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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. Adam Martidis
๐Ÿ‘๏ธ
MDIndividual

Adam Martidis, MD

NPI: 1881697910
Colorado Springs, CO
10 years of data
Ophthalmology
$14.0M
Total Payments
160
Beneficiaries
179.6K
Services
4.01x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$14.0M
Specialty median$383.7K

๐Ÿ“‹ Key Findings

1Billed $14.0M over 10 years
24.01x markup ratio (above median)
399th percentile in Ophthalmology by payments
472 services/day โ€” unusually high
5Payments surged 138% in 2020
617 procedures with >3x markup

This provider averages 72 services per working day

Based on 179.6K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $14.0M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 72 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 482% 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 138% in 2020

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$202.95$70.042.90x$132.91$588.9K8.4K18
2015$213.19$70.353.03x$142.84$617.4K8.8K17
2016$205.84$65.673.13x$140.17$559.3K8.5K14
2017$205.02$62.503.28x$142.52$570.6K9.1K19
2018$226.29$71.853.15x$154.44$696.3K9.7K15
2019$218.83$69.663.14x$149.17$636.0K9.1K15
2020$596.72$150.233.97x$446.49$1.5M10.1K17
2021$804.59$188.754.26x$615.84$2.4M12.6K17
2022$605.87$135.694.47x$470.18$3.0M22.3K14
2023$187.65$42.384.43x$145.27$3.4M80.9K14

Top Procedures (20)

J0178Injection, aflibercept, 1 mgโš  4.1x markup
$3.5M
4.9K services$722.42/svc4.10x markup
J2777Injection, faricimab-svoa, 0.1 mgโš  4.0x markup
$2.3M
80.8K services$29.05/svc4.00x markup
J2778Injection, ranibizumab, 0.1 mgโš  5.5x markup
$2.2M
9.6K services$226.81/svc5.45x markup
67028Injection of drug into eyeโš  4.3x markup
$935.2K
10.1K services$92.45/svc4.32x markup
92134Imaging of retinaโš  3.3x markup
$824.8K
24.5K services$33.67/svc3.30x markup
99214Established patient office or other outpatient, visit typically 25 minutesโš  3.1x markup
$680.0K
8.4K services$80.75/svc3.09x markup
92014Established patient complete exam of visual systemโš  3.6x markup
$612.3K
6.5K services$94.45/svc3.60x markup
92012Established patient problem focused exam of visual systemโš  3.0x markup
$513.4K
7.4K services$69.41/svc3.01x markup
92235Exam of retinal blood vessels using a special camera after injection of a dyeโš  3.4x markup
$424.2K
4.6K services$92.47/svc3.41x markup
67041Removal of membrane from the retina
$376.6K
373 services$1.0K/svc2.96x markup
67113Complex repair of detached retina and drainage of eye fluid between lens and retinaโš  3.1x markup
$286.7K
259 services$1.1K/svc3.08x markup
J7999Compounded drug, not otherwise classified
$260.8K
4.1K services$63.82/svc2.73x markup
92250Photography of the retinaโš  4.3x markup
$220.7K
5.1K services$43.31/svc4.26x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retinaโš  3.5x markup
$184.1K
187 services$984.58/svc3.50x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retinaโš  3.9x markup
$130.4K
133 services$980.82/svc3.94x markup
99204New patient office or other outpatient visit, 45-59 minutesโš  3.9x markup
$122.2K
1.0K services$118.53/svc3.94x markup
67040Laser destruction of eye fluid (vitreous) between the lens and retina, all of the retinaโš  3.4x markup
$87.6K
98 services$893.40/svc3.41x markup
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visitsโš  3.4x markup
$58.7K
548 services$107.20/svc3.35x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$54.6K
343 services$159.28/svc2.90x markup
67036Removal of eye fluid (vitreous) between lens and retinaโš  3.8x markup
$50.2K
70 services$716.69/svc3.83x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg4.9K$3.5M$722.424.10x
J2777Injection, faricimab-svoa, 0.1 mg80.8K$2.3M$29.054.00x
J2778Injection, ranibizumab, 0.1 mg9.6K$2.2M$226.815.45x
67028Injection of drug into eye10.1K$935.2K$92.454.32x
92134Imaging of retina24.5K$824.8K$33.673.30x
99214Established patient office or other outpatient, visit typically 25 minutes8.4K$680.0K$80.753.09x
92014Established patient complete exam of visual system6.5K$612.3K$94.453.60x
92012Established patient problem focused exam of visual system7.4K$513.4K$69.413.01x
92235Exam of retinal blood vessels using a special camera after injection of a dye4.6K$424.2K$92.473.41x
67041Removal of membrane from the retina373$376.6K$1.0K2.96x
67113Complex repair of detached retina and drainage of eye fluid between lens and retina259$286.7K$1.1K3.08x
J7999Compounded drug, not otherwise classified4.1K$260.8K$63.822.73x
92250Photography of the retina5.1K$220.7K$43.314.26x
67042Removal of membrane of retina with removal of internal limiting membrane of retina187$184.1K$984.583.50x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina133$130.4K$980.823.94x
99204New patient office or other outpatient visit, 45-59 minutes1.0K$122.2K$118.533.94x
67040Laser destruction of eye fluid (vitreous) between the lens and retina, all of the retina98$87.6K$893.403.41x
92004Eye and medical examination for diagnosis and treatment, new patient, 1 or more visits548$58.7K$107.203.35x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg343$54.6K$159.282.90x
67036Removal of eye fluid (vitreous) between lens and retina70$50.2K$716.693.83x

Markup Analysis

Charge-to-Payment Ratio

4.01x

This provider submits charges 4.01 times higher than what Medicare actually pays.

What This Means

A markup ratio of 4.01x means for every $100 Medicare pays, this provider initially charges $401. This is higher than the national average.

Location

Colorado Springs, CO

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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