Retina Specialist in Indiana
21 providers, $813,802 in total reported payments from drug and device makers. Ranked below by lifetime general payments. The median provider in this group received $1,015.
Ranking high here usually means a consulting or royalty arrangement, not wrongdoing. Payments to device inventors and trial investigators are legal, disclosed, and concentrated in a small number of people — which is exactly why a list like this has a steep top and a long flat tail.
What Medicare pays retina specialist clinicians in Indiana
Across 18 retina specialist clinicians in Indiana who billed Original Medicare Part B in 2024, Medicare allowed $47,448,808 in total — an average of $2,636,045 each, of which $462,603 was for services and the rest for drugs administered in the office.
This is not a salary. 82% of this figure is the cost of drugs administered in the office — chemotherapy, infusions and injections that Part B pays for and the practice has already bought. That money passes through; it is not earnings. The rest is what Medicare allowed for services these clinicians billed — Original Medicare fee-for-service only. It excludes Medicare Advantage, which now covers more than half of Medicare enrollees, along with Medicaid and every commercial insurer, so for most clinicians it is a fraction of their practice. It is also gross revenue: staff, rent, supplies and malpractice premiums all come out of it before anyone is paid. Anyone quoting a figure like this as physician pay is misreading it.
Ranked by reported payments
- 1Ankur ShahCarmel$569,223
- 2Raj MaturiCarmel$99,755
- 3Ramana MoorthyCarmel$61,497
- 4Milan ShahCarmel$34,700
- 5Rodney BucherCarmel$29,730
- 6Frank HrisomalosIndianapolis$3,548
- 7Melih UstaogluTerre Haute$3,542
- 8Howard LazarusNew Albany$2,991
- 9Julia HudsonCarmel$2,990
- 10Steven VirataLafayette$1,286
- 11Alexander IzadTerre Haute$1,015
- 12Aaditya ShahMerrillville$818
- 13Stephen SaxeCarmel$610
- 14Frederick PrallCarmel$475
- 15Mark KaehrCarmel$451
- 16Theodore StranskyEvansville$319
- 17Nicholas HrisomalosIndianapolis$274
- 18Scott RichardsFort Wayne$257
- 19John MinturnCarmel$133
- 20Denis JusufbegovicCarmel$123
- 21Prince SamuelEvansville$61