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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. Wasif Shirazi
๐ŸŽ—๏ธ
MDI

Wasif Shirazi, M.D.

NPI: 1558336149
Tinley Park, IL
10 years of data
Hematology-Oncology
$2.3M
Total Payments
2.9K
Beneficiaries
251.2K
Services
31.57x
Markup Ratio

Peer Comparison

93th
percentile in specialty
This provider$2.3M
Specialty median$339.6K

๐Ÿ“‹ Key Findings

1Billed $2.3M over 10 years
231.57x markup ratio (above median)
3Risk score: 70 โ€” flagged for review
493th percentile in Hematology-Oncology by payments
5100 services/day โ€” unusually high
610 procedures with >3x markup

โš ๏ธ Flagged for Review

Risk Score: 70
  • 36x specialty median spending
  • Markup 31.6x (specialty median: 4.0x)
  • 7x specialty median beneficiaries
  • 300x specialty median services
View Deep Dives โ†’Report Fraud โ†’

Statistical flag only โ€” not an accusation of fraud

This provider averages 100 services per working day

Based on 251.2K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $2.3M in total Medicare payments ranks in the 93th percentile of Hematology-Oncology providers nationally.

Their average markup ratio of 31.57x is significantly above the specialty median of 3.5x.

Averaging 100 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 77% from 2014 to 2023.

This provider has been statistically flagged with a risk score of 70/100. Statistical flags are not accusations of fraud.

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$289.18$9.1631.57x$280.02$161.1K17.6K208
2015$289.18$9.1631.57x$280.02$174.9K19.1K226
2016$289.18$9.1631.57x$280.02$188.7K20.6K244
2017$289.18$9.1631.57x$280.02$202.5K22.1K261
2018$289.18$9.1631.57x$280.02$216.3K23.6K279
2019$289.18$9.1631.57x$280.02$230.1K25.1K297
2020$289.18$9.1631.57x$280.02$243.9K26.6K315
2021$289.18$9.1631.57x$280.02$257.7K28.1K333
2022$289.18$9.1631.57x$280.02$271.5K29.6K350
2023$289.18$9.1631.57x$280.02$285.4K31.1K368

Top Procedures (10)

99213Office/outpatient visit, est patient, lowโš  25.7x markup
$785.7K
85.8K services$9.16/svc25.74x markup
99214Office/outpatient visit, est patient, moderateโš  30.0x markup
$392.8K
42.9K services$9.16/svc29.96x markup
99215Office/outpatient visit, est patient, highโš  32.5x markup
$261.9K
28.6K services$9.16/svc32.46x markup
99223Initial hospital care, high complexityโš  25.4x markup
$196.4K
21.4K services$9.16/svc25.43x markup
99232Subsequent hospital care, moderateโš  30.7x markup
$157.1K
17.2K services$9.16/svc30.67x markup
93000Electrocardiogram, completeโš  25.7x markup
$130.9K
14.3K services$9.16/svc25.69x markup
71046Chest X-ray, 2 viewsโš  29.9x markup
$112.2K
12.3K services$9.16/svc29.95x markup
80053Comprehensive metabolic panelโš  37.2x markup
$98.2K
10.7K services$9.16/svc37.19x markup
85025Complete blood count (CBC)โš  35.6x markup
$87.3K
9.5K services$9.16/svc35.61x markup
36415Venipunctureโš  36.3x markup
$78.6K
8.6K services$9.16/svc36.32x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
99213Office/outpatient visit, est patient, low85.8K$785.7K$9.1625.74x
99214Office/outpatient visit, est patient, moderate42.9K$392.8K$9.1629.96x
99215Office/outpatient visit, est patient, high28.6K$261.9K$9.1632.46x
99223Initial hospital care, high complexity21.4K$196.4K$9.1625.43x
99232Subsequent hospital care, moderate17.2K$157.1K$9.1630.67x
93000Electrocardiogram, complete14.3K$130.9K$9.1625.69x
71046Chest X-ray, 2 views12.3K$112.2K$9.1629.95x
80053Comprehensive metabolic panel10.7K$98.2K$9.1637.19x
85025Complete blood count (CBC)9.5K$87.3K$9.1635.61x
36415Venipuncture8.6K$78.6K$9.1636.32x

Markup Analysis

Charge-to-Payment Ratio

31.57x

This provider submits charges 31.57 times higher than what Medicare actually pays.

What This Means

A markup ratio of 31.57x means for every $100 Medicare pays, this provider initially charges $3157. This is higher than the national average.

Location

Tinley Park, 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 Hematology-Oncology providers in IL for peer comparison.

Wasif Shirazi (you)
$2.3M
Pramern Sriratana, M.D.
$33.5M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Pramern Sriratana, M.D.Normal, IL$33.5Mโœ“ 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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