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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. Tanuj Banker
๐Ÿ‘๏ธ
MDIndividual

Tanuj Banker, M.D.

NPI: 1447542410
Sarasota, FL
8 years of data
Ophthalmology
$38.4M
Total Payments
172
Beneficiaries
211.9K
Services
2.73x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$38.4M
Specialty median$383.7K
Rank #126 of 189 in specialty

๐Ÿ“‹ Key Findings

1Billed $38.4M over 8 years
22.73x markup ratio (above median)
399th percentile in Ophthalmology by payments
4106 services/day โ€” unusually high
5Payments surged 53000% in 2017
63 procedures with >3x markup

This provider averages 106 services per working day

Based on 211.9K total services over 8 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $38.4M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 106 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 246773% from 2016 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 53000% in 2017

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
2016$132.34$26.734.95x$105.61$3.1K1173
2017$519.26$197.742.63x$321.52$1.7M8.4K19
2018$541.96$207.872.61x$334.09$4.9M23.6K26
2019$522.99$200.382.61x$322.61$5.2M26.1K25
2020$526.89$201.542.61x$325.35$6.2M31.0K25
2021$542.43$206.042.63x$336.39$6.4M30.9K24
2022$586.10$209.002.80x$377.10$6.2M29.9K24
2023$376.87$124.493.03x$252.38$7.7M62.0K26

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$19.6M
26.7K services$734.05/svc2.60x markup
J2778Injection, ranibizumab, 0.1 mg
$9.1M
37.7K services$242.19/svc2.90x markup
67028Injection of drug into eye
$1.8M
19.5K services$93.64/svc2.71x markup
J2777Injection, faricimab-svoa, 0.1 mg
$932.9K
32.1K services$29.06/svc2.62x markup
92242Exam of retinal blood vessels and blood vessels between the white part of eye and retina using a special camera after injection of a dye
$896.5K
4.8K services$187.08/svc2.55x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$689.2K
7.4K services$92.64/svc2.46x markup
92014Established patient complete exam of visual system
$686.3K
7.5K services$91.53/svc2.77x markup
92235Exam of retinal blood vessels using a special camera after injection of a dye
$632.5K
8.0K services$78.87/svc2.48x markup
92250Photography of the retinaโš  3.4x markup
$530.5K
17.4K services$30.56/svc3.40x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$471.1K
7.5K services$63.01/svc2.77x markup
J3490Unclassified drugsโš  5.7x markup
$468.4K
1.2K services$393.62/svc5.68x markup
92134Imaging of retina
$416.6K
14.4K services$28.96/svc2.90x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$371.2K
5.6K services$66.61/svc2.37x markup
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg
$361.6K
1.7K services$214.20/svc2.54x markup
92273Measurement of retinal and optic nerve function
$229.9K
2.4K services$95.97/svc2.79x markup
92226Examination of eye by ophthalmoscope with retinal drawing
$207.0K
5.4K services$38.04/svc2.55x markup
92287Imaging of front third of eye using a special camera after injection of a dye
$162.5K
1.4K services$114.58/svc2.60x markup
67210Destruction of growth of retina using a laser
$128.0K
313 services$408.92/svc2.63x markup
67145Photocoagulation treatment to prevent detachment of retinaโš  3.2x markup
$123.2K
355 services$347.13/svc3.23x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$119.5K
756 services$158.10/svc2.53x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg26.7K$19.6M$734.052.60x
J2778Injection, ranibizumab, 0.1 mg37.7K$9.1M$242.192.90x
67028Injection of drug into eye19.5K$1.8M$93.642.71x
J2777Injection, faricimab-svoa, 0.1 mg32.1K$932.9K$29.062.62x
92242Exam of retinal blood vessels and blood vessels between the white part of eye and retina using a special camera after injection of a dye4.8K$896.5K$187.082.55x
99214Established patient office or other outpatient visit, 30-39 minutes7.4K$689.2K$92.642.46x
92014Established patient complete exam of visual system7.5K$686.3K$91.532.77x
92235Exam of retinal blood vessels using a special camera after injection of a dye8.0K$632.5K$78.872.48x
92250Photography of the retina17.4K$530.5K$30.563.40x
92012Eye and medical examination for diagnosis and treatment, established patient7.5K$471.1K$63.012.77x
J3490Unclassified drugs1.2K$468.4K$393.625.68x
92134Imaging of retina14.4K$416.6K$28.962.90x
99213Established patient office or other outpatient visit, 20-29 minutes5.6K$371.2K$66.612.37x
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg1.7K$361.6K$214.202.54x
92273Measurement of retinal and optic nerve function2.4K$229.9K$95.972.79x
92226Examination of eye by ophthalmoscope with retinal drawing5.4K$207.0K$38.042.55x
92287Imaging of front third of eye using a special camera after injection of a dye1.4K$162.5K$114.582.60x
67210Destruction of growth of retina using a laser313$128.0K$408.922.63x
67145Photocoagulation treatment to prevent detachment of retina355$123.2K$347.133.23x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg756$119.5K$158.102.53x

Markup Analysis

Charge-to-Payment Ratio

2.73x

This provider submits charges 2.73 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.73x means for every $100 Medicare pays, this provider initially charges $273. This is higher than the national average.

Location

Sarasota, 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 Ophthalmology providers in FL for peer comparison.

Tanuj Banker (you)
$38.4M
Alexander Eaton, MD
$99.5M
Sunil Gupta, M.D.
$86.1M
Hussein Wafapoor, M.D.
$70.9M
John Myers, M.D.
$69.4M
Thomas Baudo, M.D.
$64.2M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Alexander Eaton, MDFort Myers, FL$99.5Mโœ“ Clear
Sunil Gupta, M.D.Pensacola, FL$86.1Mโœ“ Clear
Hussein Wafapoor, M.D.Fort Myers, FL$70.9Mโœ“ Clear
John Myers, M.D.Pensacola, FL$69.4Mโœ“ Clear
Thomas Baudo, M.D.Vero Beach, FL$64.2Mโœ“ Clear

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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