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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. Neal Palejwala
👁️
MDIndividual

Neal Palejwala, MD

NPI: 1871720755
Phoenix, AZ
10 years of data
Ophthalmology
$21.1M
Total Payments
163
Beneficiaries
142.7K
Services
2.41x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$21.1M
Specialty median$383.7K

📋 Key Findings

1Billed $21.1M over 10 years
22.41x markup ratio (above median)
399th percentile in Ophthalmology by payments
457 services/day — unusually high
5Payments surged 8254% in 2016
66 procedures with >3x markup

This provider averages 57 services per working day

Based on 142.7K total services over 10 years (250 working days/year). Learn about impossible service volumes →

🔎 Data Analysis

This provider's $21.1M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 57 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 159309% 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

📈

Notable: Payments increased 8254% in 2016

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$71.19$33.192.14x$38.00$2.8K843
2015$93.93$64.101.47x$29.83$12.6K1977
2016$215.64$159.301.35x$56.34$1.1M6.6K19
2017$233.11$174.081.34x$59.03$1.9M10.7K18
2018$238.39$179.121.33x$59.27$2.2M12.3K19
2019$251.37$186.321.35x$65.05$2.7M14.7K20
2020$333.23$193.781.72x$139.45$3.0M15.3K17
2021$600.18$185.793.23x$414.39$2.8M14.8K20
2022$555.04$160.983.45x$394.06$3.1M19.1K19
2023$319.73$90.933.52x$228.80$4.4M48.9K21

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$7.6M
10.5K services$724.87/svc2.40x markup
J2778Injection, ranibizumab, 0.1 mg
$6.4M
24.4K services$261.85/svc2.06x markup
67028Injection of drug into eye
$1.6M
18.1K services$87.07/svc2.76x markup
J2777Injection, faricimab-svoa, 0.1 mg⚠ 3.3x markup
$939.2K
32.3K services$29.09/svc3.27x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$915.9K
11.1K services$82.55/svc2.18x markup
J7999Compounded drug, not otherwise classified
$662.3K
9.8K services$67.35/svc2.80x markup
92134Imaging of retina
$615.8K
20.8K services$29.56/svc2.49x markup
99204New patient office or other outpatient visit, 45-59 minutes
$456.3K
3.9K services$116.24/svc2.33x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$319.2K
2.1K services$154.56/svc2.25x markup
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg⚠ 3.3x markup
$286.3K
1.3K services$216.86/svc3.32x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina
$251.0K
286 services$877.73/svc2.45x markup
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits
$163.9K
1.8K services$91.18/svc1.53x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina
$155.8K
173 services$900.42/svc2.59x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$154.5K
2.7K services$57.85/svc2.60x markup
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg⚠ 4.4x markup
$124.2K
725 services$171.37/svc4.38x markup
67036Removal of eye fluid (vitreous) between lens and retina⚠ 3.1x markup
$100.5K
157 services$639.84/svc3.10x markup
J3590Unclassified biologics⚠ 4.6x markup
$92.2K
53 services$1.7K/svc4.60x markup
J3490Unclassified drugs⚠ 4.6x markup
$72.5K
42 services$1.7K/svc4.63x markup
92235Exam of retinal blood vessels using a special camera after injection of a dye
$56.3K
686 services$82.08/svc2.10x markup
67145Photocoagulation treatment to prevent detachment of retina
$41.3K
123 services$336.03/svc2.70x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg10.5K$7.6M$724.872.40x
J2778Injection, ranibizumab, 0.1 mg24.4K$6.4M$261.852.06x
67028Injection of drug into eye18.1K$1.6M$87.072.76x
J2777Injection, faricimab-svoa, 0.1 mg32.3K$939.2K$29.093.27x
99214Established patient office or other outpatient visit, 30-39 minutes11.1K$915.9K$82.552.18x
J7999Compounded drug, not otherwise classified9.8K$662.3K$67.352.80x
92134Imaging of retina20.8K$615.8K$29.562.49x
99204New patient office or other outpatient visit, 45-59 minutes3.9K$456.3K$116.242.33x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg2.1K$319.2K$154.562.25x
Q5128Injection, ranibizumab-eqrn (cimerli), biosimilar, 0.1 mg1.3K$286.3K$216.863.32x
67042Removal of membrane of retina with removal of internal limiting membrane of retina286$251.0K$877.732.45x
92014Eye and medical examination for diagnosis and treatment, established patient, 1 or more visits1.8K$163.9K$91.181.53x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina173$155.8K$900.422.59x
99213Established patient office or other outpatient visit, 20-29 minutes2.7K$154.5K$57.852.60x
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg725$124.2K$171.374.38x
67036Removal of eye fluid (vitreous) between lens and retina157$100.5K$639.843.10x
J3590Unclassified biologics53$92.2K$1.7K4.60x
J3490Unclassified drugs42$72.5K$1.7K4.63x
92235Exam of retinal blood vessels using a special camera after injection of a dye686$56.3K$82.082.10x
67145Photocoagulation treatment to prevent detachment of retina123$41.3K$336.032.70x

Markup Analysis

Charge-to-Payment Ratio

2.41x

This provider submits charges 2.41 times higher than what Medicare actually pays.

What This Means

A markup ratio of 2.41x means for every $100 Medicare pays, this provider initially charges $241. This is higher than the national average.

Location

Phoenix, AZ

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 Ophthalmology providers in AZ for peer comparison.

Neal Palejwala (you)
$21.1M
Derek Kunimoto, MD
$68.3M
David Goldenberg, MD
$50.8M
Sachin Mehta, M.D.
$43.3M
Edward Quinlan, M.D.
$40.1M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Derek Kunimoto, MDMesa, AZ$68.3M✓ Clear
David Goldenberg, MDPhoenix, AZ$50.8M✓ Clear
Sachin Mehta, M.D.Phoenix, AZ$43.3M✓ Clear
Edward Quinlan, M.D.Phoenix, AZ$40.1M✓ Clear

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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.

Believe this data is inaccurate? Dispute this data