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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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Methodology•Download Data
  1. Home
  2. Providers
  3. Ramin Manshadi
❤️
MDIndividual

Ramin Manshadi, MD

NPI: 1629171202
Stockton, CA
10 years of data
Cardiology
$8.9M
Total Payments
61.8K
Beneficiaries
100.4K
Services
2.75x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$8.9M
Specialty median$193.1K

📋 Key Findings

1Billed $8.9M over 10 years
22.75x markup ratio (above median)
399th percentile in Cardiology by payments
45 procedures with >3x markup
✓ No flags detected

🔎 Data Analysis

This provider's $8.9M in total Medicare payments ranks in the 99th percentile of Cardiology providers nationally.

Medicare payments to this provider grew 60% 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

Submitted Charges vs. Medicare Payments

Average per-service amounts submitted by the provider compared to what Medicare actually paid — the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$447.36$137.123.26x$310.24$770.6K9.0K6.3K
2015$417.14$137.493.03x$279.65$766.3K9.0K6.5K
2016$393.08$138.052.85x$255.03$742.0K9.3K6.0K
2017$380.79$127.782.98x$253.01$873.1K10.4K6.6K
2018$401.68$140.532.86x$261.15$941.2K10.3K7.0K
2019$446.22$152.132.93x$294.09$964.7K9.5K6.1K
2020$448.40$151.242.96x$297.16$779.6K7.6K5.1K
2021$805.22$307.712.62x$497.51$930.4K8.2K5.4K
2022$574.25$220.492.60x$353.76$861.9K8.2K5.6K
2023$515.05$188.562.73x$326.49$1.2M18.9K7.1K

Top Procedures (20)

99214Established patient office or other outpatient, visit typically 25 minutes
$1.5M
18.1K services$82.47/svc2.74x markup
93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function
$1.4M
8.4K services$163.20/svc2.50x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$865.9K
14.7K services$58.79/svc2.64x markup
78452Nuclear medicine study of vessels of heart using drugs or exercise multiple studies
$853.8K
2.1K services$402.34/svc2.67x markup
93925Ultrasound study of arteries and arterial grafts of both legs
$565.5K
2.8K services$200.38/svc2.74x markup
93229Heart rhythm tracing, computer analysis, physician prescribed transmission of patient-triggered events greater than 24-hour EKG up to 30 days
$522.1K
792 services$659.22/svc2.42x markup
93880Ultrasound scanning of blood flow (outside the brain) on both sides of head and neck⚠ 3.3x markup
$405.1K
2.5K services$160.74/svc3.27x markup
93970Ultrasound scan of veins of both arms or legs including assessment of compression and functional maneuvers
$296.5K
1.9K services$158.47/svc2.62x markup
93923Ultrasound study of arteries of both arms and legs
$243.4K
2.3K services$106.92/svc2.89x markup
A9500Technetium tc-99m sestamibi, diagnostic, per study dose⚠ 3.2x markup
$230.1K
2.1K services$108.66/svc3.22x markup
33285Insertion of heart rhythm monitor under skin
$226.7K
56 services$4.0K/svc2.47x markup
93224Heart rhythm tracing, analysis, and interpretation of 48-hour EKG⚠ 3.2x markup
$207.4K
3.3K services$63.34/svc3.17x markup
99204New patient office or other outpatient visit, typically 45 minutes
$205.0K
1.8K services$116.95/svc2.92x markup
99454Remote monitoring of physiologic parameters, initial supply of devices with daily recordings or programmed alerts transmission, each 30 days
$200.4K
4.7K services$42.88/svc2.80x markup
99457Management using the results of remote vital sign monitoring per calendar month, first 20 minutes
$188.2K
4.7K services$40.26/svc2.73x markup
93015Exercise or drug-induced heart and blood vessel stress test with EKG monitoring, physician supervision, interpretation, and report⚠ 3.1x markup
$176.9K
3.2K services$54.76/svc3.09x markup
36475Destruction of insufficient vein of arm or leg, accessed through the skin⚠ 3.0x markup
$165.4K
131 services$1.3K/svc3.05x markup
93000Routine EKG using at least 12 leads including interpretation and report
$137.3K
10.7K services$12.77/svc2.99x markup
99458Management using the results of remote vital sign monitoring per calendar month, each additional 20 minutes
$92.4K
2.8K services$32.48/svc2.77x markup
93351Ultrasound examination and continuous monitoring of the heart performed during rest, exercise, and/or drug-induced stress with interpretation and report
$89.6K
450 services$199.13/svc2.75x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
99214Established patient office or other outpatient, visit typically 25 minutes18.1K$1.5M$82.472.74x
93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function8.4K$1.4M$163.202.50x
99213Established patient office or other outpatient visit, typically 15 minutes14.7K$865.9K$58.792.64x
78452Nuclear medicine study of vessels of heart using drugs or exercise multiple studies2.1K$853.8K$402.342.67x
93925Ultrasound study of arteries and arterial grafts of both legs2.8K$565.5K$200.382.74x
93229Heart rhythm tracing, computer analysis, physician prescribed transmission of patient-triggered events greater than 24-hour EKG up to 30 days792$522.1K$659.222.42x
93880Ultrasound scanning of blood flow (outside the brain) on both sides of head and neck2.5K$405.1K$160.743.27x
93970Ultrasound scan of veins of both arms or legs including assessment of compression and functional maneuvers1.9K$296.5K$158.472.62x
93923Ultrasound study of arteries of both arms and legs2.3K$243.4K$106.922.89x
A9500Technetium tc-99m sestamibi, diagnostic, per study dose2.1K$230.1K$108.663.22x
33285Insertion of heart rhythm monitor under skin56$226.7K$4.0K2.47x
93224Heart rhythm tracing, analysis, and interpretation of 48-hour EKG3.3K$207.4K$63.343.17x
99204New patient office or other outpatient visit, typically 45 minutes1.8K$205.0K$116.952.92x
99454Remote monitoring of physiologic parameters, initial supply of devices with daily recordings or programmed alerts transmission, each 30 days4.7K$200.4K$42.882.80x
99457Management using the results of remote vital sign monitoring per calendar month, first 20 minutes4.7K$188.2K$40.262.73x
93015Exercise or drug-induced heart and blood vessel stress test with EKG monitoring, physician supervision, interpretation, and report3.2K$176.9K$54.763.09x
36475Destruction of insufficient vein of arm or leg, accessed through the skin131$165.4K$1.3K3.05x
93000Routine EKG using at least 12 leads including interpretation and report10.7K$137.3K$12.772.99x
99458Management using the results of remote vital sign monitoring per calendar month, each additional 20 minutes2.8K$92.4K$32.482.77x
93351Ultrasound examination and continuous monitoring of the heart performed during rest, exercise, and/or drug-induced stress with interpretation and report450$89.6K$199.132.75x

Markup Analysis

Charge-to-Payment Ratio

2.75x

This provider submits charges 2.75 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.75x means for every $100 Medicare pays, this provider initially charges $275. This is higher than the national average.

Location

Stockton, 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 Cardiology providers in CA for peer comparison.

Ramin Manshadi (you)
$8.9M
Leo Polosajian, M.D.
$52.5M
Athar Ansari, M.D.
$38.2M
Hanumandla Reddy, M.D
$38.1M
Mehran Khorsandi, M.D.,
$36.4M
Shashi Sharma, D.M.
$35.4M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Leo Polosajian, M.D.Reseda, CA$52.5M✓ Clear
Athar Ansari, M.D.El Centro, CA$38.2M✓ Clear
Hanumandla Reddy, M.DHanford, CA$38.1M✓ Clear
Mehran Khorsandi, M.D.,Los Angeles, CA$36.4M✓ Clear
Shashi Sharma, D.M.Visalia, CA$35.4M✓ Clear

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Data Sources

  • • Centers for Medicare & Medicaid Services (CMS)
  • • Medicare Provider Utilization and Payment Data (2014-2023)
  • • 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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