OpenMedicare
Start Here
Explore
Fraud
Investigations
Data
Tools
About

Footer

OpenMedicare

Independent Medicare data journalism

Sister Sites

  • OpenMedicaid
  • OpenFeds
  • OpenSpending

Explore

  • Providers
  • Procedures
  • States
  • Specialties
  • Search

Fraud Analysis

  • Still Out There (AI)
  • Fraud Overview
  • Fraud Watchlist
  • Deep Dive Profiles
  • Impossible Numbers
  • Report Fraud

Investigations

  • The Algorithm Knows
  • How We Built the Model
  • Internal Medicine Crisis
  • Florida & California Fraud
  • Million Dollar Flagged
  • All Investigations

Tools

  • Provider Lookup
  • Compare
  • Cost Calculator
  • Your Medicare Dollar
  • Downloads

About

  • About OpenMedicare
  • Methodology
  • Glossary
  • Data Sources
  • API Docs
  • Updates
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.
Sister Sites: OpenMedicaid ยท OpenFeds ยท OpenSpending

ยฉ 2026 OpenMedicare. Independent data journalism. Built by TheDataProject.ai

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

Dale Reynolds, M.D. PH.D.

NPI: 1578531364
Sartell, MN
10 years of data
Ophthalmology
$29.5M
Total Payments
168
Beneficiaries
306.5K
Services
1.99x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$29.5M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $29.5M over 10 years
21.99x markup ratio
399th percentile in Ophthalmology by payments
4123 services/day โ€” unusually high
5Payments surged 107% in 2019
65 procedures with >3x markup

This provider averages 123 services per working day

Based on 306.5K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $29.5M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 123 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 196% from 2014 to 2023.

AI-generated analysis based on Medicare payment data.

Annual Medicare Payments

Annual Services Provided

Avg Payment per Service

Markup Ratio Over Time

๐Ÿ“ˆ

Notable: Payments increased 107% in 2019

Year-over-year payment surges can indicate changes in practice volume, new services, or billing pattern shifts.

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$198.46$84.222.36x$114.24$1.9M22.4K19
2015$237.88$103.412.30x$134.47$814.3K7.9K13
2016$279.21$129.712.15x$149.50$1.0M7.9K14
2017$233.88$110.212.12x$123.67$1.1M10.0K13
2018$268.28$131.092.05x$137.19$1.2M9.5K15
2019$248.19$121.242.05x$126.95$2.6M21.3K17
2020$338.67$169.652.00x$169.02$4.5M26.3K18
2021$371.07$187.371.98x$183.70$5.3M28.1K21
2022$205.91$108.671.89x$97.24$5.6M51.3K20
2023$83.35$45.871.82x$37.48$5.6M121.8K18

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$17.3M
23.4K services$738.01/svc1.69x markup
J2777Injection, faricimab-svoa, 0.1 mg
$4.0M
138.0K services$29.17/svc1.44x markup
67028Injection of drug into eyeโš  4.3x markup
$2.3M
25.3K services$92.40/svc4.30x markup
J9035Injection, bevacizumab, 10 mg
$1.0M
17.9K services$56.58/svc1.53x markup
92014Established patient complete exam of visual system
$960.0K
10.8K services$88.66/svc2.72x markup
92134Imaging of retina
$827.1K
26.7K services$30.93/svc2.43x markup
J3590Unclassified biologics
$642.9K
363 services$1.8K/svc1.41x markup
92235Exam of retinal blood vessels using a special camera after injection of a dye
$417.3K
4.9K services$84.71/svc2.95x markup
J2778Injection, ranibizumab, 0.1 mg
$374.6K
1.2K services$308.83/svc2.27x markup
J3396Injection, verteporfin, 0.1 mg
$351.7K
40.5K services$8.68/svc1.73x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina
$284.4K
306 services$929.56/svc2.78x markup
99204New patient office or other outpatient visit, 45-59 minutes
$193.5K
1.7K services$116.84/svc2.40x markup
92250Photography of the retina
$139.8K
3.2K services$43.26/svc2.85x markup
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg
$136.3K
790 services$172.58/svc1.88x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$103.3K
1.5K services$68.93/svc2.03x markup
67039Destruction of eye fluid (vitreous) between lens and retina using a laserโš  3.8x markup
$65.0K
87 services$747.25/svc3.75x markup
67221Destruction of vascular growth between retina and sclera by photodynamic therapyโš  3.6x markup
$60.4K
270 services$223.54/svc3.62x markup
67228Destruction of leaking blood vessels of retina using laserโš  5.5x markup
$59.4K
172 services$345.43/svc5.50x markup
92226Examination of eye by ophthalmoscope with retinal drawingโš  4.0x markup
$48.0K
2.5K services$18.86/svc3.98x markup
J2781Injection, pegcetacoplan, intravitreal, 1 mg
$46.9K
390 services$120.36/svc1.54x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg23.4K$17.3M$738.011.69x
J2777Injection, faricimab-svoa, 0.1 mg138.0K$4.0M$29.171.44x
67028Injection of drug into eye25.3K$2.3M$92.404.30x
J9035Injection, bevacizumab, 10 mg17.9K$1.0M$56.581.53x
92014Established patient complete exam of visual system10.8K$960.0K$88.662.72x
92134Imaging of retina26.7K$827.1K$30.932.43x
J3590Unclassified biologics363$642.9K$1.8K1.41x
92235Exam of retinal blood vessels using a special camera after injection of a dye4.9K$417.3K$84.712.95x
J2778Injection, ranibizumab, 0.1 mg1.2K$374.6K$308.832.27x
J3396Injection, verteporfin, 0.1 mg40.5K$351.7K$8.681.73x
67042Removal of membrane of retina with removal of internal limiting membrane of retina306$284.4K$929.562.78x
99204New patient office or other outpatient visit, 45-59 minutes1.7K$193.5K$116.842.40x
92250Photography of the retina3.2K$139.8K$43.262.85x
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg790$136.3K$172.581.88x
99213Established patient office or other outpatient visit, 20-29 minutes1.5K$103.3K$68.932.03x
67039Destruction of eye fluid (vitreous) between lens and retina using a laser87$65.0K$747.253.75x
67221Destruction of vascular growth between retina and sclera by photodynamic therapy270$60.4K$223.543.62x
67228Destruction of leaking blood vessels of retina using laser172$59.4K$345.435.50x
92226Examination of eye by ophthalmoscope with retinal drawing2.5K$48.0K$18.863.98x
J2781Injection, pegcetacoplan, intravitreal, 1 mg390$46.9K$120.361.54x

Markup Analysis

Charge-to-Payment Ratio

1.99x

This provider submits charges 1.99 times higher than what Medicare actually pays.

What This Means

A markup ratio of 1.99x means for every $100 Medicare pays, this provider initially charges $199. This is lower than the national average.

Location

Sartell, MN

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 MN for peer comparison.

Dale Reynolds (you)
$29.5M
David Williams, MD
$42.6M
Sundeep Dev, MD
$34.6M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
David Williams, MDEdina, MN$42.6Mโœ“ Clear
Sundeep Dev, MDMinneapolis, MN$34.6Mโœ“ Clear

Related

Browse
โ† Back to Provider Directory
State
All providers in MN โ†’
Specialty
All Ophthalmology providers โ†’
Tool
Compare this provider โ†’
Analysis
Fraud Watchlist โ†’
Search
Search all providers โ†’

Share This Provider

Share this provider's Medicare payment information

Share:

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.

Believe this data is inaccurate? Dispute this data