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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. David Reichstein
๐Ÿ‘๏ธ
MDIndividual

David Reichstein, M.D

NPI: 1669665105
Nashville, TN
10 years of data
Ophthalmology
$40.5M
Total Payments
177
Beneficiaries
211.6K
Services
3.86x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$40.5M
Specialty median$383.7K
Rank #101 of 189 in specialty

๐Ÿ“‹ Key Findings

1Billed $40.5M over 10 years
23.86x markup ratio (above median)
399th percentile in Ophthalmology by payments
485 services/day โ€” unusually high
5Payments surged 562% in 2015
620 procedures with >3x markup

This provider averages 85 services per working day

Based on 211.6K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $40.5M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 85 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 1210% 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 562% 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$717.23$187.153.83x$530.08$370.7K2.0K14
2015$720.38$215.163.35x$505.22$2.5M11.4K16
2016$741.73$214.933.45x$526.80$3.7M17.1K17
2017$760.28$218.633.48x$541.65$4.8M22.0K19
2018$770.69$220.813.49x$549.88$5.0M22.6K20
2019$838.30$220.803.80x$617.50$5.2M23.8K18
2020$891.15$228.183.91x$662.97$4.8M21.1K18
2021$910.87$225.024.05x$685.85$5.1M22.5K16
2022$891.77$194.814.58x$696.96$4.2M21.4K18
2023$445.61$101.854.38x$343.76$4.9M47.7K21

Top Procedures (20)

J2778Injection, ranibizumab, 0.1 mgโš  3.7x markup
$22.0M
81.6K services$269.78/svc3.67x markup
J0178Injection, aflibercept, 1 mgโš  3.7x markup
$10.8M
15.1K services$718.68/svc3.71x markup
67028Injection of drug into eyeโš  7.2x markup
$1.9M
21.5K services$90.52/svc7.21x markup
92014Established patient complete exam of visual systemโš  3.7x markup
$1.2M
14.9K services$83.76/svc3.71x markup
J2777Injection, faricimab-svoa, 0.1 mgโš  3.3x markup
$953.8K
33.4K services$28.59/svc3.32x markup
92134Imaging of retinaโš  3.8x markup
$720.8K
24.5K services$29.41/svc3.76x markup
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mgโš  3.9x markup
$657.8K
3.1K services$214.55/svc3.92x markup
J3490Unclassified drugsโš  3.0x markup
$267.3K
198 services$1.3K/svc3.04x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mgโš  3.5x markup
$251.1K
1.7K services$152.01/svc3.47x markup
99204New patient office or other outpatient visit, 45-59 minutesโš  3.7x markup
$234.0K
2.1K services$112.05/svc3.67x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retinaโš  3.4x markup
$150.7K
178 services$846.52/svc3.39x markup
92250Photography of the retinaโš  4.9x markup
$148.7K
4.0K services$36.88/svc4.93x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retinaโš  4.7x markup
$145.9K
165 services$884.20/svc4.74x markup
92235Exam of retinal blood vessels using a special camera after injection of a dyeโš  3.8x markup
$123.3K
1.7K services$72.17/svc3.80x markup
J2781Injection, pegcetacoplan, intravitreal, 1 mgโš  3.2x markup
$121.0K
1.0K services$120.36/svc3.19x markup
J3590Unclassified biologicsโš  3.6x markup
$99.0K
1.6K services$63.35/svc3.58x markup
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mgโš  3.1x markup
$94.6K
525 services$180.26/svc3.12x markup
67218Destruction of growth of retina by implantation of radiation sourceโš  3.7x markup
$85.2K
85 services$1.0K/svc3.72x markup
J9035Injection, bevacizumab, 10 mgโš  3.0x markup
$78.1K
1.4K services$56.54/svc3.01x markup
765122d ultrasound scan of eye tissue and structuresโš  5.0x markup
$66.4K
1.5K services$43.98/svc4.96x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J2778Injection, ranibizumab, 0.1 mg81.6K$22.0M$269.783.67x
J0178Injection, aflibercept, 1 mg15.1K$10.8M$718.683.71x
67028Injection of drug into eye21.5K$1.9M$90.527.21x
92014Established patient complete exam of visual system14.9K$1.2M$83.763.71x
J2777Injection, faricimab-svoa, 0.1 mg33.4K$953.8K$28.593.32x
92134Imaging of retina24.5K$720.8K$29.413.76x
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg3.1K$657.8K$214.553.92x
J3490Unclassified drugs198$267.3K$1.3K3.04x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg1.7K$251.1K$152.013.47x
99204New patient office or other outpatient visit, 45-59 minutes2.1K$234.0K$112.053.67x
67042Removal of membrane of retina with removal of internal limiting membrane of retina178$150.7K$846.523.39x
92250Photography of the retina4.0K$148.7K$36.884.93x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina165$145.9K$884.204.74x
92235Exam of retinal blood vessels using a special camera after injection of a dye1.7K$123.3K$72.173.80x
J2781Injection, pegcetacoplan, intravitreal, 1 mg1.0K$121.0K$120.363.19x
J3590Unclassified biologics1.6K$99.0K$63.353.58x
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg525$94.6K$180.263.12x
67218Destruction of growth of retina by implantation of radiation source85$85.2K$1.0K3.72x
J9035Injection, bevacizumab, 10 mg1.4K$78.1K$56.543.01x
765122d ultrasound scan of eye tissue and structures1.5K$66.4K$43.984.96x

Markup Analysis

Charge-to-Payment Ratio

3.86x

This provider submits charges 3.86 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.86x means for every $100 Medicare pays, this provider initially charges $386. 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.

David Reichstein (you)
$40.5M
Roy Wallace, MD
$48.8M
Carl Awh, M.D.
$48.0M
Brandon Busbee, M.D.
$40.2M
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
Brandon Busbee, M.D.Nashville, TN$40.2Mโœ“ 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.

Believe this data is inaccurate? Dispute this data