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Medicare Revenue Report Card 2026

Cardiology

19K providers nationally

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I just reviewed the 2026 Medicare Revenue Report Card for Cardiology. Key findings: - Overall Grade: D - Estimated Missed Revenue: $938.4M - Low adoption of care management programs (CCM, RPM, BHI, AWV) The data comes directly from CMS public records — every medical practice can see exactly how much revenue they're leaving on the table. See the full Cardiology report card:

https://npixray.com/reports/specialties/cardiology

Provider Count

19K

Avg Medicare Patients

480

Avg Total Payment

$180K

Est. Missed Revenue

$938.4M

across all providers

Peer group: 19,399 providers
Confidence: High
CMS Medicare Public Data 2024
Data year: 2024

Care Management Program Adoption

Adoption rates for revenue-generating care management programs among Cardiology providers compared to national averages.

CCM

Chronic Care Management

0.0%Target: 15%

$62/patient/mo potential revenue

RPM

Remote Patient Monitoring

0.0%Target: 10%

$120/patient/mo potential revenue

BHI

Behavioral Health Integration

0.0%Target: 10%

$50/patient/mo potential revenue

AWV

Annual Wellness Visits

0.0%Target: 70%

$175/visit potential revenue

Cardiology Trend Signals

Cardiology Revenue

$180K

+54.4% vs benchmark · national avg $116K

CCM Adoption

0.0%

-100.0% vs benchmark · national 2.4%

RPM Adoption

0.0%

-100.0% vs benchmark · national 1.1%

E&M Coding Distribution

How Cardiology providers distribute their E&M visits across complexity levels versus the specialty benchmark.

99213

Level 3

33.0%

Benchmark: 16.1%

99214

Level 4

34.0%

Benchmark: 73.7%

99215

Level 5

33.0%

Benchmark: 8.3%

Key Revenue Metrics

$374

Avg Revenue per Patient

480

Avg Medicare Patients

3K

Avg Services per Provider

Top States for Cardiology

#StateProvidersAvg Payment
1California65$2.3M
2Florida46$1.6M
3Texas23$1.7M
4New York19$1.6M
5New Jersey7$2.0M
6Arizona7$1.5M
7Nevada6$2.4M
8Maryland4$1.8M
9Illinois3$2.0M
10Louisiana3$1.9M
11Delaware3$1.9M
12Kansas3$1.4M
13Pennsylvania2$1.5M
14Tennessee2$1.4M
15Alabama2$1.3M

Top Cardiology Providers

Top 20 Cardiology providers by Medicare payment volume.

ProviderPatientsMedicare $
Mehran KhorsandiM.D.,1,333$6.1M
Leo PolosajianM.D.1,067$6.0M
Victor GabrielianM.D.1,618$5.0M
Afshine EmraniMD1,276$5.0M
Vikram LakireddyM.D.964$4.8M
Inder SinghMD, MS196$4.7M
James JoyeD.O.909$4.5M
Athar AnsariM.D.1,880$4.4M
Salvador BorromeoMD403$4.3M
Sam KalioundjiMD1,064$4.1M
Hanumandla ReddyM.D1,465$3.8M
Shashi SharmaD.M.1,036$3.6M
Rajiv AgarwalMD974$3.3M
Nallathamby ThayapranM.D.731$3.2M
Saman FakheriM.D.1,082$3.2M
Mehran MoussavianDO1,822$3.0M
Pareena BilkooM.D.4,802$2.9M
Karthik GujjaM.D, M.P.H353$2.9M
Naveen SharmaMD192$2.9M
Joseph DegregorioMD121$2.7M

Scan a Provider in Cardiology

Data: CMS Medicare Physician & Other Practitioners, 2024Coverage: 19,399 providers analyzedLast updated: January 2026

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