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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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Methodology•Download Data
  1. Home
  2. Providers
  3. Rafael Valencia
❤️
MDIndividual

Rafael Valencia, M.D.

NPI: 1366494247
Las Vegas, NV
10 years of data
Interventional Cardiology
$11.1M
Total Payments
62.3K
Beneficiaries
79.3K
Services
4.45x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$11.1M
Specialty median$201.5K

📋 Key Findings

1Billed $11.1M over 10 years
24.45x markup ratio (above median)
399th percentile in Interventional Cardiology by payments
4Payments surged 66% in 2023
513 procedures with >3x markup
✓ No flags detected

🔎 Data Analysis

This provider's $11.1M in total Medicare payments ranks in the 99th percentile of Interventional Cardiology providers nationally.

Medicare payments to this provider grew 96% 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

📈

Notable: Payments increased 66% in 2023

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$690.99$151.234.57x$539.76$914.4K7.7K6.2K
2015$756.53$140.195.40x$616.34$917.3K7.5K6.1K
2016$816.52$157.435.19x$659.09$1.1M9.6K7.4K
2017$795.50$151.865.24x$643.64$1.0M8.2K6.5K
2018$722.53$150.404.80x$572.13$1.0M7.9K6.2K
2019$784.31$151.515.18x$632.80$978.1K7.7K5.9K
2020$827.39$183.444.51x$643.95$1.2M7.5K5.8K
2021$801.19$173.544.62x$627.65$1.0M6.8K5.6K
2022$989.98$206.794.79x$783.19$1.1M7.4K5.6K
2023$899.83$182.824.92x$717.01$1.8M8.9K6.9K

Top Procedures (20)

78492Nuclear medicine study heart muscle at rest and/or stress multiple studies⚠ 4.6x markup
$3.6M
3.1K services$1.1K/svc4.61x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$895.0K
10.7K services$83.85/svc2.62x markup
93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function⚠ 6.6x markup
$843.4K
6.5K services$128.77/svc6.63x markup
A9526Nitrogen n-13 ammonia, diagnostic, per study dose, up to 40 millicuries⚠ 3.1x markup
$714.7K
2.6K services$272.87/svc3.10x markup
78431Nuclear medicine studies of blood flow in heart muscle at rest and with stress with concurrent ct scan⚠ 4.5x markup
$475.1K
328 services$1.4K/svc4.49x markup
93229Heart rhythm tracing, computer analysis, physician prescribed transmission of patient-triggered events greater than 24-hour EKG up to 30 days⚠ 7.6x markup
$460.4K
775 services$594.08/svc7.57x markup
A9555Rubidium rb-82, diagnostic, per study dose, up to 60 millicuries
$348.8K
859 services$406.10/svc1.96x markup
78452Nuclear medicine study of vessels of heart using drugs or exercise multiple studies⚠ 3.6x markup
$329.9K
913 services$361.30/svc3.56x markup
93015Exercise or drug-induced heart and blood vessel stress test with EKG monitoring, physician supervision, interpretation, and report⚠ 5.3x markup
$247.6K
4.4K services$56.23/svc5.34x markup
99232Subsequent hospital inpatient care, typically 25 minutes per day⚠ 4.8x markup
$228.3K
3.9K services$58.11/svc4.80x markup
99490Chronic care management services at least 20 minutes per calendar month
$209.8K
5.8K services$36.48/svc2.88x markup
92928Catheter insertion of stents in major coronary artery or branch, accessed through the skin⚠ 5.5x markup
$197.4K
439 services$449.63/svc5.47x markup
93925Ultrasound study of arteries and arterial grafts of both legs
$195.0K
1.0K services$194.46/svc2.37x markup
J2785Injection, regadenoson, 0.1 mg
$164.8K
3.8K services$43.58/svc2.07x markup
93880Ultrasound scanning of blood flow (outside the brain) on both sides of head and neck⚠ 3.2x markup
$154.8K
1.1K services$143.08/svc3.22x markup
93458Insertion of catheter in left heart for imaging of blood vessels or grafts and left lower heart⚠ 7.4x markup
$146.5K
823 services$178.06/svc7.37x markup
75574CT scan of heart blood vessels and grafts with contrast dye⚠ 6.1x markup
$141.0K
549 services$256.88/svc6.11x markup
99204New patient office or other outpatient visit, typically 45 minutes
$129.3K
1.1K services$121.64/svc2.80x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$121.1K
1.9K services$64.16/svc2.96x markup
78434Nuclear medicine absolute quantification of blood flow in heart muscle⚠ 4.0x markup
$108.5K
1.0K services$106.92/svc3.97x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
78492Nuclear medicine study heart muscle at rest and/or stress multiple studies3.1K$3.6M$1.1K4.61x
99214Established patient office or other outpatient, visit typically 25 minutes10.7K$895.0K$83.852.62x
93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function6.5K$843.4K$128.776.63x
A9526Nitrogen n-13 ammonia, diagnostic, per study dose, up to 40 millicuries2.6K$714.7K$272.873.10x
78431Nuclear medicine studies of blood flow in heart muscle at rest and with stress with concurrent ct scan328$475.1K$1.4K4.49x
93229Heart rhythm tracing, computer analysis, physician prescribed transmission of patient-triggered events greater than 24-hour EKG up to 30 days775$460.4K$594.087.57x
A9555Rubidium rb-82, diagnostic, per study dose, up to 60 millicuries859$348.8K$406.101.96x
78452Nuclear medicine study of vessels of heart using drugs or exercise multiple studies913$329.9K$361.303.56x
93015Exercise or drug-induced heart and blood vessel stress test with EKG monitoring, physician supervision, interpretation, and report4.4K$247.6K$56.235.34x
99232Subsequent hospital inpatient care, typically 25 minutes per day3.9K$228.3K$58.114.80x
99490Chronic care management services at least 20 minutes per calendar month5.8K$209.8K$36.482.88x
92928Catheter insertion of stents in major coronary artery or branch, accessed through the skin439$197.4K$449.635.47x
93925Ultrasound study of arteries and arterial grafts of both legs1.0K$195.0K$194.462.37x
J2785Injection, regadenoson, 0.1 mg3.8K$164.8K$43.582.07x
93880Ultrasound scanning of blood flow (outside the brain) on both sides of head and neck1.1K$154.8K$143.083.22x
93458Insertion of catheter in left heart for imaging of blood vessels or grafts and left lower heart823$146.5K$178.067.37x
75574CT scan of heart blood vessels and grafts with contrast dye549$141.0K$256.886.11x
99204New patient office or other outpatient visit, typically 45 minutes1.1K$129.3K$121.642.80x
99213Established patient office or other outpatient visit, typically 15 minutes1.9K$121.1K$64.162.96x
78434Nuclear medicine absolute quantification of blood flow in heart muscle1.0K$108.5K$106.923.97x

Markup Analysis

Charge-to-Payment Ratio

4.45x

This provider submits charges 4.45 times higher than what Medicare actually pays.

What This Means

A markup ratio of 4.45x means for every $100 Medicare pays, this provider initially charges $445. This is higher than the national average.

Location

Las Vegas, NV

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

  • • 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.

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