Neurology

Medicare Revenue Analysis

Provider Count

16K

Avg Medicare Patients

136

Avg Total Payment

$79K

Avg Revenue/Patient

$585

per Medicare beneficiary

Key Stats

16K
National Provider Count
$79K
Avg Total Medicare Payment(per provider)
136
Avg Medicare Patients(per provider)
$585
Avg Revenue per Patient
Peer group: 15,573 providers
Confidence: High
CMS Medicare Public Data 2024 — National Specialty Benchmarks
Data year: 2024

Neurology — Performance Signals

CCM Adoption

0.5%

-96.7% vs benchmark · target 15%

RPM Adoption

0.2%

-98.2% vs benchmark · target 10%

AWV Completion

0.1%

-99.9% vs benchmark · target 70%

Revenue / Patient

$585

+95.0% vs benchmark · median ~$300

Neurology is one of the most active Medicare specialties in the United States, with 16K providers billing Medicare nationally. The average Neurology provider treats 136 Medicare beneficiaries and receives $79K in total annual Medicare payments, translating to $585 per patient — a figure that signals high-acuity care and complex case management.

Evaluation and Management coding patterns reveal how Neurology providers characterize visit complexity. The dominant code is 99214 at 57.6% of E&M visits, reflecting moderate-to-high complexity encounters that are typical when managing established patients with multiple chronic conditions. Meanwhile, 99213 accounts for 19.9% and high-complexity 99215 visits represent 22.5% of the mix.

Care management program adoption presents a significant revenue opportunity for Neurology practices. Chronic Care Management (0.5%), Remote Patient Monitoring (0.2%), Behavioral Health Integration (0.0%) remain substantially underutilized relative to the eligible patient population. Annual Wellness Visit adoption sits at just 0.1%, well below the 70% target — meaning a majority of eligible Medicare beneficiaries are not receiving this preventive service, and practices are missing a straightforward billing opportunity. Providers who implement these programs can unlock substantial per-patient monthly revenue while improving chronic disease outcomes — NPIxray can help identify exactly which patients qualify.

Data: CMS Medicare Physician & Other Practitioners, 2024Coverage: 15,573 providers analyzedLast updated: January 2026

E&M Coding Distribution

How Neurology providers distribute their E&M visits across complexity levels. Higher-level codes (99214, 99215) indicate more complex patient encounters.

99213Level 3
19.9%
99214Level 4
57.6%
99215Level 5
22.5%

Program Adoption Rates

Care management program adoption among Neurology providers compared to target benchmarks.

CCM

Chronic Care Management

0.5%Target: 15%

RPM

Remote Patient Monitoring

0.2%Target: 10%

BHI

Behavioral Health Integration

0.0%Target: 10%

AWV

Annual Wellness Visits

0.1%Target: 70%

Top Neurology Providers

Top 50 Neurology providers by Medicare payment volume.

ProviderPatientsMedicare $
Guy BurrowsM.D.142$11.3M
Natan ShaoulianM.D.89$7.3M
David White503$7.0M
Igor CherchesM.D.511$6.7M
Luis DiazM.D.258$5.5M
Bess ChangD.O.536$5.2M
Martin BelkinD.O.384$4.7M
Christopher LagankeMD455$4.4M
Danny BartelM.D.942$4.4M
Bela AjtaiMD, PHD320$4.1M
Daniel BeckerMD174$3.9M
James SimsarianM.D.308$3.8M
Manish ViradiaMD468$3.7M
Andrew GordonM.D.254$3.6M
Kumaraswamy SivakumarM.D.252$3.5M
Steven BromleyMD216$2.9M
Jonathan EskenaziMD1,119$2.9M
Sayed MonisM.D.2,113$2.8M
James BarryM.D.606$2.6M
Philip BlumMD394$2.5M
Heidi CraytonMD140$2.4M
Salvatore NapoliM.D.219$2.3M
Stuart HetrickD.O.1,204$2.0M
Jessica StulcMD125$1.9M
Richard HubbardM.D., J.D.1,117$1.9M
Joshua KatzMD88$1.8M
James WangMD342$1.8M
Mark CascioneM.D.90$1.7M
Mark GudesblattM.D.709$1.6M
Kenneth MartinezM.D.749$1.6M
Jeffrey GittD.O.49$1.6M
Diana BanksM.D.73$1.6M
Andres Jacobo-AlatristeM.D.346$1.5M
Karrie GrearMD279$1.5M
Steven HerzogM.D.299$1.4M
Tamara MillerM.D.128$1.4M
Krzysztof RomanowskiMD154$1.4M
Daniel HexterM.D.196$1.4M
Sheila ManhasM.D.1,308$1.4M
Sandeep ThakkarD.O.675$1.4M
Kai McgreevyM.D629$1.4M
Angelito TanMD2,293$1.4M
Raam SambandamM.D.632$1.3M
Nabeen HussainM.D.723$1.3M
Rada Petrinjac-NenadicM.D.288$1.3M
Ian PurcellMD1,708$1.3M
Matthew BakerMD441$1.3M
Vincent MacalusoMD44$1.3M
Amit Khaneja659$1.3M
Lawrence WhickerM.D.790$1.3M

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