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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. Hang-Jin Shin
❤️
MDIndividual

Hang-Jin Shin, M.D.

NPI: 1689638702
Merrionette Park, IL
10 years of data
Cardiology
$8.2M
Total Payments
68.3K
Beneficiaries
86.2K
Services
4.13x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$8.2M
Specialty median$193.1K

📋 Key Findings

1Billed $8.2M over 10 years
24.13x markup ratio (above median)
399th percentile in Cardiology by payments
4Payments surged 59% in 2017
512 procedures with >3x markup
✓ No flags detected

🔎 Data Analysis

This provider's $8.2M in total Medicare payments ranks in the 99th percentile of Cardiology providers nationally.

This provider's billing patterns fall within normal ranges for their specialty.

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 59% in 2017

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$323.22$71.754.50x$251.47$717.9K11.0K7.9K
2015$327.13$73.684.44x$253.45$746.4K10.4K7.8K
2016$393.28$88.004.47x$305.28$750.1K9.8K7.4K
2017$361.20$113.933.17x$247.27$1.2M9.5K7.8K
2018$332.84$86.263.86x$246.58$906.9K9.2K7.3K
2019$325.97$76.514.26x$249.46$824.4K8.5K6.9K
2020$388.86$86.114.52x$302.75$637.2K6.4K5.4K
2021$403.03$94.184.28x$308.85$824.8K7.1K5.9K
2022$384.78$88.784.33x$296.00$790.4K6.9K6.0K
2023$491.74$108.744.52x$383.00$839.8K7.4K6.2K

Top Procedures (20)

93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function⚠ 5.1x markup
$2.2M
14.2K services$153.37/svc5.06x markup
93925Ultrasound study of arteries and arterial grafts of both legs⚠ 4.1x markup
$1.3M
6.4K services$204.93/svc4.08x markup
93880Ultrasound scanning of blood flow (outside the brain) on both sides of head and neck⚠ 4.7x markup
$1.1M
7.0K services$156.24/svc4.70x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$570.2K
6.4K services$89.74/svc1.83x markup
99233Subsequent hospital inpatient care, typically 35 minutes per day
$543.4K
5.8K services$93.42/svc2.40x markup
93922Ultrasound study of arteries of both arms and legs⚠ 5.8x markup
$405.1K
7.0K services$57.71/svc5.85x markup
99223Initial hospital inpatient care, typically 70 minutes per day
$397.1K
2.2K services$181.57/svc2.34x markup
93970Ultrasound scan of veins of both arms or legs including assessment of compression and functional maneuvers⚠ 5.0x markup
$369.2K
3.1K services$119.91/svc4.97x markup
99232Subsequent hospital inpatient care, typically 25 minutes per day
$356.1K
5.4K services$65.73/svc2.37x markup
93978Ultrasound scan of vena cava or groin graft or vessel blood flow⚠ 4.5x markup
$173.9K
1.1K services$153.51/svc4.52x markup
99213Established patient office or other outpatient visit, typically 15 minutes
$125.6K
2.1K services$58.57/svc1.79x markup
99205New patient office or other outpatient visit, typically 60 minutes
$112.3K
653 services$171.95/svc1.99x markup
93926Ultrasound study of arteries and arterial grafts of one leg or limited⚠ 5.4x markup
$72.8K
646 services$112.71/svc5.44x markup
93010Routine electrocardiogram (EKG) using at least 12 leads with interpretation and report⚠ 5.4x markup
$69.7K
9.3K services$7.47/svc5.41x markup
99215Established patient office or other outpatient, visit typically 40 minutes
$58.7K
518 services$113.25/svc2.09x markup
99211Established patient office or other outpatient visit, typically 5 minutes
$55.5K
3.5K services$15.79/svc2.72x markup
93971Ultrasound scan of veins of one arm or leg or limited including assessment of compression and functional maneuvers⚠ 5.5x markup
$54.0K
578 services$93.38/svc5.48x markup
93351Ultrasound examination and continuous monitoring of the heart performed during rest, exercise, and/or drug-induced stress with interpretation and report⚠ 6.7x markup
$44.1K
284 services$155.29/svc6.68x markup
93015Exercise or drug-induced heart and blood vessel stress test with EKG monitoring, physician supervision, interpretation, and report⚠ 7.5x markup
$43.8K
733 services$59.77/svc7.53x markup
85610Blood test, clotting time⚠ 3.5x markup
$23.7K
4.7K services$5.07/svc3.55x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
93306Ultrasound examination of heart including color-depicted blood flow rate, direction, and valve function14.2K$2.2M$153.375.06x
93925Ultrasound study of arteries and arterial grafts of both legs6.4K$1.3M$204.934.08x
93880Ultrasound scanning of blood flow (outside the brain) on both sides of head and neck7.0K$1.1M$156.244.70x
99214Established patient office or other outpatient, visit typically 25 minutes6.4K$570.2K$89.741.83x
99233Subsequent hospital inpatient care, typically 35 minutes per day5.8K$543.4K$93.422.40x
93922Ultrasound study of arteries of both arms and legs7.0K$405.1K$57.715.85x
99223Initial hospital inpatient care, typically 70 minutes per day2.2K$397.1K$181.572.34x
93970Ultrasound scan of veins of both arms or legs including assessment of compression and functional maneuvers3.1K$369.2K$119.914.97x
99232Subsequent hospital inpatient care, typically 25 minutes per day5.4K$356.1K$65.732.37x
93978Ultrasound scan of vena cava or groin graft or vessel blood flow1.1K$173.9K$153.514.52x
99213Established patient office or other outpatient visit, typically 15 minutes2.1K$125.6K$58.571.79x
99205New patient office or other outpatient visit, typically 60 minutes653$112.3K$171.951.99x
93926Ultrasound study of arteries and arterial grafts of one leg or limited646$72.8K$112.715.44x
93010Routine electrocardiogram (EKG) using at least 12 leads with interpretation and report9.3K$69.7K$7.475.41x
99215Established patient office or other outpatient, visit typically 40 minutes518$58.7K$113.252.09x
99211Established patient office or other outpatient visit, typically 5 minutes3.5K$55.5K$15.792.72x
93971Ultrasound scan of veins of one arm or leg or limited including assessment of compression and functional maneuvers578$54.0K$93.385.48x
93351Ultrasound examination and continuous monitoring of the heart performed during rest, exercise, and/or drug-induced stress with interpretation and report284$44.1K$155.296.68x
93015Exercise or drug-induced heart and blood vessel stress test with EKG monitoring, physician supervision, interpretation, and report733$43.8K$59.777.53x
85610Blood test, clotting time4.7K$23.7K$5.073.55x

Markup Analysis

Charge-to-Payment Ratio

4.13x

This provider submits charges 4.13 times higher than what Medicare actually pays.

What This Means

A markup ratio of 4.13x means for every $100 Medicare pays, this provider initially charges $413. This is higher than the national average.

Location

Merrionette Park, IL

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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