Maryland Medicare Revenue Analysis

CMS Medicare Physician & Other Practitioners data

Maryland has 24K Medicare providers who collectively received $2706.3M in Medicare payments, averaging $111K per provider. This places Maryland above the national average in per-provider Medicare revenue, suggesting a competitive healthcare market with strong reimbursement patterns.

The most common specialty is Nurse Practitioner with 3,674 providers, followed by Internal Medicine (2,195) and Physician Assistant (2,000). Nurse Practitioner providers in Maryland average $43K annually, with room to grow through CCM, RPM, and AWV program adoption.

The largest Medicare provider concentration is in Baltimore (7,193 providers), with Rockville and Annapolis 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: 24,406 providers analyzedLast updated: January 2026

Total Providers

24K

in Maryland

Total Medicare Payment

$2706.3M

Avg Payment / Provider

$111K

Total Services

72.9M

Maryland Performance Signals

Revenue per Provider

$110,886

+39.1% vs benchmark · national avg $79,744

Provider Market Share

2.1% of US

+3.8% vs benchmark · 24,406 providers

CCM Adoption

0.9%

-91.9% vs benchmark · national 11.3%

RPM Adoption

0.9%

-85.4% vs benchmark · national 6.5%

AWV Completion

9.6%

-45.2% vs benchmark · national 17.5%

Key Stats

24K
Total Providers(Maryland)
$111K
Avg Medicare Payment(per provider)
$2706.3M
Total Medicare Payments
Nurse Practitioner
Top Specialty(3,674 providers)

How This Compares

#5 of 62
National rank by avg Medicare payment
+39%vs national average
Maryland Medicare Revenue

Top Opportunities

#1
Chronic Care Management (99490)
$30.0M potential
#2
Remote Patient Monitoring (99454)
$18.0M potential
#3
Annual Wellness Visits (G0438/G0439)
$11.5M potential
Peer group: 24,406 providers
Confidence: High
CMS Medicare Public Data 2024
Data year: 2024

How Maryland Compares

#5
of 62 states
+39%
vs national avg

vs Neighboring States

Maryland
$111K
Delaware
$95K
-14%
Pennsylvania
$65K
-42%
Virginia
$84K
-24%
West Virginia
$50K
-55%
Strongest Specialty
Nurse Practitioner
3,674 providers
Biggest Program Gap
CCM (99490)
0.9% adoption vs 11.3% national

Top Revenue Opportunities in Maryland

#1

Chronic Care Management (99490)

$30.0M
estimated annual opportunity

Only 0.9% of providers bill CCM vs 11.3% national average. 2,526 additional providers could adopt CCM to close this gap.

Current: 0.9%Target: 11.3%
high confidence· 2,526 providers
#2

Remote Patient Monitoring (99454)

$18.0M
estimated annual opportunity

RPM adoption is 0.9% vs 6.5% nationally. 1,348 providers could implement RPM programs.

Current: 0.9%Target: 6.5%
high confidence· 1,348 providers
#3

Annual Wellness Visits (G0438/G0439)

$11.5M
estimated annual opportunity

AWV completion at 9.6% trails the 17.5% national average. 1,929 additional providers could offer AWV services.

Current: 9.6%Target: 17.5%
high confidence· 1,929 providers

Market Opportunities by Specialty

Top 50 Providers in Maryland

ProviderPatientsMedicare $
Symphony Diagnostic Services No 1 Llc148,273$42.0M
Quest Diagnostics Incorporated Md148,778$27.3M
David WarrowM.D.1,824$15.1M
Baltimore County Maryland Office Of Finance16,620$12.2M
Michael MorrisM.D.115$12.0M
Montgomery County Maryland Government14,818$10.8M
William SharfmanM.D.278$9.1M
Carmen SalvaterraMD347$8.9M
Allen HuMD1,662$8.9M
Cirrus Dx, Inc.3,509$7.8M
Elizabeth ClaytonMD751$7.1M
Mei TangMD268$6.9M
Justin KucinskiDO524$6.9M
Matthew KilbridgeMD337$6.8M
Anne Arundel County9,353$6.7M
Realtox Labs, Llc5,337$6.6M
Lifestar Response Of Maryland, Inc13,981$6.5M
David SmithMD683$6.4M
Mayor And City Council Of Baltimore8,553$6.3M
Prince George's County Maryland8,607$6.2M
Annapath, Inc18,934$6.2M
Rohit LakhanpalM.D.1,288$6.1M
Nspc Surgery Center Of Maryland Llc115$5.8M
Derm Associates Llc20,555$5.1M
Theranostix Inc6,415$5.1M
Richard HusligM.D.521$4.9M
Am-Van Incorporated10,361$4.9M
Genedx Llc1,841$4.7M
Andrei GurskyMD270$4.7M
James RialM.D.1,787$4.7M
John ButlerM.D.1,265$4.3M
Daniel BerinsteinM.D.1,687$4.3M
David BarananoM.D., PH.D.1,299$4.2M
Michael LaiMD1,636$4.2M
Sidney SchechetM.D.1,232$4.2M
Raymond SjaardaM.D.1,754$4.2M
Adam GerstenblithMD1,265$4.2M
Joseph SchwartzM.D.1,537$4.2M
Eric WeichelM.D.1,402$4.1M
Gayatri ReillyMD1,218$4.1M
Rockville Eye Surgery Center, Llc2,097$4.0M
Newman SundMD922$4.0M
Chetankumar PatelM.D.1,097$3.9M
Daniel BeckerMD174$3.9M
John ThompsonM.D.1,306$3.9M
David DaoM.D.1,209$3.8M
Procare Ambulance Of Maryland Inc9,032$3.8M
Eric SuanM.D.942$3.8M
Samer SaiedyM.D.864$3.8M
Michael ElmanM.D.1,661$3.7M

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