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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. Brad Penenberg
๐Ÿฆด
MDIndividual

Brad Penenberg, M.D.

NPI: 1831122266
Beverly Hills, CA
10 years of data
Orthopedic Surgery
$6.0M
Total Payments
40.4K
Beneficiaries
49.2K
Services
10.18x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$6.0M
Specialty median$103.3K

๐Ÿ“‹ Key Findings

1Billed $6.0M over 10 years
210.18x markup ratio (above median)
399th percentile in Orthopedic Surgery by payments
418 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $6.0M in total Medicare payments ranks in the 99th percentile of Orthopedic Surgery providers nationally.

Their average markup ratio of 10.18x is significantly above the specialty median of 4.7x.

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$3.1K$319.279.67x$2.8K$659.9K6.8K5.2K
2015$2.9K$307.439.45x$2.6K$656.8K6.1K4.8K
2016$3.9K$307.5912.82x$3.6K$623.7K5.9K4.6K
2017$4.2K$295.7914.14x$3.9K$639.2K5.6K4.5K
2018$3.9K$292.9213.17x$3.6K$607.8K5.5K4.6K
2019$3.9K$272.5014.26x$3.6K$605.5K5.1K4.4K
2020$3.0K$318.249.58x$2.7K$467.1K2.6K2.3K
2021$1.6K$190.298.15x$1.4K$506.8K3.6K3.1K
2022$2.7K$306.438.72x$2.4K$578.9K3.9K3.4K
2023$2.2K$246.128.94x$2.0K$632.6K4.1K3.5K

Top Procedures (20)

27447Repair of knee jointโš  13.3x markup
$1.9M
1.7K services$1.1K/svc13.25x markup
27130Replacement of thigh bone and hip joint prosthesisโš  13.1x markup
$1.7M
1.5K services$1.1K/svc13.12x markup
99212Established patient office or other outpatient visit, typically 10 minutesโš  4.8x markup
$334.2K
9.7K services$34.47/svc4.77x markup
99204New patient office or other outpatient visit, typically 45 minutesโš  3.5x markup
$307.3K
2.3K services$130.93/svc3.55x markup
27134Revision of thigh bone and hip joint prosthesisโš  11.7x markup
$253.8K
166 services$1.5K/svc11.73x markup
99214Established patient office or other outpatient, visit typically 25 minutes
$245.2K
2.3K services$104.48/svc2.87x markup
99203New patient office or other outpatient visit, typically 30 minutesโš  4.3x markup
$224.7K
2.7K services$83.58/svc4.28x markup
27487Revision of lower thigh bone and both shin bone components of total knee joint prosthesisโš  12.7x markup
$196.3K
135 services$1.5K/svc12.70x markup
99213Established patient office or other outpatient visit, typically 15 minutesโš  3.8x markup
$171.6K
2.6K services$65.83/svc3.75x markup
20610Aspiration and/or injection of large joint or joint capsuleโš  3.7x markup
$117.7K
2.3K services$50.32/svc3.73x markup
73564X-ray of knee, 4 or more viewsโš  4.5x markup
$95.2K
7.7K services$12.30/svc4.49x markup
J7326Hyaluronan or derivative, gel-one, for intra-articular injection, per dose
$75.4K
187 services$402.96/svc2.01x markup
13160Second repair of surgical woundโš  6.6x markup
$67.0K
164 services$408.74/svc6.64x markup
73502X-ray of hip with pelvis, 2-3 viewsโš  4.1x markup
$35.9K
2.3K services$15.74/svc4.08x markup
73522X-ray of both hips with pelvis, 3-4 viewsโš  3.9x markup
$30.6K
2.6K services$11.68/svc3.88x markup
27446Repair of knee jointโš  9.3x markup
$27.7K
28 services$988.19/svc9.27x markup
73562X-ray of knee, 3 viewsโš  4.1x markup
$27.6K
1.7K services$15.78/svc4.10x markup
73503X-ray of hip with pelvis, minimum of 4 viewsโš  3.9x markup
$18.7K
490 services$38.24/svc3.89x markup
99441Physician telephone patient service, 5-10 minutes of medical discussionโš  3.8x markup
$16.7K
363 services$46.13/svc3.84x markup
99442Physician telephone patient service, 11-20 minutes of medical discussionโš  3.8x markup
$16.5K
223 services$73.82/svc3.78x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
27447Repair of knee joint1.7K$1.9M$1.1K13.25x
27130Replacement of thigh bone and hip joint prosthesis1.5K$1.7M$1.1K13.12x
99212Established patient office or other outpatient visit, typically 10 minutes9.7K$334.2K$34.474.77x
99204New patient office or other outpatient visit, typically 45 minutes2.3K$307.3K$130.933.55x
27134Revision of thigh bone and hip joint prosthesis166$253.8K$1.5K11.73x
99214Established patient office or other outpatient, visit typically 25 minutes2.3K$245.2K$104.482.87x
99203New patient office or other outpatient visit, typically 30 minutes2.7K$224.7K$83.584.28x
27487Revision of lower thigh bone and both shin bone components of total knee joint prosthesis135$196.3K$1.5K12.70x
99213Established patient office or other outpatient visit, typically 15 minutes2.6K$171.6K$65.833.75x
20610Aspiration and/or injection of large joint or joint capsule2.3K$117.7K$50.323.73x
73564X-ray of knee, 4 or more views7.7K$95.2K$12.304.49x
J7326Hyaluronan or derivative, gel-one, for intra-articular injection, per dose187$75.4K$402.962.01x
13160Second repair of surgical wound164$67.0K$408.746.64x
73502X-ray of hip with pelvis, 2-3 views2.3K$35.9K$15.744.08x
73522X-ray of both hips with pelvis, 3-4 views2.6K$30.6K$11.683.88x
27446Repair of knee joint28$27.7K$988.199.27x
73562X-ray of knee, 3 views1.7K$27.6K$15.784.10x
73503X-ray of hip with pelvis, minimum of 4 views490$18.7K$38.243.89x
99441Physician telephone patient service, 5-10 minutes of medical discussion363$16.7K$46.133.84x
99442Physician telephone patient service, 11-20 minutes of medical discussion223$16.5K$73.823.78x

Markup Analysis

Charge-to-Payment Ratio

10.18x

This provider submits charges 10.18 times higher than what Medicare actually pays.

What This Means

A markup ratio of 10.18x means for every $100 Medicare pays, this provider initially charges $1018. This is higher than the national average.

Location

Beverly Hills, CA

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

  • 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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