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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. Raja Devanathan
๐Ÿซ
MDIndividual

Raja Devanathan, M.D.

NPI: 1871587220
Hobart, IN
10 years of data
Pulmonary Disease
$12.4M
Total Payments
284
Beneficiaries
365.1K
Services
1.99x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$12.4M
Specialty median$121.6K

๐Ÿ“‹ Key Findings

1Billed $12.4M over 10 years
21.99x markup ratio
399th percentile in Pulmonary Disease by payments
4146 services/day โ€” unusually high
5Payments surged 61% in 2019
64 procedures with >3x markup

This provider averages 146 services per working day

Based on 365.1K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $12.4M in total Medicare payments ranks in the 99th percentile of Pulmonary Disease providers nationally.

Averaging 146 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 431% 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

๐Ÿ“ˆ

Notable: Payments increased 61% 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 โ€” the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$85.34$33.132.58x$52.21$573.9K17.3K31
2015$83.78$33.052.53x$50.73$567.5K17.2K27
2016$83.22$34.492.41x$48.73$502.6K14.6K27
2017$84.57$35.632.37x$48.94$531.5K14.9K27
2018$80.89$35.242.30x$45.65$696.9K19.8K28
2019$82.69$40.262.05x$42.43$1.1M27.9K28
2020$73.87$38.371.93x$35.50$1.4M35.8K28
2021$66.08$35.601.86x$30.48$1.7M48.0K28
2022$65.65$35.411.85x$30.24$2.2M62.9K28
2023$50.11$28.551.76x$21.56$3.0M106.7K32

Top Procedures (20)

J2357Injection, omalizumab, 5 mg
$4.2M
150.0K services$27.80/svc2.25x markup
J2182Injection, mepolizumab, 1 mg
$2.4M
104.0K services$22.97/svc1.74x markup
J0517Injection, benralizumab, 1 mg
$2.2M
16.7K services$132.72/svc1.30x markup
99232Subsequent hospital care with moderate levelof medical decision making, if using time, at least 35 minutes
$901.9K
16.6K services$54.40/svc2.38x markup
J2356Injection, tezepelumab-ekko, 1 mg
$455.3K
31.7K services$14.36/svc1.39x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$439.9K
8.5K services$51.63/svc1.92x markup
99222Initial hospital care with straightforward or low-level medical decision making, if using time, at least 55 minutes
$251.8K
2.5K services$98.77/svc2.41x markup
99205New patient office or other outpatient visit, 60-74 minutes
$177.6K
1.2K services$146.99/svc2.15x markup
99212Established patient office or other outpatient visit, 10-19 minutes
$127.9K
3.6K services$35.11/svc2.45x markup
99231Subsequent hospital care with straightforward or low level of medical decision making, per day, if using time, at least 25 minutes
$116.0K
3.9K services$29.56/svc2.88x markup
99223Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes
$114.0K
771 services$147.82/svc2.14x markup
99233Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes
$106.3K
1.4K services$78.28/svc2.37x markup
96372Injection of drug or substance under skin or into muscleโš  3.3x markup
$100.6K
7.7K services$13.03/svc3.29x markup
90670Pneumococcal vaccine for injection into muscle
$95.1K
596 services$159.58/svc1.21x markup
99291Critical care, first 30-74 minutesโš  3.3x markup
$92.5K
562 services$164.52/svc3.31x markup
96401Administration of non-hormonal anti-neoplastic chemotherapy under skin or into muscle
$63.9K
1.3K services$50.95/svc2.62x markup
94729Test to examine how well the lungs exchange gasesโš  4.1x markup
$57.8K
1.8K services$32.90/svc4.07x markup
99214Established patient outpatient visit, total time 30-39 minutes
$50.4K
668 services$75.47/svc1.89x markup
94060Test to measure expiratory airflow and volume changes before and after medication administrationโš  3.6x markup
$49.1K
1.3K services$37.70/svc3.62x markup
99442Telephone medical discussion with physician, 11-20 minutes
$42.8K
795 services$53.85/svc2.40x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J2357Injection, omalizumab, 5 mg150.0K$4.2M$27.802.25x
J2182Injection, mepolizumab, 1 mg104.0K$2.4M$22.971.74x
J0517Injection, benralizumab, 1 mg16.7K$2.2M$132.721.30x
99232Subsequent hospital care with moderate levelof medical decision making, if using time, at least 35 minutes16.6K$901.9K$54.402.38x
J2356Injection, tezepelumab-ekko, 1 mg31.7K$455.3K$14.361.39x
99213Established patient office or other outpatient visit, 20-29 minutes8.5K$439.9K$51.631.92x
99222Initial hospital care with straightforward or low-level medical decision making, if using time, at least 55 minutes2.5K$251.8K$98.772.41x
99205New patient office or other outpatient visit, 60-74 minutes1.2K$177.6K$146.992.15x
99212Established patient office or other outpatient visit, 10-19 minutes3.6K$127.9K$35.112.45x
99231Subsequent hospital care with straightforward or low level of medical decision making, per day, if using time, at least 25 minutes3.9K$116.0K$29.562.88x
99223Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes771$114.0K$147.822.14x
99233Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes1.4K$106.3K$78.282.37x
96372Injection of drug or substance under skin or into muscle7.7K$100.6K$13.033.29x
90670Pneumococcal vaccine for injection into muscle596$95.1K$159.581.21x
99291Critical care, first 30-74 minutes562$92.5K$164.523.31x
96401Administration of non-hormonal anti-neoplastic chemotherapy under skin or into muscle1.3K$63.9K$50.952.62x
94729Test to examine how well the lungs exchange gases1.8K$57.8K$32.904.07x
99214Established patient outpatient visit, total time 30-39 minutes668$50.4K$75.471.89x
94060Test to measure expiratory airflow and volume changes before and after medication administration1.3K$49.1K$37.703.62x
99442Telephone medical discussion with physician, 11-20 minutes795$42.8K$53.852.40x

Markup Analysis

Charge-to-Payment Ratio

1.99x

This provider submits charges 1.99 times higher than what Medicare actually pays.

What This Means

A markup ratio of 1.99x means for every $100 Medicare pays, this provider initially charges $199. This is lower than the national average.

Location

Hobart, IN

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.

Believe this data is inaccurate? Dispute this data