South Dakota Medicare Revenue Analysis

CMS Medicare Physician & Other Practitioners data

South Dakota has 4K Medicare providers who collectively received $235.7M in Medicare payments, averaging $54K per provider. With below-average per-provider Medicare revenue, South Dakota practices may have substantial untapped potential in care management programs and E&M coding optimization.

The most common specialty is Nurse Practitioner with 751 providers, followed by Physician Assistant (443) and Family Practice (345). Nurse Practitioner providers in South Dakota average $15K annually, with room to grow through CCM, RPM, and AWV program adoption.

The largest Medicare provider concentration is in Sioux Falls (1,809 providers), with Rapid City and Aberdeen 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: 4,334 providers analyzedLast updated: January 2026

Total Providers

4K

in South Dakota

Total Medicare Payment

$235.7M

Avg Payment / Provider

$54K

Total Services

6.0M

South Dakota Performance Signals

Revenue per Provider

$54,379

-31.8% vs benchmark · national avg $79,744

Provider Market Share

0.4% of US

-81.6% vs benchmark · 4,334 providers

CCM Adoption

0.4%

-96.1% vs benchmark · national 11.3%

RPM Adoption

0.1%

-98.2% vs benchmark · national 6.5%

AWV Completion

5.7%

-67.2% vs benchmark · national 17.5%

Key Stats

4K
Total Providers(South Dakota)
$54K
Avg Medicare Payment(per provider)
$235.7M
Total Medicare Payments
Nurse Practitioner
Top Specialty(751 providers)

How This Compares

#43 of 62
National rank by avg Medicare payment
-32%vs national average
South Dakota Medicare Revenue

Top Opportunities

#1
Chronic Care Management (99490)
$5.6M potential
#2
Remote Patient Monitoring (99454)
$3.7M potential
#3
Annual Wellness Visits (G0438/G0439)
$3.0M potential
Peer group: 4,334 providers
Confidence: High
CMS Medicare Public Data 2024
Data year: 2024

How South Dakota Compares

#43
of 62 states
-32%
vs national avg

vs Neighboring States

South Dakota
$54K
Iowa
$64K
+18%
Minnesota
$39K
-28%
Montana
$54K
0%
North Dakota
$49K
-10%
Strongest Specialty
Nurse Practitioner
751 providers
Biggest Program Gap
AWV (G0438)
5.7% adoption vs 17.5% national

Top Revenue Opportunities in South Dakota

#1

Chronic Care Management (99490)

$5.6M
estimated annual opportunity

Only 0.4% of providers bill CCM vs 11.3% national average. 469 additional providers could adopt CCM to close this gap.

Current: 0.4%Target: 11.3%
high confidence· 469 providers
#2

Remote Patient Monitoring (99454)

$3.7M
estimated annual opportunity

RPM adoption is 0.1% vs 6.5% nationally. 275 providers could implement RPM programs.

Current: 0.1%Target: 6.5%
high confidence· 275 providers
#3

Annual Wellness Visits (G0438/G0439)

$3.0M
estimated annual opportunity

AWV completion at 5.7% trails the 17.5% national average. 509 additional providers could offer AWV services.

Current: 5.7%Target: 17.5%
high confidence· 509 providers

Market Opportunities by Specialty

Top 50 Providers in South Dakota

ProviderPatientsMedicare $
Prema AbrahamMD1,440$7.1M
Vance Thompson Vision Surgery Center Prof Llc1,447$4.5M
Chad LaurichMD496$3.2M
Eric ThomasM.D.943$3.2M
Ryan GeraetsMD726$3.0M
Black Hills Regional Eye Surgery Center, Llc978$2.9M
Dale Aviation Inc386$2.6M
John BormesM.D.881$2.6M
Victoria KnudsenM.D.660$2.4M
Jennifer MayMD389$1.9M
Paramedics Logistics South Dakota Llc2,836$1.9M
Ophthalmology Ltd Eye Surgery Center Llc729$1.8M
Sanford Medical Center8,960$1.8M
Elizabeth AtchisonM.D.795$1.7M
Taylor SlingsbyM.D.567$1.4M
Luke HushagenM.D.449$1.4M
City Of Rapid City2,237$1.4M
Ty HansonD.O.918$1.2M
Usc Ambulatory Surgical Center Prof Llc934$1.1M
Roberto Ferro ValdesM.D.155$1.1M
Isurgery, Llc391$998K
Richard ConklinMD358$995K
The Endoscopy Center, Inc.1,067$940K
Rebecca Linquist343$904K
Patrick KellyMD318$888K
William BrunnerMD1,204$885K
Avera Mckennan2,793$881K
Slingsby & Wright Eye Surgery & Laser Center, Llc347$819K
Gregory Wittenberg442$816K
Mary Lee VillanuevaMD256$789K
Christopher HuotM.D.295$754K
Apollo Medflight, Llc105$749K
Beth BrueningM.D.712$705K
Neal KhuranaMD139$704K
Geib, Elston, Frost Professional Association4,303$693K
John BerdahlM.D.548$664K
Rocio Diaz SanjurM.D.475$624K
Robert SageM.D.309$619K
Kelly JerstadMD621$603K
Thomas ReherM.D.700$541K
Spearfish Emergency Ambulance Service537$541K
Tomasz StysM.D.1,123$516K
Vance ThompsonMD606$514K
Stephen KhachikianM.D.608$511K
Tyler PtacekM.D.301$508K
Plastic Surgical Center Of Rapid City, Prof. L.L.C.18$492K
Gail Bernard524$488K
D N D Inc545$481K
Adam StysMD1,374$481K
City Of Aberdeen Sd627$476K

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