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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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Methodologyโ€ขDownload Data
  1. Home
  2. Providers
  3. Bdx Solutions, Inc.
๐Ÿฆท
Organization

Bdx Solutions, Inc.

NPI: 1932697729
New Providence, NJ
6 years of data
Independent Diagnostic Testing Facility (IDTF)
$33.6M
Total Payments
14
Beneficiaries
185.9K
Services
5.21x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$33.6M
Specialty median$350.9K
Rank #18 of 18 in specialty

๐Ÿ“‹ Key Findings

1Billed $33.6M over 6 years
25.21x markup ratio (above median)
399th percentile in Independent Diagnostic Testing Facility (IDTF) by payments
4Payments surged 607% in 2019
54 procedures with >3x markup
โœ“ No flags detected

๐Ÿ”Ž Data Analysis

This provider's $33.6M in total Medicare payments ranks in the 99th percentile of Independent Diagnostic Testing Facility (IDTF) providers nationally.

Their average markup ratio of 5.21x is significantly above the specialty median of 6.1x.

Medicare payments to this provider grew 3346% from 2018 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 607% 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
2018$895.00$243.163.68x$651.84$270.9K1.1K1
2019$885.60$239.253.70x$646.35$1.9M8.0K2
2020$878.39$269.493.26x$608.90$6.1M22.8K2
2021$954.13$94.8910.06x$859.24$4.6M48.8K3
2022$955.94$195.534.89x$760.41$11.3M58.0K3
2023$955.22$198.054.82x$757.17$9.3M47.1K3

Top Procedures (4)

93243Heart rhythm analysis and report of continous external ekg over more than 48 hours up to 7 daysโš  5.3x markup
$13.4M
80.0K services$167.64/svc5.34x markup
93247Heart rhythm analysis and report of continous external ekg over 8-15 daysโš  6.2x markup
$11.6M
65.7K services$176.73/svc6.20x markup
0297TAnalysis and report of external ekg recording for more than 48 hours up to 21 daysโš  3.3x markup
$8.3M
31.0K services$268.15/svc3.34x markup
93226Electrocardiogram (ecg) 2-day continuous with reportโš  12.3x markup
$318.4K
9.2K services$34.47/svc12.33x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
93243Heart rhythm analysis and report of continous external ekg over more than 48 hours up to 7 days80.0K$13.4M$167.645.34x
93247Heart rhythm analysis and report of continous external ekg over 8-15 days65.7K$11.6M$176.736.20x
0297TAnalysis and report of external ekg recording for more than 48 hours up to 21 days31.0K$8.3M$268.153.34x
93226Electrocardiogram (ecg) 2-day continuous with report9.2K$318.4K$34.4712.33x

Markup Analysis

Charge-to-Payment Ratio

5.21x

This provider submits charges 5.21 times higher than what Medicare actually pays.

What This Means

A markup ratio of 5.21x means for every $100 Medicare pays, this provider initially charges $521. This is higher than the national average.

Location

New Providence, NJ

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 Independent Diagnostic Testing Facility (IDTF) providers in NJ for peer comparison.

Bdx Solutions, Inc. (you)
$33.6M
Saint Barnabas Outpatient Centersโš ๏ธ
$35.7M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Saint Barnabas Outpatient CentersLivingston, NJ$35.7Mโš ๏ธ Flagged

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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