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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. Equimed Corporation
๐Ÿฆท
Organization

Equimed Corporation

NPI: 1578557286
Plymouth, MN
10 years of data
Independent Diagnostic Testing Facility (IDTF)
$5.3M
Total Payments
17.7K
Beneficiaries
68.2K
Services
2.9x
Markup Ratio

Peer Comparison

97th
percentile in specialty
This provider$5.3M
Specialty median$350.9K

๐Ÿ“‹ Key Findings

1Billed $5.3M over 10 years
22.9x markup ratio (above median)
397th percentile in Independent Diagnostic Testing Facility (IDTF) by payments
4Payments surged 239% in 2019
52 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $5.3M in total Medicare payments ranks in the 97th percentile of Independent Diagnostic Testing Facility (IDTF) providers nationally.

Medicare payments to this provider grew 541% from 2014 to 2023.

62% of their billing comes from a single procedure code (G2066 โ€” Interrogation device evaluation(s), (remote) up to 30 days; implantable cardiovascular physiologic monitor system, implantable loop recorder system, or subcutaneous cardiac rhythm monitor system, remote data acquisition(s), receipt of transmissions and tec).

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 239% 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$345.10$91.283.78x$253.82$129.3K1.6K764
2015$344.64$91.203.78x$253.44$127.5K1.6K668
2016$344.08$93.093.70x$250.99$110.9K1.3K496
2017$305.77$92.803.29x$212.97$298.3K2.9K985
2018$298.33$94.073.17x$204.26$212.7K2.5K684
2019$295.38$91.063.24x$204.32$721.8K6.3K1.2K
2020$197.83$78.572.52x$119.26$612.8K5.8K1.6K
2021$197.51$82.442.40x$115.07$1.0M10.2K2.3K
2022$197.43$80.312.46x$117.12$1.2M14.3K3.8K
2023$197.44$37.235.30x$160.21$828.3K21.6K5.3K

Top Procedures (4)

G2066Interrogation device evaluation(s), (remote) up to 30 days; implantable cardiovascular physiologic monitor system, implantable loop recorder system, or subcutaneous cardiac rhythm monitor system, remote data acquisition(s), receipt of transmissions and tec
$3.3M
29.9K services$109.86/svc2.68x markup
93299Remote evaluations of implantable heart recorder system including transmissions, technician review, support, and distribution of results up to 30 days
$1.4M
10.5K services$133.15/svc2.43x markup
93296Remote evaluations of single, dual, or multiple lead pacemaker or cardioverter-defibrillator transmissions, technician review, support, and distribution of results up to 90 daysโš  5.5x markup
$489.3K
26.9K services$18.16/svc5.51x markup
93271Heart rhythm symptom-related transmission and analysis of 24-hour EKG monitoring up to 30 daysโš  3.9x markup
$113.0K
878 services$128.76/svc3.88x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
G2066Interrogation device evaluation(s), (remote) up to 30 days; implantable cardiovascular physiologic monitor system, implantable loop recorder system, or subcutaneous cardiac rhythm monitor system, remote data acquisition(s), receipt of transmissions and tec29.9K$3.3M$109.862.68x
93299Remote evaluations of implantable heart recorder system including transmissions, technician review, support, and distribution of results up to 30 days10.5K$1.4M$133.152.43x
93296Remote evaluations of single, dual, or multiple lead pacemaker or cardioverter-defibrillator transmissions, technician review, support, and distribution of results up to 90 days26.9K$489.3K$18.165.51x
93271Heart rhythm symptom-related transmission and analysis of 24-hour EKG monitoring up to 30 days878$113.0K$128.763.88x

Markup Analysis

Charge-to-Payment Ratio

2.9x

This provider submits charges 2.9 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.9x means for every $100 Medicare pays, this provider initially charges $290. This is higher than the national average.

Location

Plymouth, MN

Provider Verification

Always verify provider credentials and location before scheduling appointments. This data reflects Medicare payments and may not include all practice locations.

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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.

Believe this data is inaccurate? Dispute this data