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Data Sources: Centers for Medicare & Medicaid Services (CMS), Medicare Provider Utilization and Payment Data
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Methodology•Download Data
  1. Home
  2. Providers
  3. Nicholas Anderson
👁️
MDIndividual

Nicholas Anderson, M.D.

NPI: 1972509297
Knoxville, TN
10 years of data
Ophthalmology
$29.1M
Total Payments
175
Beneficiaries
195.5K
Services
3.89x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$29.1M
Specialty median$383.7K

📋 Key Findings

1Billed $29.1M over 10 years
23.89x markup ratio (above median)
399th percentile in Ophthalmology by payments
478 services/day — unusually high
59 procedures with >3x markup

This provider averages 78 services per working day

Based on 195.5K total services over 10 years (250 working days/year). Learn about impossible service volumes →

🔎 Data Analysis

This provider's $29.1M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 78 services per working day raises questions about billing patterns.

61% of their billing comes from a single procedure code (J2778 — Injection, ranibizumab, 0.1 mg).

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 — the gap represents the markup.

YearAvg SubmittedAvg PaidMarkup RatioGap per ServiceTotal PaymentsServicesBeneficiaries
2014$548.20$157.163.49x$391.04$2.7M17.4K18
2015$601.33$172.963.48x$428.37$3.1M18.1K17
2016$596.74$166.283.59x$430.46$3.2M19.4K18
2017$626.94$166.583.76x$460.36$2.8M16.9K18
2018$672.95$179.053.76x$493.90$3.1M17.2K17
2019$710.52$183.463.87x$527.06$3.0M16.6K18
2020$745.88$186.564.00x$559.32$2.9M15.3K18
2021$736.52$178.314.13x$558.21$2.7M15.3K17
2022$495.68$117.654.21x$378.03$2.4M20.5K17
2023$363.25$77.754.67x$285.50$3.0M38.7K17

Top Procedures (20)

J2778Injection, ranibizumab, 0.1 mg
$17.6M
64.4K services$273.81/svc2.92x markup
J0178Injection, aflibercept, 1 mg
$4.7M
6.7K services$700.08/svc2.86x markup
67028Injection of drug into eye⚠ 15.6x markup
$1.4M
17.3K services$80.67/svc15.55x markup
92134Imaging of retina⚠ 11.7x markup
$1.0M
34.9K services$28.77/svc11.68x markup
J2777Injection, faricimab-svoa, 0.1 mg
$945.8K
32.8K services$28.82/svc2.59x markup
92014Established patient complete exam of visual system
$931.4K
11.4K services$81.78/svc2.57x markup
92012Eye and medical examination for diagnosis and treatment, established patient
$551.2K
9.5K services$57.90/svc2.71x markup
J3490Unclassified drugs⚠ 6.1x markup
$355.1K
210 services$1.7K/svc6.07x markup
92235Exam of retinal blood vessels using a special camera after injection of a dye⚠ 4.6x markup
$270.2K
3.6K services$74.78/svc4.61x markup
99213Established patient office or other outpatient visit, 20-29 minutes
$182.9K
3.1K services$59.37/svc2.63x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina⚠ 5.9x markup
$178.2K
197 services$904.79/svc5.92x markup
99204New patient office or other outpatient visit, 45-59 minutes
$174.9K
1.6K services$112.00/svc2.67x markup
J3590Unclassified biologics
$172.9K
95 services$1.8K/svc2.42x markup
J9035Injection, bevacizumab, 10 mg⚠ 4.0x markup
$164.1K
2.9K services$56.80/svc4.02x markup
92250Photography of the retina⚠ 3.5x markup
$87.4K
2.0K services$43.40/svc3.53x markup
J2781Injection, pegcetacoplan, intravitreal, 1 mg
$68.6K
570 services$120.36/svc2.33x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$60.0K
763 services$78.57/svc2.82x markup
92004New patient complete exam of visual system
$46.9K
452 services$103.72/svc2.89x markup
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions⚠ 7.5x markup
$41.7K
104 services$400.87/svc7.51x markup
765122d ultrasound scan of eye tissue and structures⚠ 8.7x markup
$24.5K
479 services$51.17/svc8.68x markup
Show detailed table ▾
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J2778Injection, ranibizumab, 0.1 mg64.4K$17.6M$273.812.92x
J0178Injection, aflibercept, 1 mg6.7K$4.7M$700.082.86x
67028Injection of drug into eye17.3K$1.4M$80.6715.55x
92134Imaging of retina34.9K$1.0M$28.7711.68x
J2777Injection, faricimab-svoa, 0.1 mg32.8K$945.8K$28.822.59x
92014Established patient complete exam of visual system11.4K$931.4K$81.782.57x
92012Eye and medical examination for diagnosis and treatment, established patient9.5K$551.2K$57.902.71x
J3490Unclassified drugs210$355.1K$1.7K6.07x
92235Exam of retinal blood vessels using a special camera after injection of a dye3.6K$270.2K$74.784.61x
99213Established patient office or other outpatient visit, 20-29 minutes3.1K$182.9K$59.372.63x
67042Removal of membrane of retina with removal of internal limiting membrane of retina197$178.2K$904.795.92x
99204New patient office or other outpatient visit, 45-59 minutes1.6K$174.9K$112.002.67x
J3590Unclassified biologics95$172.9K$1.8K2.42x
J9035Injection, bevacizumab, 10 mg2.9K$164.1K$56.804.02x
92250Photography of the retina2.0K$87.4K$43.403.53x
J2781Injection, pegcetacoplan, intravitreal, 1 mg570$68.6K$120.362.33x
99214Established patient office or other outpatient visit, 30-39 minutes763$60.0K$78.572.82x
92004New patient complete exam of visual system452$46.9K$103.722.89x
67228Laser destruction of leaking retinal blood vessels, 1 or more sessions104$41.7K$400.877.51x
765122d ultrasound scan of eye tissue and structures479$24.5K$51.178.68x

Markup Analysis

Charge-to-Payment Ratio

3.89x

This provider submits charges 3.89 times higher than what Medicare actually pays.

What This Means

A markup ratio of 3.89x means for every $100 Medicare pays, this provider initially charges $389. This is higher than the national average.

Location

Knoxville, TN

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 TN for peer comparison.

Nicholas Anderson (you)
$29.1M
Roy Wallace, MD
$48.8M
Carl Awh, M.D.
$48.0M
David Reichstein, M.D
$40.5M
Brandon Busbee, M.D.
$40.2M
Franco Recchia, MD
$39.8M
Show detailed table ▾
ProviderLocationTotal PaymentsStatus
Roy Wallace, MDNashville, TN$48.8M✓ Clear
Carl Awh, M.D.Nashville, TN$48.0M✓ Clear
David Reichstein, M.DNashville, TN$40.5M✓ Clear
Brandon Busbee, M.D.Nashville, TN$40.2M✓ Clear
Franco Recchia, MDNashville, TN$39.8M✓ 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