Minnesota Medicare Revenue Analysis

CMS Medicare Physician & Other Practitioners data

Minnesota has 26K Medicare providers who collectively received $1013.1M in Medicare payments, averaging $39K per provider. With below-average per-provider Medicare revenue, Minnesota practices may have substantial untapped potential in care management programs and E&M coding optimization.

The most common specialty is Nurse Practitioner with 3,388 providers, followed by Physician Assistant (2,680) and Family Practice (2,216). Nurse Practitioner providers in Minnesota average $18K annually, with room to grow through CCM, RPM, and AWV program adoption.

The largest Medicare provider concentration is in Rochester (4,254 providers), with Minneapolis and Saint Paul 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: 26,019 providers analyzedLast updated: January 2026

Total Providers

26K

in Minnesota

Total Medicare Payment

$1013.1M

Avg Payment / Provider

$39K

Total Services

31.4M

Minnesota Performance Signals

Revenue per Provider

$38,938

-51.2% vs benchmark · national avg $79,744

Provider Market Share

2.2% of US

+10.7% vs benchmark · 26,019 providers

CCM Adoption

0.6%

-94.7% vs benchmark · national 11.3%

RPM Adoption

0.1%

-98.6% vs benchmark · national 6.5%

AWV Completion

9.0%

-48.2% vs benchmark · national 17.5%

Key Stats

26K
Total Providers(Minnesota)
$39K
Avg Medicare Payment(per provider)
$1013.1M
Total Medicare Payments
Nurse Practitioner
Top Specialty(3,388 providers)

How This Compares

#55 of 62
National rank by avg Medicare payment
-51%vs national average
Minnesota Medicare Revenue

Top Opportunities

#1
Chronic Care Management (99490)
$33.0M potential
#2
Remote Patient Monitoring (99454)
$22.2M potential
#3
Annual Wellness Visits (G0438/G0439)
$13.0M potential
Peer group: 26,019 providers
Confidence: High
CMS Medicare Public Data 2024
Data year: 2024

How Minnesota Compares

#55
of 62 states
-51%
vs national avg

vs Neighboring States

Minnesota
$39K
Iowa
$64K
+64%
North Dakota
$49K
+26%
South Dakota
$54K
+40%
Wisconsin
$51K
+32%
Strongest Specialty
Nurse Practitioner
3,388 providers
Biggest Program Gap
CCM (99490)
0.6% adoption vs 11.3% national

Top Revenue Opportunities in Minnesota

#1

Chronic Care Management (99490)

$33.0M
estimated annual opportunity

Only 0.6% of providers bill CCM vs 11.3% national average. 2,775 additional providers could adopt CCM to close this gap.

Current: 0.6%Target: 11.3%
high confidence· 2,775 providers
#2

Remote Patient Monitoring (99454)

$22.2M
estimated annual opportunity

RPM adoption is 0.1% vs 6.5% nationally. 1,660 providers could implement RPM programs.

Current: 0.1%Target: 6.5%
high confidence· 1,660 providers
#3

Annual Wellness Visits (G0438/G0439)

$13.0M
estimated annual opportunity

AWV completion at 9.0% trails the 17.5% national average. 2,193 additional providers could offer AWV services.

Current: 9.0%Target: 17.5%
high confidence· 2,193 providers

Market Opportunities by Specialty

Top 50 Providers in Minnesota

ProviderPatientsMedicare $
Mayo Clinic37,704$12.2M
Allina Health System11,149$9.0M
Mayo Clinic Ambulance10,616$8.5M
Mayo Collaborative Services, Inc1,863$6.5M
Dale ReynoldsM.D. PH.D.1,109$5.6M
David WilliamsMD1,220$5.5M
Nura Surgical Center Llc211$5.3M
David ParkeMD1,308$4.8M
Sundeep DevMD824$4.5M
Critical Care Services, Inc604$4.3M
John DaviesMD1,007$3.9M
Polly QuiramMD1,120$3.7M
Supervalu Pharmacies Inc12,568$3.5M
Geoffrey EmersonMD1,154$3.3M
Robert MittraMD982$3.1M
Mngi Endoscopy Asc Inc2,930$3.1M
Mayo Clinic380$2.6M
Clemencia RasquinhaM.D115$2.5M
Asim KhanMD312$2.4M
Group Health Plan Inc.11,468$2.4M
Abdhish BhavsarM.D.951$2.3M
Jacob JonesM.D.802$2.3M
Fairview Health Services3,706$2.3M
Tria Orthopaedic Center Llc167$2.2M
David RidleyM.D.237$2.2M
St Cloud Outpatient Surgery Ltd140$2.1M
Jason RaaschMD107$2.1M
St Marys Ems1,818$2.1M
City Of St Paul2,822$2.0M
Yevgeniy SychevM.D.762$1.9M
Mohiba TareenMD592$1.9M
Twin Cities Surgery Center122$1.9M
Jessica StulcMD125$1.9M
Robert DelauneM.D.311$1.9M
Peter BelinMD814$1.9M
Vladimir HugecM.D.379$1.8M
Burnsville Surgery Center, P.A.77$1.8M
Michael EmersonMD1,027$1.8M
Vadnais Heights Surgery Center Llc190$1.7M
Lakewalk Surgery Center, Inc.142$1.7M
Richard JohnstonMD671$1.7M
Marni FeldmannMD328$1.7M
Centracare Health System1,741$1.6M
Minnesota Eye Laser & Surgery Centers, Llc518$1.6M
Metropolitan Surgical Center, Llc291$1.6M
Peter KentM.D.318$1.6M
Crosstown Surgery Center Llc130$1.5M
Summit Orthopedics Ltd240$1.5M
Edwin RyanMD436$1.5M
Minnesota Eye Laser & Surgery Centers, Llc447$1.4M

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