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. Rizwan Bhatti
๐Ÿ‘๏ธ
MDIndividual

Rizwan Bhatti, M.D.

NPI: 1588724108
Pasadena, CA
10 years of data
Ophthalmology
$19.9M
Total Payments
145
Beneficiaries
159.1K
Services
2.82x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$19.9M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $19.9M over 10 years
22.82x markup ratio (above median)
399th percentile in Ophthalmology by payments
464 services/day โ€” unusually high
5Payments surged 63% in 2015
66 procedures with >3x markup

This provider averages 64 services per working day

Based on 159.1K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $19.9M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 64 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 315% 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 63% in 2015

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$312.41$118.712.63x$193.70$702.7K5.9K14
2015$315.92$119.402.65x$196.52$1.1M9.6K15
2016$330.19$118.502.79x$211.69$1.7M14.0K14
2017$363.80$132.592.74x$231.21$2.0M15.0K16
2018$385.66$145.862.64x$239.80$2.4M16.4K15
2019$373.26$135.962.75x$237.30$2.4M17.4K14
2020$376.67$132.792.84x$243.88$2.2M16.5K14
2021$347.28$122.522.83x$224.76$2.2M18.1K14
2022$362.91$121.212.99x$241.70$2.3M19.3K13
2023$327.27$108.343.02x$218.93$2.9M26.9K16

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$5.2M
7.1K services$734.22/svc2.72x markup
J2778Injection, ranibizumab, 0.1 mg
$4.3M
15.5K services$275.48/svc2.18x markup
92014Established patient complete exam of visual system
$3.8M
35.8K services$106.75/svc2.58x markup
67028Injection of drug into eyeโš  4.8x markup
$2.4M
25.5K services$94.84/svc4.85x markup
92134Imaging of retina
$1.1M
30.2K services$36.25/svc2.80x markup
J9035Injection, bevacizumab, 10 mg
$957.1K
16.4K services$58.41/svc1.59x markup
67228Destruction of leaking blood vessels of retina using laserโš  3.0x markup
$426.3K
1.2K services$351.18/svc3.05x markup
92235Exam of retinal blood vessels using a special camera after injection of a dye
$423.9K
4.5K services$93.17/svc2.86x markup
92250Photography of the retinaโš  4.0x markup
$371.8K
8.2K services$45.40/svc4.03x markup
99204New patient office or other outpatient visit, typically 45 minutes
$253.1K
2.0K services$128.99/svc2.74x markup
92004New patient complete exam of visual system
$129.0K
1.1K services$114.58/svc2.89x markup
J2777Injection, faricimab-svoa, 0.1 mg
$105.9K
3.7K services$28.94/svc1.73x markup
67145Photocoagulation treatment to prevent detachment of retinaโš  3.1x markup
$97.1K
255 services$380.68/svc3.12x markup
J7999Compounded drug, not otherwise classified
$88.5K
1.6K services$56.65/svc1.59x markup
765122d ultrasound scan of eye tissue and structuresโš  3.4x markup
$44.3K
707 services$62.73/svc3.38x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$38.4K
480 services$79.97/svc1.98x markup
92226Examination of eye by ophthalmoscope with retinal drawing
$38.2K
1.8K services$21.64/svc2.69x markup
92225Examination of eye by ophthalmoscope with retinal drawing
$32.7K
1.4K services$23.75/svc2.60x markup
92201Extended exam of the back part of the eye with retinal drawingโš  5.0x markup
$29.2K
1.4K services$20.23/svc5.04x markup
92012Established patient problem focused exam of visual system
$11.6K
155 services$74.81/svc2.56x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg7.1K$5.2M$734.222.72x
J2778Injection, ranibizumab, 0.1 mg15.5K$4.3M$275.482.18x
92014Established patient complete exam of visual system35.8K$3.8M$106.752.58x
67028Injection of drug into eye25.5K$2.4M$94.844.85x
92134Imaging of retina30.2K$1.1M$36.252.80x
J9035Injection, bevacizumab, 10 mg16.4K$957.1K$58.411.59x
67228Destruction of leaking blood vessels of retina using laser1.2K$426.3K$351.183.05x
92235Exam of retinal blood vessels using a special camera after injection of a dye4.5K$423.9K$93.172.86x
92250Photography of the retina8.2K$371.8K$45.404.03x
99204New patient office or other outpatient visit, typically 45 minutes2.0K$253.1K$128.992.74x
92004New patient complete exam of visual system1.1K$129.0K$114.582.89x
J2777Injection, faricimab-svoa, 0.1 mg3.7K$105.9K$28.941.73x
67145Photocoagulation treatment to prevent detachment of retina255$97.1K$380.683.12x
J7999Compounded drug, not otherwise classified1.6K$88.5K$56.651.59x
765122d ultrasound scan of eye tissue and structures707$44.3K$62.733.38x
99213Established patient office or other outpatient visit, 20-29 minutes480$38.4K$79.971.98x
92226Examination of eye by ophthalmoscope with retinal drawing1.8K$38.2K$21.642.69x
92225Examination of eye by ophthalmoscope with retinal drawing1.4K$32.7K$23.752.60x
92201Extended exam of the back part of the eye with retinal drawing1.4K$29.2K$20.235.04x
92012Established patient problem focused exam of visual system155$11.6K$74.812.56x

Markup Analysis

Charge-to-Payment Ratio

2.82x

This provider submits charges 2.82 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.82x means for every $100 Medicare pays, this provider initially charges $282. This is higher than the national average.

Location

Pasadena, CA

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 CA for peer comparison.

Rizwan Bhatti (you)
$19.9M
Nathan Steinle, M.D.
$63.1M
Stephen Couvillion, MD
$47.7M
Margaret Chang, M.D.
$47.6M
David Boyer, MD
$47.5M
Alessandro Castellarin, M.D.
$46.9M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Nathan Steinle, M.D.Santa Barbara, CA$63.1Mโœ“ Clear
Stephen Couvillion, MDSanta Barbara, CA$47.7Mโœ“ Clear
Margaret Chang, M.D.Sacramento, CA$47.6Mโœ“ Clear
David Boyer, MDLos Angeles, CA$47.5Mโœ“ Clear
Alessandro Castellarin, M.D.Santa Barbara, CA$46.9Mโœ“ Clear

Related

Browse
โ† Back to Provider Directory
State
All providers in CA 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