.D.Naples, FL$51.1M⚠️ Flagged
Syed Zafar, M.D.Fort Myers, FL$48.1M⚠️ Flagged

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Data Sources

  • • Centers for Medicare & Medicaid Services (CMS)
  • • Medicare Provider Utilization and Payment Data (2014-2023)
  • • 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