Medicare Enrolled

Dr. Rick Peterson, O.D.

Optometrist · Crestwood, IL
Practice pattern: Cardiac Surgery — Surgically focused practice
Low-engagement
5553 127TH ST, Crestwood, IL 60445
7083715160
In practice since 2006 (19 years)
NPI: 1841381340 verify on NPPES ↗
Very High
DATA COVERAGE
Data in 4 of 4 federal sources
Measures public federal data availability — not provider quality
Informational, not a quality rating. This page presents federal public records about Dr. Peterson from CMS (NPPES, Open Payments, Medicare Provider Utilization, PECOS). It is not medical advice, an endorsement, or a judgment of clinical quality. Always consult the provider directly and a licensed clinician for medical decisions. Read methodology →
Are you Dr. Peterson? Request a correction or review of any data shown here. Provider portal →

What this data tells you about Dr. Peterson

Dr. Rick Peterson is an optometrist in Crestwood, IL, with 19 years of NPI registration. Based on federal Medicare data, Dr. Peterson performed 2,681 Medicare services across 858 unique beneficiaries.

Between the years covered by Open Payments, Dr. Peterson received a total of $10,421 from 18 pharmaceutical and/or device companies across 146 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in optometrist. Most payments are for meals and travel — low-value interactions common across virtually all practicing physicians. Patients may wish to discuss these relationships with their provider.

The Data Coverage level for Dr. Peterson is Very High — reflecting how much public federal data is available about this provider. Patients are encouraged to use this data as one of several factors when choosing a healthcare provider.

✓ 19 years in practice ▲ Top 13% volume in IL $10,421 industry payments

Medicare Practice Summary

Medicare Utilization ↗
2,681
Medicare services
Top 13% in IL for optometrist
858
Unique beneficiaries
$23
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →
~141 Medicare services per year of practice

Top procedures by volume

Ranked by number of services performed for Medicare patients. Avg. submitted charge is what the provider billed; avg. Medicare payment is what CMS paid.

Procedure Volume Avg. paid Avg. submitted
Cataract surgery with lens implant
Surgical removal of the clouded natural lens of the eye and replacement with an artificial prosthetic lens to restore vision.
1,653 $1 $2
Office visit, established patient (30-39 min)
A follow-up office visit for an existing patient lasting between 30 and 39 minutes. The visit involves medical evaluation and management of the patient's condition.
403 $90 $153
Retinal imaging (OCT scan)
This procedure involves imaging the retina to visualize its structure. It is used to examine the back of the eye.
348 $26 $55
Office visit, established patient (20-29 min)
An office visit for an existing patient lasting between 20 and 29 minutes. The visit involves medical evaluation and management of the patient's condition.
142 $70 $110
Retinal photography (fundus photo)
This procedure involves taking photographs of the retina, the light-sensitive tissue at the back of the eye. It is used to document the condition of the eye's interior structures.
63 $25 $55
Optic nerve imaging (OCT scan)
Imaging of the optic nerve.
55 $22 $51
New patient office visit (45-59 min)
An initial office visit for a new patient lasting between 45 and 59 minutes. This code covers the total time spent by the physician or qualified healthcare professional on the date of the encounter.
17 $123 $199
How to read this data: This reflects Medicare patients only (typically 65+). Payment amounts are what Medicare paid the provider, not your out-of-pocket cost. A higher procedure volume generally indicates more experience with that procedure.
61.7% high complexity
15.0% medium
23.3% routine

Industry Payment Transparency

Open Payments through 2024 ↗
$10,421
Total received (2018-2024)
Avg $1,489/year across 7 years
Top 2% in IL for optometrist
A higher payment rank reflects disclosed industry relationships (consulting, research, speaking) common among subspecialists — not wrongdoing.
18
Companies
146
Individual payments
All payments are legal and publicly reported · Not evidence of wrongdoing · How to interpret →

Payment profile

Industry payments classified by relationship type. Not all payments are equal — research and consulting reflect different relationships than speaking programs or meals.

Meals & Travel
Food, beverages, travel, and lodging — typically low-value
$6,172 (59.2%)
Speaking / Promotional
Speaker programs, honoraria, and industry-sponsored educational events
$4,100 (39.3%)
Consulting
Expert advisory fees, typically reflecting recognized clinical expertise
$150 (1.4%)

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$451
2023
$1,233
2022
$1,060
2021
$725
2020
$212
2019
$2,924
2018
$3,816

Payments by company (2024)

Consulting
Speaking
Meals & Travel
Research
Alcon Vision LLC
$282
CooperVision Inc.
$169
Top 3 companies account for 100.0% of 2024 payments
All-time payments by company (2018-2024) ›
CooperVision Inc.
$6,955
Alcon Vision LLC
$1,732
Bausch & Lomb Americas Inc.
$319
ABB Con-Cise Optical Group LLC
$151
Carl Zeiss Meditec, Inc.
$150
Glaukos Corporation
$145
Visioneering Technologies, Inc.
$145
Sight Sciences, Inc.
$142
Carl Zeiss Meditec USA, Inc.
$119
Shire North American Group Inc
$109
MacuLogix, Inc.
$73
Eyevance Pharmaceuticals LLC
$68
Bausch & Lomb, a division of Bausch Health US, LLC
$64
ABBVIE INC.
$63
Johnson & Johnson Vision Care, Inc.
$59
EYEVANCE PHARMACEUTICALS LLC
$59
Johnson & Johnson Surgical Vision, Inc.
$47
Marco Ophthalmic, Inc.
$20
Top 3 companies account for 86.4% of all-time payments
Associated products mentioned in payments ›
Acuvue · AdaptDx · BIOTRUE · Biofinity Contact Lens · Clariti Contact Lens · Contact Lens · DAILIES · Flarex · IDESIGN RS · ILUX · INFUSE · ISTENT TRABECULAR MICRO-BYPASS STENT SYSTEM · MARLO · Multiple Brands Contact Lens · MyDay Contact Lens · Non-Product Brand Specific · OMNI(R) SURGICAL SYSTEM (US) · OPD-III · Precision 1 · SPECTACLE LENSES · TECNIS IOL · TOTAL30 · TearCare · TobraDex ST · VisuMax · Wavelight · XIIDRA · Zerviate
Should you be concerned? Payments from pharmaceutical and device companies are legal and common — 57% of U.S. physicians receive at least one. They often reflect legitimate consulting, research, or education. What matters is whether a recommended drug or device appears in your doctor's payment records. If so, consider asking your doctor about it. How to interpret this data →

Most payments (59%) are for meals and travel — low-value interactions that are common across virtually all practicing physicians. Total industry engagement is in the top 2% for optometrist in IL.

Looking for an optometrist in Crestwood?
Compare optometrists in the Crestwood area by procedure volume, costs, and industry payment transparency.
Browse optometrists nearby

Geographic Context

Optometrists within 10 mi
1,233
Per 100K population
23.8
County median income
$81,797
Nearest hospital
PALOS COMMUNITY HOSPITAL
3.7 mi

Data Sources

Provider Registry NPPES Weekly updates
Medicare Enrollment PECOS Monthly updates
Practice Data Medicare Util. Annual (CY lag)
Industry Payments Open Payments CY 2024
Disciplinary History — Not public N/A

This provider has data in 4 of 4 available federal datasets, with a Data Coverage level of Very High. This reflects how much public data is available about a provider. How we calculate this →

Summary

Dr. Peterson is a cardiac surgery specialist, with above-average Medicare volume (top 13% in IL), with low-engagement industry engagement in the top 2% of IL peers, with 19 years of NPI registration.

This summary is auto-generated from federal data, describing data availability and patterns. Read our methodology →

Frequently Asked Questions

Is Dr. Peterson experienced with cataract surgery with lens implant?
Based on Medicare claims data, Dr. Peterson performed 1,653 cataract surgery with lens implant services. Research suggests that higher procedure volume is often associated with better outcomes, particularly for complex procedures. Note that Medicare data only captures patients aged 65 and older, so the total practice volume across all patients is likely higher.
Does Dr. Peterson receive payments from pharmaceutical companies?
Yes. Dr. Peterson received a total of $10,421 from 18 companies across 146 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common among physicians — 57% of all U.S. physicians receive at least one industry payment. Patients may wish to ask their doctor about these relationships, especially if a recommended drug or device appears in the payment records.
How do Dr. Peterson's costs compare to other optometrists in Crestwood?
Dr. Peterson's average Medicare payment per service is $23. Note that these figures represent what Medicare pays, not your out-of-pocket cost, which depends on your specific insurance plan and deductible. Procedure-level data above shows both what was submitted and what Medicare paid for each service type.
What does Data Coverage mean?
Data Coverage (currently Very High for Dr. Peterson) measures how much public federal data is available about a provider. It is not a quality rating. A "Very High" or "High" level means the provider has data across multiple federal sources (NPPES, PECOS, Medicare Utilization, Open Payments), indicating a long track record of practice, Medicare participation, and industry disclosure. A "Low" or "Moderate" level may simply mean the provider is newer, does not see Medicare patients, or has not received any industry payments — none of which are inherently negative. Read our full methodology →
Is this data up to date?
Each data source has its own update cycle. Provider registry data (NPPES) is updated weekly. Medicare enrollment (PECOS) is updated monthly. Medicare practice data has a ~2 year lag — the most recent available is typically 2 years prior. Industry payment data (Open Payments) is published annually, usually in June, covering the prior calendar year. We display the data date prominently on each section so you always know how current it is. See our data freshness policy →
About this page

All data on this page is sourced verbatim from public federal records published by the U.S. Centers for Medicare & Medicaid Services (CMS): NPPES ↗, Open Payments ↗, Medicare Provider Utilization ↗, and PECOS. Publication is mandated by the Physician Payments Sunshine Act (§6002 ACA, 42 U.S.C. §1320a-7h) and the Freedom of Information Act.

This page is not medical advice, an endorsement, a recommendation, or a quality rating. Data Coverage reflects data completeness — how much federal information exists for this provider — not clinical performance, patient outcomes, or quality of care. Always verify information directly with the provider and consult a licensed clinician before making medical decisions.

Provider corrections: Provider portal · Privacy questions: Privacy Policy · Terms: Terms of Use · Methodology: Methodology

Data Disclaimer — Data sourced from the Centers for Medicare & Medicaid Services (CMS): National Plan and Provider Enumeration System (NPPES), Open Payments program, Medicare Provider Utilization and Payment Data, and Provider Enrollment & Certification data (PECOS). Published under the Freedom of Information Act (FOIA). This website is not affiliated with, endorsed by, or authorized by CMS, HHS, or the U.S. Government. Data may contain errors as reported to CMS by providers and reporting entities. Payments from industry are legal and do not indicate wrongdoing. Medicare data reflects only patients aged 65+ or those with qualifying disabilities. For corrections, contact CMS directly. This information does not constitute medical advice and should not be used as the sole basis for choosing a healthcare provider. Procedure descriptions use plain language and do not reference CPT® codes, which are copyrighted by the American Medical Association. Full methodology → · Report a data error → · Privacy policy →