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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.
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. Brandon Busbee
๐Ÿ‘๏ธ
MDIndividual

Brandon Busbee, M.D.

NPI: 1609952654
Nashville, TN
10 years of data
Ophthalmology
$40.2M
Total Payments
129
Beneficiaries
233.2K
Services
3.78x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$40.2M
Specialty median$383.7K
Rank #104 of 189 in specialty

๐Ÿ“‹ Key Findings

1Billed $40.2M over 10 years
23.78x markup ratio (above median)
399th percentile in Ophthalmology by payments
493 services/day โ€” unusually high
520 procedures with >3x markup

This provider averages 93 services per working day

Based on 233.2K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $40.2M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 93 services per working day raises questions about billing patterns.

66% of their billing comes from a single procedure code (J2778 โ€” Injection, ranibizumab, 0.1 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$655.92$195.303.36x$460.62$4.7M24.0K13
2015$676.46$199.673.39x$476.79$4.0M20.0K14
2016$700.25$202.373.46x$497.88$4.0M19.6K11
2017$700.27$199.073.52x$501.20$3.9M19.4K11
2018$708.88$201.723.51x$507.16$4.2M20.8K12
2019$756.53$197.293.83x$559.24$4.0M20.2K12
2020$784.58$197.383.97x$587.20$4.0M20.3K12
2021$763.08$187.214.08x$575.87$3.9M20.6K13
2022$678.08$149.064.55x$529.02$3.4M23.0K13
2023$399.34$94.044.25x$305.30$4.3M45.2K18

Top Procedures (20)

J2778Injection, ranibizumab, 0.1 mgโš  3.6x markup
$26.6M
96.4K services$275.99/svc3.59x markup
J0178Injection, aflibercept, 1 mgโš  3.8x markup
$5.2M
7.3K services$714.22/svc3.78x markup
67028Injection of drug into eyeโš  6.6x markup
$2.0M
24.4K services$80.92/svc6.56x markup
92014Established patient complete exam of visual systemโš  3.8x markup
$1.9M
23.2K services$81.51/svc3.84x markup
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mgโš  4.0x markup
$1.0M
4.8K services$212.88/svc3.95x markup
J2777Injection, faricimab-svoa, 0.1 mgโš  3.2x markup
$912.3K
31.3K services$29.18/svc3.24x markup
92134Imaging of retinaโš  3.7x markup
$821.2K
27.7K services$29.62/svc3.73x markup
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mgโš  3.1x markup
$296.5K
1.6K services$181.04/svc3.11x markup
J3490Unclassified drugsโš  3.1x markup
$240.8K
137 services$1.8K/svc3.08x markup
92250Photography of the retinaโš  4.6x markup
$210.1K
5.3K services$39.94/svc4.56x markup
99204New patient office or other outpatient visit, 45-59 minutesโš  3.9x markup
$194.0K
1.8K services$107.32/svc3.89x markup
92235Exam of retinal blood vessels using a special camera after injection of a dyeโš  3.8x markup
$181.5K
2.6K services$70.87/svc3.81x markup
J9035Injection, bevacizumab, 10 mgโš  3.1x markup
$172.3K
3.1K services$55.61/svc3.08x markup
J2781Injection, pegcetacoplan, intravitreal, 1 mgโš  3.2x markup
$128.2K
1.1K services$120.36/svc3.19x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retinaโš  4.2x markup
$126.2K
139 services$907.89/svc4.20x markup
92012Established patient problem focused exam of visual systemโš  4.0x markup
$119.3K
2.2K services$55.43/svc4.00x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retinaโš  3.6x markup
$90.2K
102 services$884.70/svc3.56x markup
67113Repair of detached retina and drainage of eye fluid between lens and retina, complexโš  3.7x markup
$32.6K
29 services$1.1K/svc3.68x markup
J3590Unclassified biologicsโš  3.3x markup
$21.3K
31 services$687.27/svc3.28x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessionsโš  3.3x markup
$8.8K
12 services$731.25/svc3.27x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J2778Injection, ranibizumab, 0.1 mg96.4K$26.6M$275.993.59x
J0178Injection, aflibercept, 1 mg7.3K$5.2M$714.223.78x
67028Injection of drug into eye24.4K$2.0M$80.926.56x
92014Established patient complete exam of visual system23.2K$1.9M$81.513.84x
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg4.8K$1.0M$212.883.95x
J2777Injection, faricimab-svoa, 0.1 mg31.3K$912.3K$29.183.24x
92134Imaging of retina27.7K$821.2K$29.623.73x
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg1.6K$296.5K$181.043.11x
J3490Unclassified drugs137$240.8K$1.8K3.08x
92250Photography of the retina5.3K$210.1K$39.944.56x
99204New patient office or other outpatient visit, 45-59 minutes1.8K$194.0K$107.323.89x
92235Exam of retinal blood vessels using a special camera after injection of a dye2.6K$181.5K$70.873.81x
J9035Injection, bevacizumab, 10 mg3.1K$172.3K$55.613.08x
J2781Injection, pegcetacoplan, intravitreal, 1 mg1.1K$128.2K$120.363.19x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina139$126.2K$907.894.20x
92012Established patient problem focused exam of visual system2.2K$119.3K$55.434.00x
67042Removal of membrane of retina with removal of internal limiting membrane of retina102$90.2K$884.703.56x
67113Repair of detached retina and drainage of eye fluid between lens and retina, complex29$32.6K$1.1K3.68x
J3590Unclassified biologics31$21.3K$687.273.28x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions12$8.8K$731.253.27x

Markup Analysis

Charge-to-Payment Ratio

3.78x

This provider submits charges 3.78 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.78x means for every $100 Medicare pays, this provider initially charges $378. This is higher than the national average.

Location

Nashville, TN

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 TN for peer comparison.

Brandon Busbee (you)
$40.2M
Roy Wallace, MD
$48.8M
Carl Awh, M.D.
$48.0M
David Reichstein, M.D
$40.5M
Franco Recchia, MD
$39.8M
Everton Arrindell, M.D.
$36.8M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Roy Wallace, MDNashville, TN$48.8Mโœ“ Clear
Carl Awh, M.D.Nashville, TN$48.0Mโœ“ Clear
David Reichstein, M.DNashville, TN$40.5Mโœ“ Clear
Franco Recchia, MDNashville, TN$39.8Mโœ“ Clear
Everton Arrindell, M.D.Nashville, TN$36.8Mโœ“ Clear

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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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