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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. Richard Corey
๐Ÿ‘๏ธ
MDIndividual

Richard Corey, M.D.

NPI: 1568529105
Provo, UT
10 years of data
Ophthalmology
$19.3M
Total Payments
165
Beneficiaries
105.8K
Services
2.4x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$19.3M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $19.3M over 10 years
22.4x markup ratio (above median)
399th percentile in Ophthalmology by payments
49 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $19.3M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Medicare payments to this provider grew 136% from 2014 to 2023.

70% 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$251.68$102.172.46x$149.51$1.3M12.6K17
2015$381.60$158.972.40x$222.63$1.5M9.5K16
2016$399.24$169.102.36x$230.14$1.8M10.7K16
2017$395.42$160.352.47x$235.07$1.7M10.5K17
2018$403.00$169.162.38x$233.84$1.7M10.3K15
2019$386.31$162.042.38x$224.27$2.0M12.4K17
2020$512.21$218.422.35x$293.79$1.9M8.5K14
2021$521.64$226.612.30x$295.03$2.0M9.0K18
2022$549.30$231.072.38x$318.23$2.4M10.2K15
2023$616.14$249.842.47x$366.30$3.0M12.1K20

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$13.4M
18.0K services$740.35/svc2.03x markup
67028Injection of drug into eyeโš  5.8x markup
$1.0M
12.0K services$86.53/svc5.78x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$1.0M
11.9K services$85.98/svc2.09x markup
J3490Unclassified drugs
$587.2K
292 services$2.0K/svc2.42x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$475.7K
3.0K services$158.04/svc1.90x markup
92134Imaging of retina
$435.3K
14.9K services$29.13/svc2.75x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$378.5K
4.4K services$86.67/svc2.07x markup
67041Removal of membrane of retinaโš  3.8x markup
$367.0K
415 services$884.25/svc3.84x markup
92226Examination of eye by ophthalmoscope with retinal drawingโš  3.7x markup
$278.8K
14.8K services$18.90/svc3.70x markup
92250Photography of the retinaโš  3.1x markup
$244.5K
5.1K services$48.01/svc3.12x markup
99204New patient office or other outpatient visit, 45-59 minutes
$192.6K
1.7K services$110.55/svc2.26x markup
J7999Compounded drug, not otherwise classifiedโš  3.7x markup
$154.8K
2.4K services$63.46/svc3.73x markup
J2781Injection, pegcetacoplan, intravitreal, 1 mg
$140.8K
1.2K services$120.36/svc2.49x markup
J2778Injection, ranibizumab, 0.1 mg
$138.0K
445 services$310.15/svc2.26x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retinaโš  4.0x markup
$88.7K
94 services$943.82/svc4.03x markup
67113Complex repair of detached retina and drainage of eye fluid between lens and retinaโš  3.9x markup
$80.6K
74 services$1.1K/svc3.85x markup
92202Extended exam of the back part of the eye with optic nerve drawingโš  6.0x markup
$65.7K
5.7K services$11.63/svc6.02x markup
J9035Injection, bevacizumab, 10 mg
$61.0K
1.2K services$52.83/svc1.92x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$54.1K
869 services$62.22/svc2.41x markup
67036Removal of eye fluid (vitreous) between lens and retinaโš  4.5x markup
$40.7K
68 services$598.07/svc4.51x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg18.0K$13.4M$740.352.03x
67028Injection of drug into eye12.0K$1.0M$86.535.78x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits11.9K$1.0M$85.982.09x
J3490Unclassified drugs292$587.2K$2.0K2.42x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg3.0K$475.7K$158.041.90x
92134Imaging of retina14.9K$435.3K$29.132.75x
99214Established patient office or other outpatient visit, 30-39 minutes4.4K$378.5K$86.672.07x
67041Removal of membrane of retina415$367.0K$884.253.84x
92226Examination of eye by ophthalmoscope with retinal drawing14.8K$278.8K$18.903.70x
92250Photography of the retina5.1K$244.5K$48.013.12x
99204New patient office or other outpatient visit, 45-59 minutes1.7K$192.6K$110.552.26x
J7999Compounded drug, not otherwise classified2.4K$154.8K$63.463.73x
J2781Injection, pegcetacoplan, intravitreal, 1 mg1.2K$140.8K$120.362.49x
J2778Injection, ranibizumab, 0.1 mg445$138.0K$310.152.26x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina94$88.7K$943.824.03x
67113Complex repair of detached retina and drainage of eye fluid between lens and retina74$80.6K$1.1K3.85x
92202Extended exam of the back part of the eye with optic nerve drawing5.7K$65.7K$11.636.02x
J9035Injection, bevacizumab, 10 mg1.2K$61.0K$52.831.92x
99213Established patient office or other outpatient visit, 20-29 minutes869$54.1K$62.222.41x
67036Removal of eye fluid (vitreous) between lens and retina68$40.7K$598.074.51x

Markup Analysis

Charge-to-Payment Ratio

2.4x

This provider submits charges 2.4 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.4x means for every $100 Medicare pays, this provider initially charges $240. This is higher than the national average.

Location

Provo, UT

Provider Verification

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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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