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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. Richard Siegel
๐ŸŽ—๏ธ
MDI

Richard Siegel, MD

NPI: 1730176322
Arlington Heights, IL
10 years of data
Hematology-Oncology
$1.4M
Total Payments
3.4K
Beneficiaries
86.9K
Services
28.8x
Markup Ratio

Peer Comparison

88th
percentile in specialty
This provider$1.4M
Specialty median$339.6K

๐Ÿ“‹ Key Findings

1Billed $1.4M over 10 years
228.8x markup ratio (above median)
3Risk score: 67 โ€” flagged for review
410 procedures with >3x markup

โš ๏ธ Flagged for Review

Risk Score: 67
  • 21x specialty median spending
  • Markup 28.8x (specialty median: 4.0x)
  • 8x specialty median beneficiaries
  • 104x specialty median services
View Deep Dives โ†’Report Fraud โ†’

Statistical flag only โ€” not an accusation of fraud

๐Ÿ”Ž Data Analysis

This provider's $1.4M in total Medicare payments ranks in the 88th percentile of Hematology-Oncology providers nationally.

Their average markup ratio of 28.8x is significantly above the specialty median of 3.5x.

Medicare payments to this provider grew 77% from 2014 to 2023.

This provider has been statistically flagged with a risk score of 67/100. Statistical flags are not accusations of fraud.

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$459.94$15.9728.80x$443.97$97.2K6.1K245
2015$459.94$15.9728.80x$443.97$105.5K6.6K266
2016$459.94$15.9728.80x$443.97$113.9K7.1K287
2017$459.94$15.9728.80x$443.97$122.2K7.7K308
2018$459.94$15.9728.80x$443.97$130.5K8.2K329
2019$459.94$15.9728.80x$443.97$138.9K8.7K350
2020$459.94$15.9728.80x$443.97$147.2K9.2K371
2021$459.94$15.9728.80x$443.97$155.5K9.7K392
2022$459.94$15.9728.80x$443.97$163.8K10.3K413
2023$459.94$15.9728.80x$443.97$172.2K10.8K434

Top Procedures (10)

99213Office/outpatient visit, est patient, lowโš  30.0x markup
$474.1K
29.7K services$15.97/svc30.03x markup
99214Office/outpatient visit, est patient, moderateโš  28.5x markup
$237.0K
14.8K services$15.97/svc28.46x markup
99215Office/outpatient visit, est patient, highโš  32.8x markup
$158.0K
9.9K services$15.97/svc32.77x markup
99223Initial hospital care, high complexityโš  28.0x markup
$118.5K
7.4K services$15.97/svc28.04x markup
99232Subsequent hospital care, moderateโš  25.8x markup
$94.8K
5.9K services$15.97/svc25.79x markup
93000Electrocardiogram, completeโš  30.3x markup
$79.0K
4.9K services$15.97/svc30.34x markup
71046Chest X-ray, 2 viewsโš  31.6x markup
$67.7K
4.2K services$15.97/svc31.62x markup
80053Comprehensive metabolic panelโš  29.9x markup
$59.3K
3.7K services$15.97/svc29.85x markup
85025Complete blood count (CBC)โš  23.5x markup
$52.7K
3.3K services$15.97/svc23.51x markup
36415Venipunctureโš  29.7x markup
$47.4K
3.0K services$15.97/svc29.68x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
99213Office/outpatient visit, est patient, low29.7K$474.1K$15.9730.03x
99214Office/outpatient visit, est patient, moderate14.8K$237.0K$15.9728.46x
99215Office/outpatient visit, est patient, high9.9K$158.0K$15.9732.77x
99223Initial hospital care, high complexity7.4K$118.5K$15.9728.04x
99232Subsequent hospital care, moderate5.9K$94.8K$15.9725.79x
93000Electrocardiogram, complete4.9K$79.0K$15.9730.34x
71046Chest X-ray, 2 views4.2K$67.7K$15.9731.62x
80053Comprehensive metabolic panel3.7K$59.3K$15.9729.85x
85025Complete blood count (CBC)3.3K$52.7K$15.9723.51x
36415Venipuncture3.0K$47.4K$15.9729.68x

Markup Analysis

Charge-to-Payment Ratio

28.8x

This provider submits charges 28.8 times higher than what Medicare actually pays.

What This Means

A markup ratio of 28.8x means for every $100 Medicare pays, this provider initially charges $2880. This is higher than the national average.

Location

Arlington Heights, IL

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 Hematology-Oncology providers in IL for peer comparison.

Richard Siegel (you)
$1.4M
Pramern Sriratana, M.D.
$33.5M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Pramern Sriratana, M.D.Normal, IL$33.5Mโœ“ 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.

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