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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. Binoy Jani
๐Ÿ‘๏ธ
MDIndividual

Binoy Jani, M.D.

NPI: 1548222557
Fredericksburg, VA
10 years of data
Ophthalmology
$8.6M
Total Payments
52.5K
Beneficiaries
61.9K
Services
3.76x
Markup Ratio

Peer Comparison

98th
percentile in specialty
This provider$8.6M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $8.6M over 10 years
23.76x markup ratio (above median)
398th percentile in Ophthalmology by payments
411 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $8.6M 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$429.94$119.263.61x$310.68$763.3K5.8K4.7K
2015$527.05$155.603.39x$371.45$908.4K6.5K5.4K
2016$546.82$173.813.15x$373.01$944.5K6.6K5.5K
2017$535.98$170.593.14x$365.39$1.0M7.0K5.9K
2018$503.42$124.254.05x$379.17$984.9K6.8K5.8K
2019$622.41$168.733.69x$453.68$988.8K6.7K5.8K
2020$528.86$132.603.99x$396.26$793.4K6.4K5.5K
2021$529.66$134.253.95x$395.41$782.0K5.7K5.0K
2022$546.65$130.584.19x$416.07$686.9K5.1K4.5K
2023$517.68$131.603.93x$386.08$715.7K5.3K4.5K

Top Procedures (20)

66984Removal of cataract with insertion of lensโš  4.6x markup
$3.9M
9.1K services$433.30/svc4.61x markup
66821Removal of recurring cataract in lens capsule using laser
$704.0K
2.8K services$255.91/svc2.93x markup
99204New patient office or other outpatient visit, typically 45 minutes
$703.2K
6.2K services$113.24/svc2.44x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$583.6K
6.9K services$84.22/svc2.32x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$503.1K
8.4K services$60.03/svc2.25x markup
66982Removal of cataract with insertion of lensโš  4.5x markup
$422.3K
762 services$554.18/svc4.51x markup
92136Measurement of corneal curvature and depth of eyeโš  3.8x markup
$284.5K
7.1K services$39.96/svc3.76x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$174.8K
1.9K services$89.93/svc2.17x markup
0191TInternal insertion of eye fluid drainage deviceโš  3.5x markup
$160.4K
293 services$547.50/svc3.53x markup
92083Measurement of field of vision during daylight conditionsโš  3.2x markup
$148.6K
3.4K services$44.00/svc3.19x markup
65820Incision to improve eye fluid flowโš  3.3x markup
$138.0K
216 services$638.80/svc3.25x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$119.0K
1.9K services$64.04/svc1.95x markup
92250Photography of the retinaโš  4.2x markup
$110.6K
2.7K services$41.41/svc4.22x markup
65855Laser repair to improve eye fluid flow, 1 or more sessionsโš  3.9x markup
$105.3K
515 services$204.52/svc3.91x markup
92133Diagnostic imaging of optic nerve of eyeโš  5.5x markup
$92.1K
3.4K services$27.13/svc5.53x markup
99205New patient office or other outpatient visit, typically 60 minutes
$70.8K
458 services$154.56/svc1.95x markup
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits
$64.2K
662 services$97.01/svc2.58x markup
95930Measurement and recording of nerve conduction patterns using visually-evoked stimulationโš  5.4x markup
$52.3K
937 services$55.78/svc5.38x markup
99203New patient office or other outpatient visit, typically 30 minutes
$47.4K
649 services$73.10/svc2.88x markup
92134Diagnostic imaging of retinaโš  4.9x markup
$42.4K
1.4K services$30.66/svc4.89x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
66984Removal of cataract with insertion of lens9.1K$3.9M$433.304.61x
66821Removal of recurring cataract in lens capsule using laser2.8K$704.0K$255.912.93x
99204New patient office or other outpatient visit, typically 45 minutes6.2K$703.2K$113.242.44x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits6.9K$583.6K$84.222.32x
92012Eye and medical examination for diagnosis and treatment, established patient8.4K$503.1K$60.032.25x
66982Removal of cataract with insertion of lens762$422.3K$554.184.51x
92136Measurement of corneal curvature and depth of eye7.1K$284.5K$39.963.76x
99214Established patient office or other outpatient, visit typically 25 minutes1.9K$174.8K$89.932.17x
0191TInternal insertion of eye fluid drainage device293$160.4K$547.503.53x
92083Measurement of field of vision during daylight conditions3.4K$148.6K$44.003.19x
65820Incision to improve eye fluid flow216$138.0K$638.803.25x
99213Established patient office or other outpatient visit, typically 15 minutes1.9K$119.0K$64.041.95x
92250Photography of the retina2.7K$110.6K$41.414.22x
65855Laser repair to improve eye fluid flow, 1 or more sessions515$105.3K$204.523.91x
92133Diagnostic imaging of optic nerve of eye3.4K$92.1K$27.135.53x
99205New patient office or other outpatient visit, typically 60 minutes458$70.8K$154.561.95x
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits662$64.2K$97.012.58x
95930Measurement and recording of nerve conduction patterns using visually-evoked stimulation937$52.3K$55.785.38x
99203New patient office or other outpatient visit, typically 30 minutes649$47.4K$73.102.88x
92134Diagnostic imaging of retina1.4K$42.4K$30.664.89x

Markup Analysis

Charge-to-Payment Ratio

3.76x

This provider submits charges 3.76 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.76x means for every $100 Medicare pays, this provider initially charges $376. This is higher than the national average.

Location

Fredericksburg, VA

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 VA for peer comparison.

Binoy Jani (you)
$8.6M
Timothy Byrnes, MD
$53.3M
James Tiedeman
$51.1M
Juan Astruc, M.D.
$46.6M
Kapil Kapoor, MD
$43.0M
Alan Wagner, MD
$42.8M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Timothy Byrnes, MDRoanoke, VA$53.3Mโœ“ Clear
James TiedemanFishersville, VA$51.1Mโœ“ Clear
Juan Astruc, M.D.Richmond, VA$46.6Mโœ“ Clear
Kapil Kapoor, MDNorfolk, VA$43.0Mโœ“ Clear
Alan Wagner, MDNorfolk, VA$42.8Mโœ“ 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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