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I just reviewed the 2026 Medicare Revenue Report Card for Nephrology. Key findings: - Overall Grade: D - Estimated Missed Revenue: $301.6M - 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 Nephrology report card:
https://npixray.com/reports/specialties/nephrology
Provider Count
9K
Avg Medicare Patients
166
Avg Total Payment
$139K
Est. Missed Revenue
$301.6M
across all providers
Care Management Program Adoption
Adoption rates for revenue-generating care management programs among Nephrology providers compared to national averages.
CCM
Chronic Care Management
$62/patient/mo potential revenue
RPM
Remote Patient Monitoring
$120/patient/mo potential revenue
BHI
Behavioral Health Integration
$50/patient/mo potential revenue
AWV
Annual Wellness Visits
$175/visit potential revenue
Nephrology Trend Signals
Nephrology Revenue
$139K
+19.3% 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 Nephrology providers distribute their E&M visits across complexity levels versus the specialty benchmark.
99213
Level 3
33.0%
Benchmark: 15.3%
99214
Level 4
34.0%
Benchmark: 71.2%
99215
Level 5
33.0%
Benchmark: 12.7%
Key Revenue Metrics
$837
Avg Revenue per Patient
166
Avg Medicare Patients
2K
Avg Services per Provider
Top States for Nephrology
| # | State | Providers | Avg Payment |
|---|---|---|---|
| 1 | California | 60 | $693K |
| 2 | New York | 26 | $1.1M |
| 3 | Texas | 19 | $734K |
| 4 | Florida | 14 | $648K |
| 5 | New Jersey | 9 | $603K |
| 6 | Georgia | 7 | $589K |
| 7 | Illinois | 7 | $593K |
| 8 | Pennsylvania | 6 | $570K |
| 9 | Maryland | 4 | $1.1M |
| 10 | Tennessee | 4 | $729K |
| 11 | Iowa | 3 | $818K |
| 12 | Indiana | 3 | $801K |
| 13 | Massachusetts | 3 | $695K |
| 14 | North Carolina | 3 | $816K |
| 15 | Michigan | 3 | $629K |
Top Nephrology Providers
Top 20 Nephrology providers by Medicare payment volume.
| Provider | Patients | Medicare $ |
|---|---|---|
| Armistead WilliamsM.D. | 164 | $6.7M |
| Feliciano SerranoM.D. | 187 | $4.5M |
| Norbert ShtaynbergD.O. | 542 | $3.9M |
| Freemu VargheseM.D. | 49 | $2.0M |
| Lina MuradMD | 320 | $1.7M |
| Jacob AhdootM.D. | 1,489 | $1.7M |
| Kazi KhanMD | 1,543 | $1.6M |
| Kamran KarimiM.D. | 280 | $1.5M |
| Ashar LuqmanM.D. | 1,278 | $1.4M |
| Payam ShakouriM.D. | 350 | $1.3M |
| Timothy RogersM.D. | 274 | $1.3M |
| David NamazyM.D. | 257 | $1.2M |
| Abdul KhanMD | 936 | $1.2M |
| Sanjeev MittalMD | 919 | $1.2M |
| Yakoub KatriM.D. | 843 | $1.1M |
| Emmanuel AnekweMD | 260 | $1.1M |
| Ngozi OkobaM.D | 309 | $1.1M |
| Anton CabellonD.O. | 212 | $1.1M |
| John NilesMD | 225 | $1.0M |
| Hardik PatelM.D. | 243 | $1.0M |
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