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    OpenPayerNPI Medicare & MedicaidVirginia Eye Institute Inc
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    Virginia Eye Institute Inc — Billing Profile & Reimbursement Data

    NPI 1053336602 · Richmond, VA · Ambulatory Surgical Clinic/Center

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    Virginia Eye Institute Inc is a ambulatory surgical clinic/center provider located in Richmond, Virginia. This profile covers 35 Medicare and 12 Medicaid CPT/HCPCS procedure codes, with claims volume, average reimbursement, and total revenue by code, benchmarked against other providers billing the same services.

    Provider details (source: NPPES NPI Registry)

    FieldValue
    Entity TypeOrganization
    OrganizationVirginia Eye Institute Inc
    Address402 Westhampton Sta
    CityRichmond
    StateVA
    ZIP23226
    TaxonomyAmbulatory Surgical Clinic/Center
    NPI EnumeratedJuly 13, 2006

    Lifetime revenue by payer source (source: CMS Medicare & Medicaid claims data)

    Payer SourceTotal Paid
    Medicare$4.8M
    Medicaid$696.2K

    Key Findings

    Business/service-line profile: The provider’s Medicare and Medicaid billings are dominated by ophthalmic surgical procedures, with a heavy emphasis on cataract surgery and related intraocular lens work (notably 66984 and 66982) and several glaucoma and retina procedures in the mix. High-paid supplies and tissue processing also appear in the Medicare mix (V2785), consistent with an ambulatory surgical clinic that manages both routine cataract throughput and more complex anterior/posterior segment cases.

    Medicare revenue concentration: Top surgical and ophthalmic therapy codes are heavily concentrated — the top 3 Medicare codes by revenue account for 71.7% of this provider's total Medicare revenue. In particular, 66984 generates $2.6M (55.7% of Medicare revenue), 65820 generates $467.5K (9.9%), and J1096 generates $289.9K (6.1%), signaling that a small set of procedures drives the majority of Medicare dollars for this clinic.

    Medicaid revenue concentration: Medicaid is even more concentrated in a narrow set of ophthalmic procedures — the top 3 Medicaid codes by revenue account for 94.4% of this provider's total Medicaid revenue. The Medicaid portfolio is dominated by 66984 at $527.3K (75.8%), followed by 66982 at $73.9K (10.6%) and 67228 at $55.1K (7.9%), indicating that cataract and retinal laser treatment comprise the vast majority of Medicaid activity.

    Payer mix and scale: The provider reports materially greater Medicare revenue ($4.8M) than Medicaid revenue ($696.2K), so while it serves both payers it is substantially Medicare-weighted in scale. Both payers appear active in surgical ophthalmology, but Medicare is the primary revenue source supporting the clinic’s throughput and higher-cost services.

    National competitive standing (Medicare): For several high-revenue Medicare codes the practice ranks well above typical national volumes — 66984 ranks #383 of 15965 (98th percentile; notably above typical national volume) and 66982 ranks #36 of 4580 (99th percentile). The pediatric glaucoma procedure 65820 is an extreme outlier nationally (rank #2 of 1249, 100th percentile), which suggests an unusually large concentration of that specific surgical case type relative to peers.

    State competitive standing (Medicaid): In-state comparisons show leading positions on several Medicaid codes: 66982 ranks #1 of 4 providers in-state (100th percentile) and 67228 ranks #1 of 2 providers in-state (100th percentile), while 66984 ranks #8 of 50 (86th percentile). These rankings indicate the clinic is a prominent provider of certain cataract and retinal services within Virginia Medicaid, though 66984 is more typical in-state than it is nationally.

    Statistical outliers and billing pattern flags: Multiple codes are flagged as unusually high relative to peers — 65820 on Medicare is described as an "extreme outlier, far above typical national volume" and several cataract/laser codes are "notably above typical" national volumes. On the Medicaid side there are large claim counts with $0 paid for G8918 (1.5K claims, $0 paid, ranks #1 of 16 in-state, labeled extreme outlier) and G8907 (1.4K claims, $0 paid, ranks #2 of 28 in-state), which may reflect reporting, encounter-only submissions, or payer-specific payment rules rather than clinical revenue.

    Tenure and continuity: The NPI was enumerated on 2006-07-13 (~20 years ago), indicating long-standing presence in the market. Combined with concentrated high volumes in core ophthalmic procedures, the data are consistent with an established ambulatory surgical clinic with sustained surgical throughput over time.

    Medicare: Total Revenue Breakdown by CPT/HCPCS Code

    Medicare revenue breakdown by CPT/HCPCS procedure code.

    View: Bar Chart1 / 2

    Medicare: Complete Services Breakdown

    The CPT/HCPCS codes generating the most Medicare revenue for this provider.

    35 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    66984The provider inserts an artificial lens after removing an extracapsular cataract by aspiration or use of ultrasonic waves. This procedure is done without the use of an endoscopic laser probe to…3,330$790$2.6M
    65820The provider incises the limbus to improve drainage of aqueous humor in the eye. This procedure is typically performed on children, usually to treat congenital glaucoma.320$1,470$467.5K
    J1096Dexamethasone, lacrimal ophthalmic insert, 0.1 mg2,930$100$289.9K
    66982The provider inserts an intraocular lens prosthesis after extracapsular cataract extraction using complex techniques and devices. He may perform this by means of an iris expansion device, providing…320$780$249.5K
    66821The provider removes the haziness from the capsule of the eye using a laser for a patient with a secondary membranous cataract.1,080$200$213.4K
    V2785Processing, preserving and transporting corneal tissue40$3,750$157.5K
    15823In this procedure, the provider surgically trims excessive skin that weighs down the upper eyelid, typically to improve the cosmetic appearance of the face and due to the interference of the tissue…230$500$115.2K
    67904The provider repairs a drooping eyelid by tightening the levator muscle that controls eyelid movement to improve cosmetic appearance or remove the obstruction to a patient’s vision. He accesses the…190$510$95.6K
    67042In this procedure, the provider removes vitreous humor, the gelatinous material that gives shape to the eye, using a mechanical cutting tool. He removes the internal limiting membrane of the retina…50$1,480$69.6K
    66174The provider expands the aqueous outflow (drainage) canal of the eye to help relieve pressure in the eye. The procedure does not include leaving a device or stent in place.40$1,490$59.5K

    Showing 1–10 of 35

    Medicare: Competitive Analysis & Benchmarks

    How this provider's Medicare billing volume and revenue compare to other providers nationally and within its state, across 35 CPT/HCPCS codes.

    View: State1 / 2

    Full comparison — all codes billed, vs. state median

    35 rows

    CPT/HCPCS CodeRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    J10964101,630$100$256.8K
    V278531040$3,750$146.1K
    6698437380250$130$139K
    6582014030$1,110$63.1K
    1582313050$530$34.5K
    6704252020$1,130$33.8K
    6617472040$890$33.7K
    6790412050$580$32.8K
    6575662020$1,090$29.5K
    6796631050$490$28.9K

    Showing 1–10 of 35

    Medicaid: Total Revenue Breakdown by CPT/HCPCS Code

    Medicaid revenue breakdown by year and by CPT/HCPCS procedure code, including monthly billing trends and the top codes driving revenue.

    View: By Year1 / 3

    Medicaid: Complete Services Breakdown

    Every CPT/HCPCS code this provider has billed to Medicaid, with claims volume, average payment, and total revenue.

    12 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    66984The provider inserts an artificial lens after removing an extracapsular cataract by aspiration or use of ultrasonic waves. This procedure is done without the use of an endoscopic laser probe to…2,080$250$527.3K
    66982The provider inserts an intraocular lens prosthesis after extracapsular cataract extraction using complex techniques and devices. He may perform this by means of an iris expansion device, providing…280$260$73.9K
    67228In retinopathy, tiny new vessels grow profusely and fibrous tissue proliferates in between the layers of the retina, which may extend into the optic nerve and vitreous, clear gel that fills the space…210$270$55.1K
    69436This procedure is a tympanostomy requiring the insertion of a ventilation tube under general anesthesia.30$640$21.3K
    42820The provider removes the tonsils and adenoids in a patient younger than 12 years old.20$660$12.5K
    66821The provider removes the haziness from the capsule of the eye using a laser for a patient with a secondary membranous cataract.30$110$3.1K
    V2100Sphere, single vision, plano to plus or minus 4.00, per lens30$70$2K
    V2020Frames, purchases30$10$410
    G8907Patient documented not to have experienced any of the following events: a burn prior to discharge; a fall within the facility; wrong site/side/patient/procedure/implant event; or a hospital transfer…1,380$0$0
    G8918Patient without preoperative order for iv antibiotic surgical site infection (ssi) prophylaxis1,520$0$0

    Showing 1–10 of 12

    Medicaid: Competitive Analysis & Benchmarks

    How this provider's Medicaid billing volume and revenue compare to other Virginia providers billing the same CPT/HCPCS codes.

    Full comparison — all codes billed, vs. Virginia median

    12 rows

    CPT/HCPCS CodeDescriptionRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    42820The provider removes the tonsils and adenoids in a patient younger than 12 years old.253050$1,670$401.7K
    69436This procedure is a tympanostomy requiring the insertion of a ventilation tube under general anesthesia.3450110$840$309.8K
    66984The provider inserts an artificial lens after removing an extracapsular cataract by aspiration or use of ultrasonic waves. This procedure is done without the use of an endoscopic laser probe to…850200$350$282.9K
    66982The provider inserts an intraocular lens prosthesis after extracapsular cataract extraction using complex techniques and devices. He may perform this by means of an iris expansion device, providing…110100$420$56.4K
    V2020Frames, purchases326400230$40$36.6K
    67228In retinopathy, tiny new vessels grow profusely and fibrous tissue proliferates in between the layers of the retina, which may extend into the optic nerve and vitreous, clear gel that fills the space…110110$280$31.4K
    V2100Sphere, single vision, plano to plus or minus 4.00, per lens287350160$30$19K
    66821The provider removes the haziness from the capsule of the eye using a laser for a patient with a secondary membranous cataract.410110$100$12.8K
    V2760Scratch resistant coating, per lens405040$10$2.2K
    G8918Patient without preoperative order for iv antibiotic surgical site infection (ssi) prophylaxis12070$1$20

    Showing 1–10 of 12

    Related Providers

    Other providers that share a Tax Identification Number (TIN) with Virginia Eye Institute Inc, ranked by combined Medicare and Medicaid revenue.

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    David JacobsVAOphthalmology Physician$4M$0
    Byron LaddVAOphthalmology Physician$3.8M$0
    Ryan DeasyVAOphthalmology Physician$3.3M$0
    Jeffrey SlottVAOphthalmology Physician$2.6M$0
    Philip CofoidTXOphthalmology Physician$510.3K$0
    Seth KrawitzVAOphthalmology Physician$484K$0
    Grover RobinsonVAOphthalmology Physician$468.5K$0
    Robert KnapeVAOphthalmology Physician$467.9K$0
    Francis LarosaVAOphthalmology Physician$432.1K$0
    Theodore WuVAOphthalmology Physician$428.6K$0

    Nearby Providers

    Other providers in the same ZIP code as Virginia Eye Institute Inc, ranked by combined Medicare and Medicaid revenue.

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    Home Care Delivered, Inc.VADurable Medical Equipment & Medical Supplies$0$309.5M
    Bon Secours St. Mary's Hospital Of Richmond LLCVAGeneral Acute Care Hospital$0$83.1M
    Cep America, LLCVAEmergency Medicine Physician$0$9.7M
    Richmond Emergency Physicians, Inc.VASpecialist$0$7.9M
    At Home Care Staffing-richmondVAHome Health Agency$0$5.6M
    St. Mary's Ambulatory Surgery Center, LLCVAAmbulatory Surgical Clinic/Center$1.6M$0
    Cataract And Refractive Surgery Center, LLCVAAmbulatory Surgical Clinic/Center$1.1M$461.6K
    Darryn AppletonVAInterventional Cardiology Physician$590.5K$0
    Jed VanichkachornVAOrthopaedic Surgery of the Spine Physician$557.2K$0
    Christopher ThomasVACardiovascular Disease Physician$528.7K$0

    Frequently Asked Questions

    References

    1. 1.Medicare Physician & Other Practitioner by Provider and Service. CMS.gov.Provider-level Medicare Part B utilization and payment data.
    2. 2.NPPES NPI Registry. CMS.gov.National Provider Identifier registry used for provider enumeration and taxonomy metadata.

    Trek Health ingests and normalizes Transparency in Coverage data and payer policy updates to give provider organizations a clear view of how commercial reimbursement behaves across markets, payers, and services. Our platform transforms raw payer disclosures into structured intelligence that supports contract evaluation, payer negotiations, and service line strategy. By combining market benchmarks with ongoing policy visibility, Trek helps teams identify variability, risk, and opportunity in commercial reimbursement. The result is faster insight, stronger negotiating positions, and more informed financial decisions.

    Medicare Revenue by CPT/HCPCS Code
    Claims Volume vs. Virginia Distribution
    Virginia Eye Institute Inc — 8 of 25 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — Virginia
    Medicaid Revenue by Year vs. Virginia Providers
    0 of 7 years billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Claims Volume vs. Virginia Distribution
    Virginia Eye Institute Inc — 2 of 8 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — Virginia