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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. Veracyte Labs Sd Corporation
๐Ÿ”ฌ
Organization

Veracyte Labs Sd Corporation

NPI: 1770833121
San Diego, CA
10 years of data
Clinical Laboratory
$221.6M
Total Payments
17
Beneficiaries
104.2K
Services
1.4x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$221.6M
Specialty median$1.9M
Rank #45 of 232 in specialty

๐Ÿ“‹ Key Findings

1Billed $221.6M over 10 years
299th percentile in Clinical Laboratory by payments
3Payments surged 1153% in 2015
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $221.6M in total Medicare payments ranks in the 99th percentile of Clinical Laboratory providers nationally.

Medicare payments to this provider grew 16649% from 2014 to 2023.

82% of their billing comes from a single procedure code (81542 โ€” Mrna gene expression analysis of 22 genes in prostate tumor tissue).

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 1153% 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$4.3K$3.3K1.28x$932.70$447.8K1351
2015$5.1K$3.3K1.54x$1.8K$5.6M1.7K1
2016$5.2K$3.3K1.56x$1.8K$7.8M2.4K1
2017$5.2K$3.3K1.55x$1.8K$6.5M2.0K1
2018$5.2K$3.3K1.55x$1.8K$4.7M1.4K1
2019$2.5K$1.7K1.47x$790.66$7.1M4.2K2
2020$2.8K$2.1K1.37x$764.12$20.4M10.0K2
2021$2.8K$2.1K1.36x$743.52$38.9M18.7K2
2022$2.8K$2.1K1.37x$767.43$55.1M26.8K3
2023$2.8K$2.0K1.38x$777.29$75.0M37.0K3

Top Procedures (4)

81542Mrna gene expression analysis of 22 genes in prostate tumor tissue
$181.2M
47.5K services$3.8K/svc1.35x markup
81479Molecular pathology procedure
$31.9M
9.4K services$3.4K/svc1.52x markup
88381Preparation of specimen, manual
$8.4M
47.3K services$177.39/svc1.92x markup
0016MMolecular pathology test for genetic analysis of bladder tumor (decipher bladder turbt)
$203.1K
59 services$3.4K/svc2.03x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
81542Mrna gene expression analysis of 22 genes in prostate tumor tissue47.5K$181.2M$3.8K1.35x
81479Molecular pathology procedure9.4K$31.9M$3.4K1.52x
88381Preparation of specimen, manual47.3K$8.4M$177.391.92x
0016MMolecular pathology test for genetic analysis of bladder tumor (decipher bladder turbt)59$203.1K$3.4K2.03x

Markup Analysis

Charge-to-Payment Ratio

1.4x

This provider submits charges 1.4 times higher than what Medicare actually pays.

What This Means

A markup ratio of 1.4x means for every $100 Medicare pays, this provider initially charges $140. This is lower than the national average.

Location

San Diego, CA

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 Clinical Laboratory providers in CA for peer comparison.

Veracyte Labs Sd Corporation (you)
$221.6M
Genomic Health, Inc.
$887.6M
Unilab Corporationโš ๏ธ
$868.8M
Caredx Inc.
$751.0M
Laboratory Corporation Of Americaโš ๏ธ
$592.4M
Millennium Health, Llc
$587.9M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Genomic Health, Inc.Redwood City, CA$887.6Mโœ“ Clear
Unilab CorporationWest Hills, CA$868.8Mโš ๏ธ Flagged
Caredx Inc.Brisbane, CA$751.0Mโœ“ Clear
Laboratory Corporation Of AmericaSan Diego, CA$592.4Mโš ๏ธ Flagged
Millennium Health, LlcSan Diego, CA$587.9Mโœ“ 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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