Kentucky Medicare Revenue Analysis

CMS Medicare Physician & Other Practitioners data

Kentucky has 18K Medicare providers who collectively received $988.0M in Medicare payments, averaging $56K per provider. With below-average per-provider Medicare revenue, Kentucky practices may have substantial untapped potential in care management programs and E&M coding optimization.

The most common specialty is Nurse Practitioner with 4,428 providers, followed by Physician Assistant (1,142) and Family Practice (1,138). Nurse Practitioner providers in Kentucky average $21K annually, with room to grow through CCM, RPM, and AWV program adoption.

The largest Medicare provider concentration is in Louisville (4,516 providers), with Lexington and Bowling Green also serving as major healthcare hubs. Practices in these areas face competitive pressure, making revenue optimization through proper coding and program enrollment critical for financial performance.

Data: CMS Medicare Physician & Other Practitioners, 2024Coverage: 17,628 providers analyzedLast updated: January 2026

Total Providers

18K

in Kentucky

Total Medicare Payment

$988.0M

Avg Payment / Provider

$56K

Total Services

27.7M

Kentucky Performance Signals

Revenue per Provider

$56,050

-29.7% vs benchmark · national avg $79,744

Provider Market Share

1.5% of US

-25.0% vs benchmark · 17,628 providers

CCM Adoption

1.6%

-85.4% vs benchmark · national 11.3%

RPM Adoption

0.1%

-97.9% vs benchmark · national 6.5%

AWV Completion

9.0%

-48.6% vs benchmark · national 17.5%

Key Stats

18K
Total Providers(Kentucky)
$56K
Avg Medicare Payment(per provider)
$988.0M
Total Medicare Payments
Nurse Practitioner
Top Specialty(4,428 providers)

How This Compares

#40 of 62
National rank by avg Medicare payment
-30%vs national average
Kentucky Medicare Revenue

Top Opportunities

#1
Chronic Care Management (99490)
$20.2M potential
#2
Remote Patient Monitoring (99454)
$14.9M potential
#3
Annual Wellness Visits (G0438/G0439)
$8.9M potential
Peer group: 17,628 providers
Confidence: High
CMS Medicare Public Data 2024
Data year: 2024

How Kentucky Compares

#40
of 62 states
-30%
vs national avg

vs Neighboring States

Kentucky
$56K
Illinois
$90K
+61%
Indiana
$63K
+12%
Missouri
$60K
+8%
Ohio
$51K
-8%
Strongest Specialty
Nurse Practitioner
4,428 providers
Biggest Program Gap
CCM (99490)
1.6% adoption vs 11.3% national

Top Revenue Opportunities in Kentucky

#1

Chronic Care Management (99490)

$20.2M
estimated annual opportunity

Only 1.6% of providers bill CCM vs 11.3% national average. 1,697 additional providers could adopt CCM to close this gap.

Current: 1.6%Target: 11.3%
high confidence· 1,697 providers
#2

Remote Patient Monitoring (99454)

$14.9M
estimated annual opportunity

RPM adoption is 0.1% vs 6.5% nationally. 1,116 providers could implement RPM programs.

Current: 0.1%Target: 6.5%
high confidence· 1,116 providers
#3

Annual Wellness Visits (G0438/G0439)

$8.9M
estimated annual opportunity

AWV completion at 9.0% trails the 17.5% national average. 1,496 additional providers could offer AWV services.

Current: 9.0%Target: 17.5%
high confidence· 1,496 providers

Market Opportunities by Specialty

Top 50 Providers in Kentucky

ProviderPatientsMedicare $
Ethos Holding Corp13,951$17.8M
Joseph BlackmonM.D.468$6.9M
Rachel ChaseMD341$4.8M
Aesthetic Plastic Surgery Institute Of Louisville, Llc2,422$4.2M
Inder SingalMD1,261$4.0M
Todd PurkissM.D., PH.D.932$3.9M
Byunghee KimD.P.M80$3.9M
Jacob YunkerMD1,420$3.8M
Romulo AlbuquerqueMD980$3.8M
John KitchensM.D.939$3.5M
Thomas HarperMD1,281$3.3M
Bluegrass Orthopaedics Surgical Division Llc275$3.2M
Blake IsernhagenMD799$3.2M
Janet LeonM.D.272$3.0M
Christopher PhillipsM.D.567$2.8M
Belinda ShirkeyM.D.756$2.6M
Patricia HansenM.D.24,752$2.6M
Aaron RiccaM.D.760$2.5M
Thomas StoneM.D.716$2.5M
Lexington Fayette Urban County Government3,631$2.4M
Miguel BusquetsM.D.610$2.4M
Shivani ReddyM.D.710$2.4M
Premier Surgery Center Of Louisville Lp525$2.3M
Brian BodnarchukMD804$2.3M
New Lexington Clinic, Psc470$2.3M
Steven BloomMD930$2.3M
Killer Bees Llc1,141$2.3M
Landen MeeksMD741$2.2M
Jack HollinsM.D.944$2.2M
Arc Kentucky Llc959$2.1M
Vidya SeshadriM.D.583$2.1M
Louisville Jefferson County Metro Government3,715$2.1M
Kishor VoraM.D.957$2.0M
Phi Health, Llc281$2.0M
Gary CrumpM.D.205$1.9M
Dx Solutions, Llc10,723$1.9M
Baptist Health Surgery Center Llc255$1.8M
Medical Center Ems, L.L.C.2,402$1.8M
Janelle AdeniranM.D.674$1.8M
Angelia ThompsonMD846$1.8M
Pamela SmithM.D.371$1.8M
Donald BrownD.O.156$1.8M
New Lexington Clinic, Psc10,946$1.8M
Clinical Associates, Llc5,321$1.8M
Pamela HarstonM.D.737$1.8M
Louis HeuserM.D.45$1.7M
Commonwealth Eye Clinic Inc934$1.6M
Jeffery TaylorMD730$1.6M
New Lexington Clinic, Psc369$1.6M
Gravity Diagnostics, Llc1,212$1.6M

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