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. Karl Waite
๐Ÿ‘๏ธ
MDIndividual

Karl Waite, MD

NPI: 1598902579
Daytona Beach, FL
10 years of data
Ophthalmology
$24.5M
Total Payments
165
Beneficiaries
167.0K
Services
2.38x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$24.5M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $24.5M over 10 years
22.38x markup ratio (above median)
399th percentile in Ophthalmology by payments
467 services/day โ€” unusually high
5Payments surged 94% in 2015
614 procedures with >3x markup

This provider averages 67 services per working day

Based on 167.0K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $24.5M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 67 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 844% from 2014 to 2023.

74% 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

๐Ÿ“ˆ

Notable: Payments increased 94% 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$254.40$102.972.47x$151.43$410.2K4.0K17
2015$326.85$125.852.60x$201.00$795.7K6.3K16
2016$370.56$146.782.52x$223.78$1.5M9.9K18
2017$369.74$149.602.47x$220.14$1.8M11.7K17
2018$375.81$155.922.41x$219.89$2.3M14.7K18
2019$393.08$165.222.38x$227.86$2.8M16.7K17
2020$493.25$212.642.32x$280.61$3.1M14.6K14
2021$490.00$211.712.31x$278.29$4.1M19.3K16
2022$408.41$171.472.38x$236.94$4.0M23.4K16
2023$193.98$83.372.33x$110.61$3.9M46.4K16

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$17.9M
24.3K services$737.43/svc1.88x markup
92012Established patient problem focused exam of visual systemโš  3.4x markup
$1.2M
19.3K services$64.07/svc3.37x markup
67028Injection of drug into eyeโš  7.0x markup
$1.2M
14.4K services$84.11/svc6.98x markup
J2777Injection, faricimab-svoa, 0.1 mg
$993.8K
33.9K services$29.28/svc1.58x markup
92134Imaging of retinaโš  3.2x markup
$669.7K
21.7K services$30.83/svc3.24x markup
92014Established patient complete exam of visual systemโš  3.3x markup
$453.4K
5.1K services$89.75/svc3.31x markup
92226Examination of eye by ophthalmoscope with retinal drawingโš  3.5x markup
$343.9K
18.5K services$18.62/svc3.49x markup
99204New patient office or other outpatient visit, 45-59 minutesโš  3.8x markup
$250.7K
2.1K services$121.01/svc3.83x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$233.3K
1.5K services$154.89/svc1.27x markup
92235Exam of retinal blood vessels using a special camera after injection of a dyeโš  4.2x markup
$188.4K
2.4K services$78.78/svc4.20x markup
92202Extended exam of the back part of the eye with optic nerve drawingโš  4.1x markup
$172.2K
14.7K services$11.69/svc4.12x markup
92250Photography of the retinaโš  4.2x markup
$133.9K
2.8K services$47.06/svc4.19x markup
J3490Unclassified drugs
$116.4K
156 services$745.99/svc1.52x markup
J2778Injection, ranibizumab, 0.1 mg
$99.2K
320 services$309.98/svc1.45x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retinaโš  4.2x markup
$88.7K
99 services$896.06/svc4.19x markup
67145Photocoagulation treatment to prevent detachment of retinaโš  4.2x markup
$73.2K
215 services$340.40/svc4.19x markup
92225Examination of eye by ophthalmoscope with retinal drawingโš  3.5x markup
$54.0K
2.6K services$20.93/svc3.50x markup
99214Established patient outpatient visit, total time 30-39 minutesโš  3.7x markup
$43.9K
558 services$78.68/svc3.74x markup
92240Examination of eye using an endoscope
$39.7K
202 services$196.39/svc2.14x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retinaโš  4.6x markup
$37.2K
38 services$978.33/svc4.62x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg24.3K$17.9M$737.431.88x
92012Established patient problem focused exam of visual system19.3K$1.2M$64.073.37x
67028Injection of drug into eye14.4K$1.2M$84.116.98x
J2777Injection, faricimab-svoa, 0.1 mg33.9K$993.8K$29.281.58x
92134Imaging of retina21.7K$669.7K$30.833.24x
92014Established patient complete exam of visual system5.1K$453.4K$89.753.31x
92226Examination of eye by ophthalmoscope with retinal drawing18.5K$343.9K$18.623.49x
99204New patient office or other outpatient visit, 45-59 minutes2.1K$250.7K$121.013.83x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg1.5K$233.3K$154.891.27x
92235Exam of retinal blood vessels using a special camera after injection of a dye2.4K$188.4K$78.784.20x
92202Extended exam of the back part of the eye with optic nerve drawing14.7K$172.2K$11.694.12x
92250Photography of the retina2.8K$133.9K$47.064.19x
J3490Unclassified drugs156$116.4K$745.991.52x
J2778Injection, ranibizumab, 0.1 mg320$99.2K$309.981.45x
67042Removal of membrane of retina with removal of internal limiting membrane of retina99$88.7K$896.064.19x
67145Photocoagulation treatment to prevent detachment of retina215$73.2K$340.404.19x
92225Examination of eye by ophthalmoscope with retinal drawing2.6K$54.0K$20.933.50x
99214Established patient outpatient visit, total time 30-39 minutes558$43.9K$78.683.74x
92240Examination of eye using an endoscope202$39.7K$196.392.14x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina38$37.2K$978.334.62x

Markup Analysis

Charge-to-Payment Ratio

2.38x

This provider submits charges 2.38 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.38x means for every $100 Medicare pays, this provider initially charges $238. This is higher than the national average.

Location

Daytona Beach, FL

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 FL for peer comparison.

Karl Waite (you)
$24.5M
Alexander Eaton, MD
$99.5M
Sunil Gupta, M.D.
$86.1M
Hussein Wafapoor, M.D.
$70.9M
John Myers, M.D.
$69.4M
Thomas Baudo, M.D.
$64.2M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Alexander Eaton, MDFort Myers, FL$99.5Mโœ“ Clear
Sunil Gupta, M.D.Pensacola, FL$86.1Mโœ“ Clear
Hussein Wafapoor, M.D.Fort Myers, FL$70.9Mโœ“ Clear
John Myers, M.D.Pensacola, FL$69.4Mโœ“ Clear
Thomas Baudo, M.D.Vero Beach, FL$64.2Mโœ“ Clear

Related

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