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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. Foluso Fakorede
❤️
MDIndividual

Foluso Fakorede, MD

NPI: 1679730329
Cleveland, MS
10 years of data
Interventional Cardiology
$20.0M
Total Payments
43.4K
Beneficiaries
55.5K
Services
4.12x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$20.0M
Specialty median$201.5K

📋 Key Findings

1Billed $20.0M over 10 years
24.12x markup ratio (above median)
399th percentile in Interventional Cardiology by payments
4Payments surged 622% in 2019
516 procedures with >3x markup
✓ No flags detected

🔎 Data Analysis

This provider's $20.0M in total Medicare payments ranks in the 99th percentile of Interventional Cardiology providers nationally.

Medicare payments to this provider grew 867% 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

📈

Notable: Payments increased 622% in 2019

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 — the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$273.65$101.672.69x$171.98$261.5K3.7K2.7K
2015$581.74$115.275.05x$466.47$127.8K1.6K1.4K
2016$1.0K$128.087.90x$884.04$381.5K3.9K3.2K
2017$451.40$132.043.42x$319.36$613.0K5.9K4.8K
2018$469.93$133.243.53x$336.69$599.3K6.1K4.8K
2019$3.2K$854.393.76x$2.4K$4.3M7.5K5.9K
2020$2.9K$770.133.79x$2.2K$4.1M7.1K5.4K
2021$2.8K$776.703.66x$2.1K$4.1M7.2K5.6K
2022$3.6K$744.514.84x$2.9K$3.0M6.5K5.2K
2023$4.4K$733.515.96x$3.6K$2.5M5.9K4.5K

Top Procedures (20)

37229Removal of plaque in artery in one leg, endovascular, accessed through the skin or open procedure⚠ 4.0x markup
$7.7M
1.8K services$4.4K/svc3.96x markup
37225Removal of plaque in arteries in one leg, endovascular, accessed through the skin or open procedure⚠ 5.7x markup
$3.8M
1.2K services$3.2K/svc5.68x markup
37227Removal of plaque and insertion of stents into arteries in one leg, endovascular, accessed through the skin or open procedure⚠ 3.5x markup
$3.5M
585 services$6.0K/svc3.47x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$562.0K
7.2K services$77.56/svc2.15x markup
93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function⚠ 3.9x markup
$452.8K
4.7K services$96.43/svc3.87x markup
78452Nuclear medicine study of vessels of heart using drugs or exercise multiple studies⚠ 3.2x markup
$408.0K
1.3K services$311.49/svc3.22x markup
93925Ultrasound study of arteries and arterial grafts of both legs⚠ 3.3x markup
$344.3K
2.2K services$157.00/svc3.30x markup
37233Removal of plaque in artery in one leg, endovascular, accessed through the skin or open procedure⚠ 3.6x markup
$295.4K
539 services$548.11/svc3.59x markup
37228Balloon dilation of artery of one leg, endovascular, accessed through the skin or open procedure⚠ 6.8x markup
$227.0K
184 services$1.2K/svc6.78x markup
99204New patient office or other outpatient visit, typically 45 minutes
$208.6K
1.9K services$111.88/svc2.45x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$206.2K
3.6K services$57.21/svc2.05x markup
37220Balloon dilation of artery in one side of groin, endovascular, accessed through the skin or open procedure⚠ 6.0x markup
$182.6K
294 services$621.11/svc6.00x markup
37232Balloon dilation of artery in one leg, endovascular, accessed through the skin or open procedure⚠ 3.5x markup
$174.3K
325 services$536.38/svc3.53x markup
37231Removal of plaque and insertion of stents into artery in one leg, endovascular, accessed through the skin or open procedure⚠ 3.7x markup
$159.2K
45 services$3.5K/svc3.66x markup
37252Ultrasound evaluation of blood vessel during diagnosis or treatment⚠ 4.7x markup
$156.4K
229 services$683.09/svc4.67x markup
75716Radiological supervision and interpretation of imaging of arteries of both arms or legs⚠ 3.5x markup
$144.2K
1.4K services$99.81/svc3.52x markup
75625Radiological supervision and interpretation X-ray of abdominal aorta⚠ 4.0x markup
$126.0K
1.6K services$80.47/svc3.99x markup
75710Radiological supervision and interpretation of imaging of artery of one arm or leg⚠ 3.1x markup
$88.3K
1.0K services$84.72/svc3.12x markup
A9500Technetium tc-99m sestamibi, diagnostic, per study dose⚠ 5.9x markup
$81.4K
981 services$82.98/svc5.93x markup
99232Subsequent hospital inpatient care, typically 25 minutes per day
$72.1K
1.4K services$53.42/svc2.17x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
37229Removal of plaque in artery in one leg, endovascular, accessed through the skin or open procedure1.8K$7.7M$4.4K3.96x
37225Removal of plaque in arteries in one leg, endovascular, accessed through the skin or open procedure1.2K$3.8M$3.2K5.68x
37227Removal of plaque and insertion of stents into arteries in one leg, endovascular, accessed through the skin or open procedure585$3.5M$6.0K3.47x
99214Established patient office or other outpatient, visit typically 25 minutes7.2K$562.0K$77.562.15x
93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function4.7K$452.8K$96.433.87x
78452Nuclear medicine study of vessels of heart using drugs or exercise multiple studies1.3K$408.0K$311.493.22x
93925Ultrasound study of arteries and arterial grafts of both legs2.2K$344.3K$157.003.30x
37233Removal of plaque in artery in one leg, endovascular, accessed through the skin or open procedure539$295.4K$548.113.59x
37228Balloon dilation of artery of one leg, endovascular, accessed through the skin or open procedure184$227.0K$1.2K6.78x
99204New patient office or other outpatient visit, typically 45 minutes1.9K$208.6K$111.882.45x
99213Established patient office or other outpatient visit, typically 15 minutes3.6K$206.2K$57.212.05x
37220Balloon dilation of artery in one side of groin, endovascular, accessed through the skin or open procedure294$182.6K$621.116.00x
37232Balloon dilation of artery in one leg, endovascular, accessed through the skin or open procedure325$174.3K$536.383.53x
37231Removal of plaque and insertion of stents into artery in one leg, endovascular, accessed through the skin or open procedure45$159.2K$3.5K3.66x
37252Ultrasound evaluation of blood vessel during diagnosis or treatment229$156.4K$683.094.67x
75716Radiological supervision and interpretation of imaging of arteries of both arms or legs1.4K$144.2K$99.813.52x
75625Radiological supervision and interpretation X-ray of abdominal aorta1.6K$126.0K$80.473.99x
75710Radiological supervision and interpretation of imaging of artery of one arm or leg1.0K$88.3K$84.723.12x
A9500Technetium tc-99m sestamibi, diagnostic, per study dose981$81.4K$82.985.93x
99232Subsequent hospital inpatient care, typically 25 minutes per day1.4K$72.1K$53.422.17x

Markup Analysis

Charge-to-Payment Ratio

4.12x

This provider submits charges 4.12 times higher than what Medicare actually pays.

What This Means

A markup ratio of 4.12x means for every $100 Medicare pays, this provider initially charges $412. This is higher than the national average.

Location

Cleveland, MS

Provider Verification

Always verify provider credentials and location before scheduling appointments. This data reflects Medicare payments and may not include all practice locations.

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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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