Medicare Enrolled

Dr. Peter Rantis, M.D.

Optician · Hoffman Estates, IL
Practice pattern: Clinical Cardiology — Primarily office-based clinical cardiology
Speaking/Promotional
4885 HOFFMAN BLVD, Hoffman Estates, IL 60192
8472559697
In practice since 2006 (20 years)
NPI: 1306806682 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. Rantis 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 →
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What this data tells you about Dr. Rantis

Dr. Peter Rantis is an optician specialist in Hoffman Estates, IL, with 20 years of NPI registration. Based on federal Medicare data, Dr. Rantis performed 518 Medicare services across 471 unique beneficiaries.

Between the years covered by Open Payments, Dr. Rantis received a total of $27,224 from 46 pharmaceutical and/or device companies across 144 individual payments. These payments are legal, publicly disclosed under the federal Sunshine Act, and common in optician. The majority of payments are for speaking programs and promotional activities, reflecting participation in industry-sponsored events. Patients may wish to discuss these relationships with their provider.

The Data Coverage level for Dr. Rantis 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.

✓ 20 years in practice ▲ 518 Medicare services $27,224 industry payments

Medicare Practice Summary

Medicare Utilization ↗
518
Medicare services
Bottom 39% in IL for optician
Lower Medicare volume may reflect subspecialty focus, hospital-based work, or a higher share of non-Medicare patients.
471
Unique beneficiaries
$118
Avg. Medicare payment
Medicare patients only (65+ / disabled) · How to read this →
~26 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
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.
125 $124 $346
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.
71 $94 $223
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.
67 $70 $151
Initial hospital admission, moderate complexity
Initial hospital inpatient or observation care for a new patient involving moderate-level medical decision making, with at least 55 minutes total time on the date of the encounter.
67 $109 $290
Anoscopy
A diagnostic exam of the anus using a thin, lighted tube called an endoscope to look inside.
47 $96 $180
Hospital follow-up visit, moderate complexity
Follow-up hospital visit for an existing patient involving moderate medical decision making. The visit requires at least 35 minutes of time spent on the date of service.
38 $64 $150
Colonoscopy with biopsy
A procedure to collect tissue samples from the large intestine using a flexible tube with a camera. The samples are examined to check for abnormalities or disease.
21 $123 $1,038
New patient office visit, complex (60-74 min) 21 $150 $430
Upper GI endoscopy with biopsy
A procedure to collect tissue samples from the esophagus, stomach, or upper small intestine using a flexible tube with a camera. The samples are examined to check for abnormalities.
18 $69 $754
Initial hospital admission, high complexity
Initial hospital inpatient or observation care for a new patient involving high-level medical decision making, with at least 75 minutes total time on the date of the encounter.
17 $145 $423
Gallbladder removal with bile duct X-ray
Surgical removal of the gallbladder combined with an X-ray study of the bile ducts performed using an endoscope.
13 $632 $1,712
Colonoscopy for colorectal cancer screening
A colonoscopy performed to screen for colorectal cancer in individuals who are not at high risk for the disease.
13 $189 $871
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.

Industry Payment Transparency

Open Payments through 2024 ↗
$27,224
Total received (2018-2024)
Avg $3,889/year across 7 years
Top 4% in IL for optician
A higher payment rank reflects disclosed industry relationships (consulting, research, speaking) common among subspecialists — not wrongdoing.
46
Companies
144
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.

Speaking / Promotional
Speaker programs, honoraria, and industry-sponsored educational events
$22,272 (81.8%)
Meals & Travel
Food, beverages, travel, and lodging — typically low-value
$4,952 (18.2%)

Payment trend by year

Annual totals from pharmaceutical and medical device companies.

2024
$710
2023
$671
2022
$4,707
2021
$4,801
2020
$3,813
2019
$11,055
2018
$1,467

Payments by company (2024)

Consulting
Speaking
Meals & Travel
Research
Medtronic, Inc.
$203
Hologic Sales and Service, LLC
$137
Baxter Healthcare
$105
W. L. Gore & Associates, Inc.
$64
Takeda Pharmaceuticals U.S.A., Inc.
$45
Heron Therapeutics, Inc.
$28
Lilly USA, LLC
$26
Innovation Technologies Inc
$24
VERTEX PHARMACEUTICALS INCORPORATED
$23
TELA Bio, Inc.
$23
MESH SUTURE INC
$17
Teleflex LLC
$15
Top 3 companies account for 62.7% of 2024 payments
All-time payments by company (2018-2024) ›
Intuitive Surgical, Inc.
$22,272
Covidien LP
$858
Applied Medical Resources Corporation
$802
Medtronic, Inc.
$694
DAVOL INC.
$272
Ethicon US, LLC
$151
Mauna Kea Technologies, Inc.
$147
Hologic Sales and Service, LLC
$137
Novo Nordisk Inc
$134
Takeda Pharmaceuticals U.S.A., Inc.
$119
Braintree Laboratories, Inc.
$111
Baxter Healthcare
$105
CONMED Corporation
$91
Davol Inc.
$89
Apollo Endosurgery US Inc
$88
Teleflex LLC
$78
Merck Sharp & Dohme Corporation
$75
Aroa Biosurgery Incorporated
$69
TELA Bio, Inc.
$68
W. L. Gore & Associates, Inc.
$64
Bard Access Systems, Inc.
$63
Becton, Dickinson and Company
$60
Axonics, Inc.
$55
Heron Therapeutics, Inc.
$54
Endo Pharmaceuticals Inc.
$51
Innovation Technologies Inc
$46
Integra LifeSciences Corporation
$43
Urgo Medical North America, LLC
$42
COVIDIEN LP
$36
Pacira Pharmaceuticals Incorporated
$33
Palette Life Sciences, Inc.
$30
Coloplast Corp
$27
Boston Scientific Corporation
$26
Lilly USA, LLC
$26
VERTEX PHARMACEUTICALS INCORPORATED
$23
TEI Biosciences Inc
$22
KCI USA, Inc.
$21
Innocoll Incorporated
$20
PALETTE LIFE SCIENCES, INC.
$19
Osiris Therapeutics Inc.
$18
Kowa Pharmaceuticals America, Inc.
$17
MESH SUTURE INC
$17
ReShape Lifesciences Inc.
$14
Cumberland Pharmaceuticals, Inc.
$12
Aesculap, Inc.
$12
THD AMERICA, INC.
$9
Top 3 companies account for 87.9% of all-time payments
Associated products mentioned in payments ›
ARISTA AH · AirSeal · Axonics · BD MAX · BRIDION · Caldolor · CoolSeal Generator · Da Vinci Surgical System · Deflux · Duramesh · ECHELON ENDOPATH Stapler · ENTEREG · EXPAREL · Echelon; Endopath · Exparel · GATTEX · GELPOINT PATH · GORE SYNECOR Biomaterial · GRAFIX/GRAFIXPL/STRAVIX · HARMONIC Product Family · INTEGRA MESHED BILAYER WOUND MATRIX · IRRISEPT · LigaSure · NASCOBAL · NO MARKETED PRODUCT NAME · OMNIGRAFT · OMVOH · Overstitch · OviTex 2S · OviTex Reinforced Bioscaffold With Permanent Polymer (OviTex) · PARIETENE · PARIETENE DS · PERCLOT · PHASIX · PREVENA RESTOR BELLA-FORM · PROGEL · SEAMGUARD Staple Line Reinforcement · SIGNET · SIGNIA · SOLESTA · STRATAFIX · SUPREP BOWEL PREP · SURGIMEND · SUTAB · Saxenda · Seglentis · SenSura Mio · Signia · Snowden-Pencer · Sonicision · SpyGlass Discover · Titan SGS · Titan SGS Standard Gastric Stapler · VASHE WOUND SOLUTION 250 ML (8.5 FL OZ) FLIP TOP CAP · WECK EFx Shield Port Site Closure System · Wegovy · XARACOLL · ZYNRELEF · Zynrelef
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 →

The majority of payments (82%) are for speaking programs and promotional activities, which reflect participation in industry-sponsored educational or marketing events. This is common in optician and does not inherently indicate bias, but patients may wish to be aware. Total industry engagement is in the top 4% for optician in IL.

Looking for an optician specialist in Hoffman Estates?
Compare opticians in the Hoffman Estates area by procedure volume, costs, and industry payment transparency.
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Geographic Context

Opticians within 10 mi
548
Per 100K population
10.6
County median income
$81,797
Nearest hospital
BHC STREAMWOOD HOSPITAL INC
3.2 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. Rantis is a clinical cardiology specialist, with moderate Medicare volume, with speaking/promotional industry engagement in the top 4% of IL peers, with 20 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. Rantis experienced with new patient office visit (45-59 min)?
Based on Medicare claims data, Dr. Rantis performed 125 new patient office visit (45-59 min) 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. Rantis receive payments from pharmaceutical companies?
Yes. Dr. Rantis received a total of $27,224 from 46 companies across 144 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. Rantis's costs compare to other opticians in Hoffman Estates?
Dr. Rantis's average Medicare payment per service is $118. 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. Rantis) 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 →