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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. Advance Lab Company
🔬
Organization

Advance Lab Company

NPI: 1427706852
Chicago, IL
2 years of data
Clinical Laboratory
$15.4M
Total Payments
7
Beneficiaries
1.6M
Services
1.41x
Markup Ratio

Peer Comparison

94th
percentile in specialty
This provider$15.4M
Specialty median$1.9M

📋 Key Findings

1Billed $15.4M over 2 years
294th percentile in Clinical Laboratory by payments
3Payments surged 1779% in 2023
45 procedures with >3x markup
✓ No flags detected

🔎 Data Analysis

This provider's $15.4M in total Medicare payments ranks in the 94th percentile of Clinical Laboratory providers nationally.

Medicare payments to this provider grew 1779% from 2022 to 2023.

95% of their billing comes from a single procedure code (K1034 — Provision of covid-19 test, nonprescription self-administered and self-collected use, fda approved, authorized or cleared, one test count).

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 1779% 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
2022$11.28$2.764.09x$8.52$777.2K281.8K6
2023$14.06$11.051.27x$3.01$14.6M1.3M1

Top Procedures (8)

K1034Provision of covid-19 test, nonprescription self-administered and self-collected use, fda approved, authorized or cleared, one test count
$14.6M
1.3M services$11.05/svc1.27x markup
P9603Travel allowance one way in connection with medically necessary laboratory specimen collection drawn from home bound or nursing home bound patient; prorated miles actually travelled⚠ 4.8x markup
$277.1K
268.9K services$1.03/svc4.85x markup
U00042019-ncov coronavirus, sars-cov-2/2019-ncov (covid-19), any technique, multiple types or subtypes (includes all targets), non-cdc, making use of high throughput technologies as described by cms-2020-01-r⚠ 4.0x markup
$235.2K
3.2K services$74.32/svc4.04x markup
87426Detection test by immunoassay technique for severe acute respiratory syndrome coronavirus⚠ 4.3x markup
$110.8K
3.2K services$35.01/svc4.28x markup
U0005Infectious agent detection by nucleic acid (dna or rna); severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), amplified probe technique, cdc or non-cdc, making use of high throughput technologies, completed within⚠ 3.0x markup
$78.0K
3.1K services$24.77/svc3.03x markup
G2023Specimen collection for severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), any specimen source
$73.2K
3.1K services$23.25/svc2.15x markup
P9604Travel allowance one way in connection with medically necessary laboratory specimen collection drawn from home bound or nursing home bound patient; prorated trip charge⚠ 5.5x markup
$2.6K
248 services$10.31/svc5.47x markup
G2024Specimen collection for severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]) from an individual in a snf or by a laboratory on behalf of a hha, any specimen source
$278.31
11 services$25.30/svc1.98x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
K1034Provision of covid-19 test, nonprescription self-administered and self-collected use, fda approved, authorized or cleared, one test count1.3M$14.6M$11.051.27x
P9603Travel allowance one way in connection with medically necessary laboratory specimen collection drawn from home bound or nursing home bound patient; prorated miles actually travelled268.9K$277.1K$1.034.85x
U00042019-ncov coronavirus, sars-cov-2/2019-ncov (covid-19), any technique, multiple types or subtypes (includes all targets), non-cdc, making use of high throughput technologies as described by cms-2020-01-r3.2K$235.2K$74.324.04x
87426Detection test by immunoassay technique for severe acute respiratory syndrome coronavirus3.2K$110.8K$35.014.28x
U0005Infectious agent detection by nucleic acid (dna or rna); severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), amplified probe technique, cdc or non-cdc, making use of high throughput technologies, completed within3.1K$78.0K$24.773.03x
G2023Specimen collection for severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), any specimen source3.1K$73.2K$23.252.15x
P9604Travel allowance one way in connection with medically necessary laboratory specimen collection drawn from home bound or nursing home bound patient; prorated trip charge248$2.6K$10.315.47x
G2024Specimen collection for severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]) from an individual in a snf or by a laboratory on behalf of a hha, any specimen source11$278.31$25.301.98x

Markup Analysis

Charge-to-Payment Ratio

1.41x

This provider submits charges 1.41 times higher than what Medicare actually pays.

What This Means

A markup ratio of 1.41x means for every $100 Medicare pays, this provider initially charges $141. This is lower 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.

Similar Providers

Other Clinical Laboratory providers in IL for peer comparison.

Advance Lab Company (you)
$15.4M
Quest Diagnostics Llc Il⚠️
$446.2M
Tempus Ai, Inc.⚠️
$213.4M
Chicago Clinical Laboratories, Ltd⚠️
$66.5M
Lifescan Labs Of Illinois, Llc
$61.6M
Chicago Care Lab Services Llc⚠️
$56.7M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Quest Diagnostics Llc IlWood Dale, IL$446.2M⚠️ Flagged
Tempus Ai, Inc.Chicago, IL$213.4M⚠️ Flagged
Chicago Clinical Laboratories, LtdNorthbrook, IL$66.5M⚠️ Flagged
Lifescan Labs Of Illinois, LlcSkokie, IL$61.6M✓ Clear
Chicago Care Lab Services LlcChicago, IL$56.7M⚠️ 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.

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