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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. Richard Bone
๐Ÿฅ
MDIndividual

Richard Bone, M.D.

NPI: 1407887938
Chicago, IL
7 years of data
Gastroenterology
$6.4M
Total Payments
272.6K
Beneficiaries
332.7K
Services
3.26x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$6.4M
Specialty median$87.0K

๐Ÿ“‹ Key Findings

1Billed $6.4M over 7 years
23.26x markup ratio (above median)
399th percentile in Gastroenterology by payments
4190 services/day โ€” unusually high
5Payments surged 9117% in 2021
68 procedures with >3x markup

This provider averages 190 services per working day

Based on 332.7K total services over 7 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $6.4M in total Medicare payments ranks in the 99th percentile of Gastroenterology providers nationally.

Averaging 190 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 70968% from 2015 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 9117% in 2021

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
2015$152.74$40.503.77x$112.24$2.4K5656
2016$126.49$28.314.47x$98.18$8.7K225225
2017$118.13$23.704.98x$94.43$18.0K530527
2018$129.06$21.805.92x$107.26$41.5K1.4K1.4K
2021$73.81$10.047.35x$63.77$3.8M129.4K123.7K
2022$78.69$13.585.79x$65.11$755.7K72.1K58.3K
2023$95.03$20.234.70x$74.80$1.7M129.0K88.5K

Top Procedures (20)

0002AAdm sarscov2 30mcg/0.3ml 2nd
$1.4M
35.5K services$38.05/svc1.97x markup
0001AAdm sarscov2 30mcg/0.3ml 1st
$1.1M
37.1K services$28.29/svc1.80x markup
0012AAdm sarscov2 100mcg/0.5ml2nd
$485.9K
13.5K services$36.07/svc2.08x markup
91322Sarscov2 vac 50 mcg/0.5ml im
$341.2K
2.5K services$139.28/svc1.79x markup
0011AAdm sarscov2 100mcg/0.5ml1st
$341.1K
14.2K services$23.96/svc2.05x markup
36415Insertion of needle into vein for collection of blood sampleโš  4.4x markup
$305.3K
61.7K services$4.95/svc4.44x markup
0004AFee covid-19 vac 1 res
$264.9K
6.4K services$41.51/svc1.81x markup
0124AFee covid-19 vac 13 res
$214.4K
5.3K services$40.29/svc2.01x markup
80053Blood test, comprehensive group of blood chemicalsโš  8.2x markup
$195.8K
20.9K services$9.35/svc8.24x markup
80061Blood test, lipids (cholesterol and triglycerides)โš  8.0x markup
$177.9K
14.8K services$12.02/svc7.99x markup
0003AFee covid-19 vac 1 booster
$139.4K
3.3K services$41.63/svc1.80x markup
84443Blood test, thyroid stimulating hormone (tsh)โš  6.9x markup
$139.1K
8.9K services$15.66/svc6.90x markup
85025Complete blood cell count (red cells, white blood cell, platelets), automated test and automated differential white blood cell countโš  6.9x markup
$136.9K
19.7K services$6.93/svc6.92x markup
0054AAdm sarscv2 30mcg trs-sucr b
$118.4K
3.0K services$40.14/svc1.99x markup
0064AFee covid-19 vac 7 res
$109.1K
2.6K services$41.17/svc1.87x markup
90480Admn sarscov2 vacc 1 dose
$102.5K
2.4K services$41.91/svc2.03x markup
82306Vitamin d-3 levelโš  8.7x markup
$82.9K
3.2K services$25.90/svc8.65x markup
83036Hemoglobin a1c levelโš  8.1x markup
$76.2K
9.1K services$8.42/svc8.08x markup
90662Vaccine for influenza for injection into muscle, split virus, preservation free
$61.8K
918 services$67.37/svc1.29x markup
80048Blood test, basic group of blood chemicals (calcium, total)โš  7.9x markup
$50.3K
6.5K services$7.69/svc7.93x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
0002AAdm sarscov2 30mcg/0.3ml 2nd35.5K$1.4M$38.051.97x
0001AAdm sarscov2 30mcg/0.3ml 1st37.1K$1.1M$28.291.80x
0012AAdm sarscov2 100mcg/0.5ml2nd13.5K$485.9K$36.072.08x
91322Sarscov2 vac 50 mcg/0.5ml im2.5K$341.2K$139.281.79x
0011AAdm sarscov2 100mcg/0.5ml1st14.2K$341.1K$23.962.05x
36415Insertion of needle into vein for collection of blood sample61.7K$305.3K$4.954.44x
0004AFee covid-19 vac 1 res6.4K$264.9K$41.511.81x
0124AFee covid-19 vac 13 res5.3K$214.4K$40.292.01x
80053Blood test, comprehensive group of blood chemicals20.9K$195.8K$9.358.24x
80061Blood test, lipids (cholesterol and triglycerides)14.8K$177.9K$12.027.99x
0003AFee covid-19 vac 1 booster3.3K$139.4K$41.631.80x
84443Blood test, thyroid stimulating hormone (tsh)8.9K$139.1K$15.666.90x
85025Complete blood cell count (red cells, white blood cell, platelets), automated test and automated differential white blood cell count19.7K$136.9K$6.936.92x
0054AAdm sarscv2 30mcg trs-sucr b3.0K$118.4K$40.141.99x
0064AFee covid-19 vac 7 res2.6K$109.1K$41.171.87x
90480Admn sarscov2 vacc 1 dose2.4K$102.5K$41.912.03x
82306Vitamin d-3 level3.2K$82.9K$25.908.65x
83036Hemoglobin a1c level9.1K$76.2K$8.428.08x
90662Vaccine for influenza for injection into muscle, split virus, preservation free918$61.8K$67.371.29x
80048Blood test, basic group of blood chemicals (calcium, total)6.5K$50.3K$7.697.93x

Markup Analysis

Charge-to-Payment Ratio

3.26x

This provider submits charges 3.26 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.26x means for every $100 Medicare pays, this provider initially charges $326. This is higher than the national average.

Location

Chicago, IL

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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