OpenMedicare
Start Here
Explore
Fraud
Investigations
Data
Tools
About

Footer

OpenMedicare

Independent Medicare data journalism

Sister Sites

  • OpenMedicaid
  • OpenFeds
  • OpenSpending

Explore

  • Providers
  • Procedures
  • States
  • Specialties
  • Search

Fraud Analysis

  • Still Out There (AI)
  • Fraud Overview
  • Fraud Watchlist
  • Deep Dive Profiles
  • Impossible Numbers
  • Report Fraud

Investigations

  • The Algorithm Knows
  • How We Built the Model
  • Internal Medicine Crisis
  • Florida & California Fraud
  • Million Dollar Flagged
  • All Investigations

Tools

  • Provider Lookup
  • Compare
  • Cost Calculator
  • Your Medicare Dollar
  • Downloads

About

  • About OpenMedicare
  • Methodology
  • Glossary
  • Data Sources
  • API Docs
  • Updates
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.
Sister Sites: OpenMedicaid ยท OpenFeds ยท OpenSpending

ยฉ 2026 OpenMedicare. Independent data journalism. Built by TheDataProject.ai

Methodologyโ€ขDownload Data
  1. Home
  2. Providers
  3. Michael Wadzinski
๐Ÿ‘๏ธ
MDIndividual

Michael Wadzinski, M.D.

NPI: 1982674297
Sioux City, IA
10 years of data
Ophthalmology
$37.7M
Total Payments
231
Beneficiaries
245.0K
Services
1.59x
Markup Ratio

Peer Comparison

99th
percentile in specialty
This provider$37.7M
Specialty median$383.7K
Rank #132 of 189 in specialty

๐Ÿ“‹ Key Findings

1Billed $37.7M over 10 years
21.59x markup ratio
399th percentile in Ophthalmology by payments
498 services/day โ€” unusually high

This provider averages 98 services per working day

Based on 245.0K total services over 10 years (250 working days/year). Learn about impossible service volumes โ†’

๐Ÿ”Ž Data Analysis

This provider's $37.7M in total Medicare payments ranks in the 99th percentile of Ophthalmology providers nationally.

Averaging 98 services per working day raises questions about billing patterns.

Medicare payments to this provider grew 102% 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

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$201.25$135.831.48x$65.42$2.4M17.3K23
2015$221.98$155.211.43x$66.77$2.8M18.3K22
2016$237.24$166.911.42x$70.33$3.3M19.9K24
2017$233.64$169.701.38x$63.94$3.7M21.6K27
2018$276.14$201.031.37x$75.11$4.1M20.2K26
2019$335.42$214.641.56x$120.78$4.6M21.2K24
2020$379.87$215.891.76x$163.98$4.0M18.5K25
2021$414.46$231.931.79x$182.53$4.2M17.9K22
2022$371.62$201.411.85x$170.21$4.0M20.0K20
2023$117.76$68.021.73x$49.74$4.8M70.1K18

Top Procedures (20)

J0178Injection, aflibercept, 1 mg
$18.7M
25.3K services$737.79/svc1.44x markup
J2778Injection, ranibizumab, 0.1 mg
$8.9M
31.6K services$281.61/svc1.51x markup
67028Injection of drug into eye
$2.8M
34.4K services$81.33/svc2.40x markup
J2777Injection, faricimab-svoa, 0.1 mg
$1.7M
59.6K services$29.00/svc1.38x markup
92134Imaging of retina
$1.3M
42.6K services$29.54/svc2.32x markup
J3590Unclassified biologics
$966.9K
13.9K services$69.56/svc1.62x markup
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg
$562.9K
3.6K services$156.13/svc1.43x markup
92012Established patient problem focused exam of visual system
$502.0K
8.9K services$56.50/svc2.14x markup
J0179Injection, brolucizumab-dbll, 1 mg
$380.5K
1.6K services$243.31/svc1.40x markup
92004New patient complete exam of visual system
$256.4K
2.5K services$100.74/svc2.18x markup
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg
$252.8K
1.5K services$172.45/svc1.46x markup
67145Photocoagulation treatment to prevent detachment of retina
$200.6K
559 services$358.92/svc2.24x markup
92014Established patient complete exam of visual system
$186.1K
2.4K services$77.82/svc2.17x markup
J7999Compounded drug, not otherwise classified
$173.8K
3.3K services$53.26/svc1.54x markup
J7313Injection, fluocinolone acetonide, intravitreal implant, 0.01 mg
$133.5K
361 services$369.87/svc1.36x markup
67228Destruction of leaking blood vessels of retina using laser
$124.2K
366 services$339.46/svc1.93x markup
99204New patient office or other outpatient visit, 45-59 minutes
$121.8K
1.1K services$114.59/svc1.84x markup
99214Established patient office or other outpatient visit, 30-39 minutes
$83.0K
974 services$85.21/svc1.88x markup
67042Removal of membrane of retina with removal of internal limiting membrane of retina
$79.6K
90 services$884.14/svc2.17x markup
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina
$79.1K
90 services$878.39/svc2.79x markup
Show detailed table โ–พ
CodeDescriptionServicesPaymentsAvg/ServiceMarkup
J0178Injection, aflibercept, 1 mg25.3K$18.7M$737.791.44x
J2778Injection, ranibizumab, 0.1 mg31.6K$8.9M$281.611.51x
67028Injection of drug into eye34.4K$2.8M$81.332.40x
J2777Injection, faricimab-svoa, 0.1 mg59.6K$1.7M$29.001.38x
92134Imaging of retina42.6K$1.3M$29.542.32x
J3590Unclassified biologics13.9K$966.9K$69.561.62x
J7312Injection, dexamethasone, intravitreal implant, 0.1 mg3.6K$562.9K$156.131.43x
92012Established patient problem focused exam of visual system8.9K$502.0K$56.502.14x
J0179Injection, brolucizumab-dbll, 1 mg1.6K$380.5K$243.311.40x
92004New patient complete exam of visual system2.5K$256.4K$100.742.18x
Q5124Injection, ranibizumab-nuna, biosimilar, (byooviz), 0.1 mg1.5K$252.8K$172.451.46x
67145Photocoagulation treatment to prevent detachment of retina559$200.6K$358.922.24x
92014Established patient complete exam of visual system2.4K$186.1K$77.822.17x
J7999Compounded drug, not otherwise classified3.3K$173.8K$53.261.54x
J7313Injection, fluocinolone acetonide, intravitreal implant, 0.01 mg361$133.5K$369.871.36x
67228Destruction of leaking blood vessels of retina using laser366$124.2K$339.461.93x
99204New patient office or other outpatient visit, 45-59 minutes1.1K$121.8K$114.591.84x
99214Established patient office or other outpatient visit, 30-39 minutes974$83.0K$85.211.88x
67042Removal of membrane of retina with removal of internal limiting membrane of retina90$79.6K$884.142.17x
67108Repair of detached retina with drainage and removal of eye fluid between lens and retina90$79.1K$878.392.79x

Markup Analysis

Charge-to-Payment Ratio

1.59x

This provider submits charges 1.59 times higher than what Medicare actually pays.

What This Means

A markup ratio of 1.59x means for every $100 Medicare pays, this provider initially charges $159. This is lower than the national average.

Location

Sioux City, IA

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 IA for peer comparison.

Michael Wadzinski (you)
$37.7M
Kyle Alliman, M.D.
$83.3M
David Saggau, MD
$73.8M
Jared Nielsen, M.D., M.S.
$68.1M
Alex Kartvelishvili, M.D.
$45.0M
Show detailed table โ–พ
ProviderLocationTotal PaymentsStatus
Kyle Alliman, M.D.West Des Moines, IA$83.3Mโœ“ Clear
David Saggau, MDWest Des Moines, IA$73.8Mโœ“ Clear
Jared Nielsen, M.D., M.S.West Des Moines, IA$68.1Mโœ“ Clear
Alex Kartvelishvili, M.D.Iowa City, IA$45.0Mโœ“ Clear

Related

Browse
โ† Back to Provider Directory
State
All providers in IA โ†’
Specialty
All Ophthalmology providers โ†’
Tool
Compare this provider โ†’
Analysis
Fraud Watchlist โ†’
Search
Search all providers โ†’

Share This Provider

Share this provider's Medicare payment information

Share:

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