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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. Gisela Velez
๐Ÿ‘๏ธ
MDIndividual

Gisela Velez, M.D.

NPI: 1639119167
Ayer, MA
10 years of data
Ophthalmology
$15.6M
Total Payments
40.1K
Beneficiaries
128.9K
Services
3.19x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$15.6M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $15.6M over 10 years
23.19x markup ratio (above median)
399th percentile in Ophthalmology by payments
452 services/day โ€” unusually high
515 procedures with >3x markup

This provider averages 52 services per working day

Based on 128.9K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $15.6M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 52 services per working day raises questions about billing patterns.

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$411.40$221.311.86x$190.09$1.2M10.2K3.0K
2015$412.02$202.482.03x$209.54$1.2M10.8K2.9K
2016$421.18$209.712.01x$211.47$1.4M11.7K2.8K
2017$276.47$134.512.06x$141.96$1.4M12.9K3.0K
2018$398.70$174.152.29x$224.55$1.7M13.9K3.2K
2019$449.21$128.603.49x$320.61$1.7M12.3K2.8K
2020$467.04$120.843.86x$346.20$1.7M13.0K4.9K
2021$502.81$129.513.88x$373.30$2.0M15.4K5.8K
2022$481.63$121.903.95x$359.73$1.7M14.3K6.3K
2023$506.48$125.504.04x$380.98$1.5M14.4K5.3K

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$5.1M
6.8K services$743.80/svc2.60x markup
92242Imaging of blood vessels in back of eye using fluorescein and indocyanine-green dyeโš  3.1x markup
$1.7M
7.5K services$221.52/svc3.13x markup
67028Injection of drug into eyeโš  5.2x markup
$1.5M
16.5K services$89.50/svc5.15x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visitsโš  3.8x markup
$1.2M
11.8K services$104.46/svc3.76x markup
J2778Injection, ranibizumab, 0.1 mgโš  3.2x markup
$1.2M
4.5K services$266.99/svc3.16x markup
92235Examination of retinal blood vessels by ophthalmoscopeโš  3.2x markup
$682.5K
5.6K services$122.75/svc3.16x markup
99214Established patient office or other outpatient, visit typically 25 minutesโš  3.5x markup
$610.4K
6.1K services$100.58/svc3.50x markup
92250Photography of the retinaโš  3.0x markup
$606.4K
13.0K services$46.70/svc3.03x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$576.9K
7.9K services$73.07/svc2.06x markup
92134Diagnostic imaging of retinaโš  5.0x markup
$516.6K
14.6K services$35.37/svc4.97x markup
92240Examination of eye using an endoscope
$502.9K
1.2K services$414.25/svc1.38x markup
92226Examination of eye by ophthalmoscope with retinal drawingโš  3.1x markup
$366.1K
13.9K services$26.35/svc3.07x markup
92273Full field recording of retinal electrical responses to external stimuli with interpretation and reportโš  4.0x markup
$351.2K
3.1K services$113.63/svc4.05x markup
J9035Injection, bevacizumab, 10 mg
$213.6K
4.0K services$53.59/svc1.29x markup
92083Measurement of field of vision during daylight conditionsโš  4.1x markup
$155.3K
2.9K services$53.17/svc4.14x markup
92202Extended examination of eye with drawing of optic nerve and surrounding area (macula)โš  3.9x markup
$66.9K
4.9K services$13.66/svc3.87x markup
92133Diagnostic imaging of optic nerve of eyeโš  4.1x markup
$62.4K
2.0K services$31.54/svc4.06x markup
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mgโš  3.8x markup
$60.9K
356 services$170.97/svc3.83x markup
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visitsโš  3.5x markup
$51.8K
444 services$116.64/svc3.48x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$49.7K
777 services$63.93/svc2.81x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg6.8K$5.1M$743.802.60x
92242Imaging of blood vessels in back of eye using fluorescein and indocyanine-green dye7.5K$1.7M$221.523.13x
67028Injection of drug into eye16.5K$1.5M$89.505.15x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits11.8K$1.2M$104.463.76x
J2778Injection, ranibizumab, 0.1 mg4.5K$1.2M$266.993.16x
92235Examination of retinal blood vessels by ophthalmoscope5.6K$682.5K$122.753.16x
99214Established patient office or other outpatient, visit typically 25 minutes6.1K$610.4K$100.583.50x
92250Photography of the retina13.0K$606.4K$46.703.03x
92012Eye and medical examination for diagnosis and treatment, established patient7.9K$576.9K$73.072.06x
92134Diagnostic imaging of retina14.6K$516.6K$35.374.97x
92240Examination of eye using an endoscope1.2K$502.9K$414.251.38x
92226Examination of eye by ophthalmoscope with retinal drawing13.9K$366.1K$26.353.07x
92273Full field recording of retinal electrical responses to external stimuli with interpretation and report3.1K$351.2K$113.634.05x
J9035Injection, bevacizumab, 10 mg4.0K$213.6K$53.591.29x
92083Measurement of field of vision during daylight conditions2.9K$155.3K$53.174.14x
92202Extended examination of eye with drawing of optic nerve and surrounding area (macula)4.9K$66.9K$13.663.87x
92133Diagnostic imaging of optic nerve of eye2.0K$62.4K$31.544.06x
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg356$60.9K$170.973.83x
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits444$51.8K$116.643.48x
99213Established patient office or other outpatient visit, typically 15 minutes777$49.7K$63.932.81x

Markup Analysis

Charge-to-Payment Ratio

3.19x

This provider submits charges 3.19 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.19x means for every $100 Medicare pays, this provider initially charges $319. This is higher than the national average.

Location

Ayer, MA

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 MA for peer comparison.

Gisela Velez (you)
$15.6M
Torsten Wiegand, MD
$49.8M
David Reed, M.D.
$44.2M
Chirag Shah, MD
$34.3M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Torsten Wiegand, MDBoston, MA$49.8Mโœ“ Clear
David Reed, M.D.Plymouth, MA$44.2Mโœ“ Clear
Chirag Shah, MDBoston, MA$34.3Mโœ“ 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.

Believe this data is inaccurate? Dispute this data