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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.
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. Neel Shah
๐ŸŽ—๏ธ
MDIndividual

Neel Shah, M.D.

NPI: 1356508915
Dyer, IN
10 years of data
Hematology-Oncology
$18.0M
Total Payments
407
Beneficiaries
1.3M
Services
3.85x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$18.0M
Specialty median$339.6K

๐Ÿ“‹ Key Findings

1Billed $18.0M over 10 years
23.85x markup ratio (above median)
3Risk score: 66 โ€” flagged for review
499th percentile in Hematology-Oncology by payments
5539 services/day โ€” physically implausible
6Payments surged 276% in 2015

โš ๏ธ Flagged for Review

Risk Score: 66
  • 50x specialty median spending
  • Markup 12.3x (specialty median: 4.0x)
  • 24x specialty median beneficiaries
  • 225x specialty median services
View Deep Dives โ†’Report Fraud โ†’

Statistical flag only โ€” not an accusation of fraud

โš ๏ธ This provider averages 539 services per working day โ€” physically unusual for an individual practitioner

Based on 1.3M total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $18.0M in total Medicare payments ranks in the 99th percentile of Hematology-Oncology providers nationally.

Averaging 539 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 499% from 2014 to 2023.

This provider has been statistically flagged with a risk score of 66/100. Statistical flags are not accusations of fraud.

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 276% in 2015

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$50.16$16.403.06x$33.76$536.1K32.7K32
2015$60.51$20.123.01x$40.39$2.0M100.2K42
2016$48.31$17.032.84x$31.28$860.2K50.5K33
2017$35.69$10.863.29x$24.83$862.9K79.5K34
2018$43.39$12.953.35x$30.44$1.4M107.0K39
2019$28.87$8.483.40x$20.39$1.3M155.5K46
2020$33.91$9.503.57x$24.41$1.5M157.5K42
2021$51.40$11.894.32x$39.51$3.0M253.7K44
2022$69.14$14.934.63x$54.21$3.3M222.1K50
2023$71.89$17.074.21x$54.82$3.2M188.2K45

Top Procedures (20)

J9271Injection, pembrolizumab, 1 mgโš  3.3x markup
$4.8M
115.0K services$42.04/svc3.32x markup
J0897Injection, denosumab, 1 mgโš  3.3x markup
$2.2M
143.9K services$15.05/svc3.31x markup
J9299Injection, nivolumab, 1 mgโš  3.9x markup
$1.3M
66.2K services$18.97/svc3.89x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$1.1M
13.4K services$82.25/svc2.57x markup
J2505Injection, pegfilgrastim, 6 mg
$971.3K
315 services$3.1K/svc2.93x markup
96413Administration of chemotherapy into vein, 1 hour or lessโš  4.7x markup
$642.2K
6.5K services$98.23/svc4.69x markup
J9119Injection, cemiplimab-rwlc, 1 mgโš  3.5x markup
$549.0K
25.9K services$21.20/svc3.52x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$501.6K
9.2K services$54.59/svc2.77x markup
99233Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes
$453.2K
5.8K services$78.72/svc2.72x markup
J9310Injection, rituximab, 100 mg
$404.7K
713 services$567.59/svc2.36x markup
J9035Injection, bevacizumab, 10 mg
$358.7K
6.7K services$53.94/svc2.37x markup
Q5107Injection, bevacizumab-awwb, biosimilar, (mvasi), 10 mgโš  6.0x markup
$290.6K
9.3K services$31.24/svc5.97x markup
99223Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes
$260.9K
1.8K services$148.42/svc2.73x markup
99215Established patient office or other outpatient visit, 40-54 minutes
$254.4K
2.2K services$116.68/svc2.49x markup
Q0138Injection, ferumoxytol, for treatment of iron deficiency anemia, 1 mg (non-esrd use)โš  5.5x markup
$252.6K
343.7K services$0.73/svc5.54x markup
Q5120Injection, pegfilgrastim-bmez, biosimilar, (ziextenzo), 0.5 mgโš  4.6x markup
$242.3K
1.3K services$192.28/svc4.59x markup
Q5111Injection, pegfilgrastim-cbqv, biosimilar, (udenyca), 0.5 mgโš  3.2x markup
$216.6K
780 services$277.66/svc3.23x markup
85025Complete blood cell count (red cells, white blood cell, platelets), automated test and automated differential white blood cell countโš  3.9x markup
$166.9K
18.7K services$8.92/svc3.91x markup
J9355Injection, trastuzumab, 10 mg
$146.2K
2.2K services$67.17/svc2.38x markup
J0885Injection, epoetin alfa, (for non-esrd use), 1000 unitsโš  4.2x markup
$145.1K
15.1K services$9.58/svc4.21x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J9271Injection, pembrolizumab, 1 mg115.0K$4.8M$42.043.32x
J0897Injection, denosumab, 1 mg143.9K$2.2M$15.053.31x
J9299Injection, nivolumab, 1 mg66.2K$1.3M$18.973.89x
99214Established patient office or other outpatient visit, 30-39 minutes13.4K$1.1M$82.252.57x
J2505Injection, pegfilgrastim, 6 mg315$971.3K$3.1K2.93x
96413Administration of chemotherapy into vein, 1 hour or less6.5K$642.2K$98.234.69x
J9119Injection, cemiplimab-rwlc, 1 mg25.9K$549.0K$21.203.52x
99213Established patient office or other outpatient visit, 20-29 minutes9.2K$501.6K$54.592.77x
99233Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes5.8K$453.2K$78.722.72x
J9310Injection, rituximab, 100 mg713$404.7K$567.592.36x
J9035Injection, bevacizumab, 10 mg6.7K$358.7K$53.942.37x
Q5107Injection, bevacizumab-awwb, biosimilar, (mvasi), 10 mg9.3K$290.6K$31.245.97x
99223Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes1.8K$260.9K$148.422.73x
99215Established patient office or other outpatient visit, 40-54 minutes2.2K$254.4K$116.682.49x
Q0138Injection, ferumoxytol, for treatment of iron deficiency anemia, 1 mg (non-esrd use)343.7K$252.6K$0.735.54x
Q5120Injection, pegfilgrastim-bmez, biosimilar, (ziextenzo), 0.5 mg1.3K$242.3K$192.284.59x
Q5111Injection, pegfilgrastim-cbqv, biosimilar, (udenyca), 0.5 mg780$216.6K$277.663.23x
85025Complete blood cell count (red cells, white blood cell, platelets), automated test and automated differential white blood cell count18.7K$166.9K$8.923.91x
J9355Injection, trastuzumab, 10 mg2.2K$146.2K$67.172.38x
J0885Injection, epoetin alfa, (for non-esrd use), 1000 units15.1K$145.1K$9.584.21x

Markup Analysis

Charge-to-Payment Ratio

3.85x

This provider submits charges 3.85 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.85x means for every $100 Medicare pays, this provider initially charges $385. This is higher than the national average.

Location

Dyer, IN

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 IN for peer comparison.

Neel Shah (you)
$18.0M
Mohamad Kassar, M.D.โš ๏ธ
$40.6M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Mohamad Kassar, M.D.Dyer, IN$40.6Mโš ๏ธ Flagged

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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.

Believe this data is inaccurate? Dispute this data