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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. Thomas Stone
๐Ÿ‘๏ธ
MDIndividual

Thomas Stone, M.D.

NPI: 1528064219
Louisville, KY
10 years of data
Ophthalmology
$12.6M
Total Payments
34.4K
Beneficiaries
72.0K
Services
2.35x
Markup Ratio

Peer Comparison

98th
percentile in specialty
This provider$12.6M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $12.6M over 10 years
22.35x markup ratio (above median)
398th percentile in Ophthalmology by payments
47 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $12.6M in total Medicare payments ranks in the 98th percentile of Ophthalmology providers nationally.

This provider's billing patterns fall within normal ranges for their specialty.

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$1.2K$304.513.90x$884.00$1.4M8.9K4.7K
2015$1.3K$309.744.27x$1.0K$1.4M7.8K4.3K
2016$787.73$279.872.81x$507.86$1.3M7.6K3.8K
2017$633.17$240.982.63x$392.19$1.2M6.9K3.4K
2018$686.98$266.922.57x$420.06$1.2M6.5K2.9K
2019$696.06$278.812.50x$417.25$1.2M6.7K3.1K
2020$709.90$284.432.50x$425.47$1.2M6.8K3.6K
2021$725.54$296.702.45x$428.84$1.4M7.5K3.3K
2022$637.43$272.782.34x$364.65$1.2M6.8K2.7K
2023$796.19$348.392.29x$447.80$1.1M6.5K2.6K

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$6.5M
8.7K services$741.42/svc1.71x markup
J2778Injection, ranibizumab, 0.1 mg
$1.4M
5.0K services$279.30/svc1.81x markup
67028Injection of drug into eyeโš  4.8x markup
$1.4M
16.3K services$83.48/svc4.76x markup
92134Diagnostic imaging of retinaโš  3.0x markup
$554.8K
19.3K services$28.73/svc3.03x markup
67041Removal of membrane from the retinaโš  3.1x markup
$347.2K
403 services$861.51/svc3.06x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$294.4K
3.6K services$81.58/svc2.36x markup
67036Removal of eye fluid (vitreous) between the lens and retina
$262.6K
409 services$642.07/svc2.95x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$237.4K
2.8K services$84.17/svc2.62x markup
67042Removal of membrane from the retina, pars plana approachโš  3.0x markup
$218.1K
252 services$865.62/svc3.03x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$186.8K
3.5K services$53.81/svc2.84x markup
99204New patient office or other outpatient visit, typically 45 minutes
$183.7K
1.6K services$115.02/svc2.49x markup
67108Repair of detached retina and drainage of eye fluid between lens and retinaโš  3.1x markup
$160.4K
172 services$932.75/svc3.14x markup
67113Repair of detached retina and drainage of eye fluid between lens and retinaโš  4.0x markup
$140.9K
143 services$985.64/svc3.99x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$129.8K
2.4K services$53.88/svc2.39x markup
J3590Unclassified biologics
$124.6K
1.5K services$83.87/svc2.81x markup
J3490Unclassified drugs
$88.8K
54 services$1.6K/svc1.47x markup
92250Photography of the retina
$82.3K
2.2K services$38.01/svc2.52x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessionsโš  3.4x markup
$70.0K
163 services$429.40/svc3.41x markup
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessions
$47.1K
137 services$343.49/svc2.96x markup
92235Examination of retinal blood vessels by ophthalmoscope
$42.5K
588 services$72.30/svc2.89x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg8.7K$6.5M$741.421.71x
J2778Injection, ranibizumab, 0.1 mg5.0K$1.4M$279.301.81x
67028Injection of drug into eye16.3K$1.4M$83.484.76x
92134Diagnostic imaging of retina19.3K$554.8K$28.733.03x
67041Removal of membrane from the retina403$347.2K$861.513.06x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits3.6K$294.4K$81.582.36x
67036Removal of eye fluid (vitreous) between the lens and retina409$262.6K$642.072.95x
99214Established patient office or other outpatient, visit typically 25 minutes2.8K$237.4K$84.172.62x
67042Removal of membrane from the retina, pars plana approach252$218.1K$865.623.03x
99213Established patient office or other outpatient visit, typically 15 minutes3.5K$186.8K$53.812.84x
99204New patient office or other outpatient visit, typically 45 minutes1.6K$183.7K$115.022.49x
67108Repair of detached retina and drainage of eye fluid between lens and retina172$160.4K$932.753.14x
67113Repair of detached retina and drainage of eye fluid between lens and retina143$140.9K$985.643.99x
92012Eye and medical examination for diagnosis and treatment, established patient2.4K$129.8K$53.882.39x
J3590Unclassified biologics1.5K$124.6K$83.872.81x
J3490Unclassified drugs54$88.8K$1.6K1.47x
92250Photography of the retina2.2K$82.3K$38.012.52x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions163$70.0K$429.403.41x
67145Preventive retinal detachment treatment by heat or laser, 1 or more sessions137$47.1K$343.492.96x
92235Examination of retinal blood vessels by ophthalmoscope588$42.5K$72.302.89x

Markup Analysis

Charge-to-Payment Ratio

2.35x

This provider submits charges 2.35 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.35x means for every $100 Medicare pays, this provider initially charges $235. This is higher than the national average.

Location

Louisville, KY

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 KY for peer comparison.

Thomas Stone (you)
$12.6M
Inder Singal, MD
$35.2M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Inder Singal, MDLouisville, KY$35.2Mโœ“ 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.

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