Vela Investment Corporation

Vela Investment Corporation was paid $11.74M by Medicaid between Jan 2018 and Dec 2024, across 3 billing codes. Its largest line is S5125, attendant care at home, billed per 15 minutes — 96% of everything it billed.

33Billing provider infoVELA INVESTMENT CORPORATION
EDINBURG, TX 78539

33aNPI1457573628assigned 05/03/2007

33bProvider typeCustodial Care Facility

28Total paid$11.74M

24GClaims223,761

24DCodes billed3

24AFirst – last monthJan 2018 – Dec 2024

Compared with peers

Next to other Custodial Care Facility providers in Texas

Rank by total paid#2 of 10

Median peer was paid$2.11M

This provider vs. median5.6×

Peers share this provider's primary NPPES type and state. Size alone says nothing about billing quality: a big agency or a hospital system is expected to sit far above the median.

Auditor's notes

Automated statistical signals. Not evidence of fraud — how these are computed.

Single-Code Concentration96% of spending on code S5125 with only 3 total codes billed. Highly concentrated billing profile.

Box 24A · Dates of service

Paid by month

Paid that monthNov–Dec 2024: claims still arriving when the file was cut, so these months run low for every provider

By year, as a table

Year	Claims	Paid
2018	1,245	$300K
2019	2,839	$420K
2020	13,763	$631K
2021	40,231	$1.71M
2022	44,811	$2.16M
2023	57,197	$2.83M
2024incomplete	63,675	$3.69M

Box 24 · Service lines

What it billed for

Code	Service	Share	Claims	Bene. records	Paid
S5125	Attendant care at home, billed per 15 minutesAttendant care services; per 15 minutes	96%	213,073	8,508	$11.25M
T1005	Respite care services, up to 15 minutes	2.4%	4,484	250	$279K
T1019	Help at home with bathing, dressing and eating, billed per 15 minutesPersonal care services, per 15 minutes, not for an inpatient or resident of a hospital, nursing facility, icf/mr or imd, part of the individualized plan of treatment (code may not be used to identify services provided by home health aide or certified nurse assistant)	1.8%	6,204	224	$212K

Claims and beneficiary counts add up across code × month rows, so one patient seen every month counts many times. Rows with fewer than 12 claims are suppressed by HHS, so small lines can be missing.

From NPPES

Who's on the registration

Authorized officialRAMIREZ, ARACELI (PRESIDENT/CHIEF FINANCIAL OFFICER)