Washington Institute for Coagulation
Billing Swing
Experienced over 200% change in year-over-year billing with >$1M absolute change.
Billing changed from $1.7M (2020) to $26.6M (2021) — a 1434% swing with $24.9M absolute change.
Explosive Growth
Billing increased over 500% year-over-year — far beyond normal growth patterns.
Billing grew 1434% from 2020 to 2021.
Statistical flags are not proof of wrongdoing. Some entities (government agencies, home care programs) may legitimately bill at high rates. Hospitals, government entities, and large care organizations may legitimately bill at higher rates due to patient acuity, overhead costs, or specialized services. Read our methodology.
Red Flags Explained
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Each flag represents a statistical test that identified unusual billing patterns. Here's what each flag on this provider means in plain English:
Billing Swing
Billing Swing means this provider's total billing changed dramatically from one year to the next — increasing or decreasing by more than 200% with over $1M in absolute change. This could indicate a change in practice scope, a billing scheme ramping up, or legitimate growth.
Explosive Growth
Explosive Growth means this provider's billing increased by more than 500% year-over-year. While rapid expansion can be legitimate, this pattern has been observed in fraud schemes that ramp up billing quickly before detection.
These flags are statistical indicators only. Many flagged providers have legitimate explanations for their billing patterns. Learn more about our methodology.
Total Paid
$117.0M
$117,018,911
Total Claims
9K
Beneficiaries
7K
1.4 claims/patient
Avg Cost/Claim
$13K
🔍 Analysis
Provider Overview
Washington Institute for Coagulation is a Pharmacy, Specialty Pharmacy provider based in Seattle, WA. From the 2018–2024 period, this provider received $117.0M in Medicaid payments across 9K claims.
Why This Matters
This provider received $117.0M in taxpayer-funded Medicaid payments — enough to fund healthcare for approximately 14,627 Medicaid beneficiaries for a full year at average per-enrollee costs.
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