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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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Methodologyโ€ขDownload Data
  1. Home
  2. Providers
  3. Matthew Wood
๐Ÿ‘๏ธ
MDIndividual

Matthew Wood, M.D.

NPI: 1457359085
Lincoln, NE
10 years of data
Ophthalmology
$32.9M
Total Payments
199
Beneficiaries
232.8K
Services
2.01x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$32.9M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $32.9M over 10 years
22.01x markup ratio (above median)
399th percentile in Ophthalmology by payments
493 services/day โ€” unusually high
510 procedures with >3x markup

This provider averages 93 services per working day

Based on 232.8K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $32.9M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 93 services per working day raises questions about billing patterns.

66% of their billing comes from a single procedure code (J0178 โ€” Injection, aflibercept, 1 mg).

AI-generated analysis based on Medicare payment data.

Annual Medicare Payments

Annual Services Provided

Avg Payment per Service

Markup Ratio Over Time

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$435.59$243.741.79x$191.85$3.5M14.4K17
2015$492.37$243.062.03x$249.31$3.3M13.7K18
2016$453.79$231.211.96x$222.58$3.4M14.6K20
2017$449.22$233.921.92x$215.30$3.6M15.5K21
2018$436.32$213.472.04x$222.85$3.1M14.4K20
2019$430.08$209.092.06x$220.99$2.8M13.4K20
2020$419.96$181.342.32x$238.62$2.7M15.1K22
2021$418.30$209.012.00x$209.29$3.1M14.9K20
2022$228.26$112.682.03x$115.58$3.4M30.1K19
2023$91.40$45.352.02x$46.05$3.9M86.7K22

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$21.6M
28.8K services$750.18/svc1.38x markup
J2777Injection, faricimab-svoa, 0.1 mg
$2.6M
90.3K services$29.14/svc1.43x markup
67028Injection of drug into eyeโš  6.0x markup
$2.2M
28.8K services$75.74/svc5.96x markup
92014Established patient complete exam of visual system
$2.1M
25.0K services$84.98/svc2.49x markup
J3590Unclassified biologics
$1.3M
11.1K services$114.49/svc2.66x markup
92134Imaging of retinaโš  3.8x markup
$866.1K
29.4K services$29.48/svc3.76x markup
99214Established patient office or other outpatient visit, 30-39 minutesโš  3.0x markup
$503.7K
5.8K services$86.84/svc3.05x markup
92235Exam of retinal blood vessels using a special camera after injection of a dyeโš  3.1x markup
$313.0K
3.3K services$93.49/svc3.10x markup
99204New patient office or other outpatient visit, 45-59 minutes
$202.6K
1.9K services$106.98/svc2.79x markup
67041Removal of membrane of retina
$160.0K
187 services$855.57/svc2.48x markup
92250Photography of the retinaโš  3.9x markup
$123.5K
3.5K services$35.75/svc3.93x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retinaโš  3.1x markup
$107.9K
128 services$842.96/svc3.06x markup
J2778Injection, ranibizumab, 0.1 mg
$107.2K
346 services$309.96/svc1.40x markup
67210Destruction of growth of retina using a laserโš  4.6x markup
$107.1K
282 services$379.67/svc4.63x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retinaโš  4.7x markup
$88.0K
96 services$916.33/svc4.65x markup
J3490Unclassified drugs
$86.9K
50 services$1.7K/svc1.28x markup
66821Removal of recurring cataract in lens capsule using a laser
$81.6K
365 services$223.59/svc2.96x markup
67228Destruction of leaking blood vessels of retina using laserโš  8.2x markup
$50.5K
173 services$291.66/svc8.23x markup
J0179Injection, brolucizumab-dbll, 1 mgโš  9.5x markup
$43.2K
216 services$200.06/svc9.50x markup
99215Established patient office or other outpatient visit, 40-54 minutes
$30.5K
280 services$108.84/svc2.52x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg28.8K$21.6M$750.181.38x
J2777Injection, faricimab-svoa, 0.1 mg90.3K$2.6M$29.141.43x
67028Injection of drug into eye28.8K$2.2M$75.745.96x
92014Established patient complete exam of visual system25.0K$2.1M$84.982.49x
J3590Unclassified biologics11.1K$1.3M$114.492.66x
92134Imaging of retina29.4K$866.1K$29.483.76x
99214Established patient office or other outpatient visit, 30-39 minutes5.8K$503.7K$86.843.05x
92235Exam of retinal blood vessels using a special camera after injection of a dye3.3K$313.0K$93.493.10x
99204New patient office or other outpatient visit, 45-59 minutes1.9K$202.6K$106.982.79x
67041Removal of membrane of retina187$160.0K$855.572.48x
92250Photography of the retina3.5K$123.5K$35.753.93x
67042Removal of membrane of retina with removal of internal limiting membrane of retina128$107.9K$842.963.06x
J2778Injection, ranibizumab, 0.1 mg346$107.2K$309.961.40x
67210Destruction of growth of retina using a laser282$107.1K$379.674.63x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina96$88.0K$916.334.65x
J3490Unclassified drugs50$86.9K$1.7K1.28x
66821Removal of recurring cataract in lens capsule using a laser365$81.6K$223.592.96x
67228Destruction of leaking blood vessels of retina using laser173$50.5K$291.668.23x
J0179Injection, brolucizumab-dbll, 1 mg216$43.2K$200.069.50x
99215Established patient office or other outpatient visit, 40-54 minutes280$30.5K$108.842.52x

Markup Analysis

Charge-to-Payment Ratio

2.01x

This provider submits charges 2.01 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.01x means for every $100 Medicare pays, this provider initially charges $201. This is higher than the national average.

Location

Lincoln, NE

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 NE for peer comparison.

Matthew Wood (you)
$32.9M
John Welch, MD
$94.8M
William Terrell, M.D.
$59.3M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
John Welch, MDHastings, NE$94.8Mโœ“ Clear
William Terrell, M.D.Hastings, NE$59.3Mโœ“ 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.

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