Rheumatology

Medicare Revenue Analysis

Provider Count

5K

Avg Medicare Patients

209

Avg Total Payment

$369K

Avg Revenue/Patient

$2K

per Medicare beneficiary

Key Stats

5K
National Provider Count
$369K
Avg Total Medicare Payment(per provider)
209
Avg Medicare Patients(per provider)
$2K
Avg Revenue per Patient
Peer group: 4,906 providers
Confidence: High
CMS Medicare Public Data 2024 — National Specialty Benchmarks
Data year: 2024

Rheumatology — Performance Signals

CCM Adoption

1.7%

-88.7% vs benchmark · target 15%

RPM Adoption

0.0%

-99.6% vs benchmark · target 10%

AWV Completion

0.7%

-99.1% vs benchmark · target 70%

Revenue / Patient

$1,767

+489.0% vs benchmark · median ~$300

Rheumatology is one of the most active Medicare specialties in the United States, represented by 5K providers across the country. The average Rheumatology provider treats 209 Medicare beneficiaries and receives $369K in total annual Medicare payments, translating to $2K per patient — a figure that signals high-acuity care and complex case management.

Evaluation and Management coding patterns reveal how Rheumatology providers characterize visit complexity. The dominant code is 99214 at 73.2% 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 18.5% and high-complexity 99215 visits represent 8.3% of the mix.

Care management program adoption presents a significant revenue opportunity for Rheumatology practices. Chronic Care Management (1.7%), Remote Patient Monitoring (0.0%), Behavioral Health Integration (0.0%) remain substantially underutilized relative to the eligible patient population. Annual Wellness Visit adoption sits at just 0.7%, 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: 4,906 providers analyzedLast updated: January 2026

E&M Coding Distribution

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

99213Level 3
18.5%
99214Level 4
73.2%
99215Level 5
8.3%

Program Adoption Rates

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

CCM

Chronic Care Management

1.7%Target: 15%

RPM

Remote Patient Monitoring

0.0%Target: 10%

BHI

Behavioral Health Integration

0.0%Target: 10%

AWV

Annual Wellness Visits

0.7%Target: 70%

Top Rheumatology Providers

Top 50 Rheumatology providers by Medicare payment volume.

ProviderPatientsMedicare $
Craig CarsonM.D.766$9.7M
Nehal GandhiMD691$8.0M
Joy SchechtmanDO855$7.8M
Elizabeth ClaytonMD751$7.1M
Barry EibschutzM.D.638$6.6M
Aaron BroadwellMD987$6.4M
Shariar Cohen-GadolM.D.1,286$6.2M
Vipul JoshiMD728$5.6M
Nehad SolomanM.D.1,000$5.1M
Michael JosephMD1,046$5.1M
Larry BroadwellMD771$5.0M
Aymen KenawyM.D.1,014$5.0M
Richard HoukM.D.495$4.9M
Rachel ChaseMD341$4.8M
Arash HorizonM.D.549$4.8M
Melvin ChurchillM.D.1,075$4.8M
Vinicius Costa Diniz DominguesM.D.589$4.6M
Marc HirshM.D.1,387$4.6M
David CarletonMD629$4.3M
Richard HaddadMD524$4.3M
Phong NguyenMD992$4.2M
Steven GolombekM.D.1,023$4.2M
Ana KumarM.D.444$4.1M
Daniel WatrousM.D.1,107$4.0M
Raza HashmiM.D.563$3.9M
Ananda WalaliyaddaM.D.347$3.9M
Ken ArakawaM.D.870$3.8M
Richard JonesMD805$3.8M
Alexander HuD.O.778$3.8M
Noha MohamedMD508$3.8M
Elena FlaggM.D.445$3.8M
Eugenia Rullan BidotMD561$3.7M
Debbie FoleyD.O.373$3.7M
Edmund LacourM.D.833$3.7M
Mohamed AboyoussefM.D.538$3.6M
Kevin KempfMD612$3.6M
Amir AghaMD493$3.6M
Susan ZitoD.O.258$3.6M
Latisha HeinlenMD305$3.6M
Areena SwarupMD720$3.6M
Constantine SaadehM.D.760$3.6M
Edward AllegraMD565$3.6M
Richard KimDO506$3.6M
Saima ChohanMD718$3.5M
Meera OzaMD501$3.5M
Rick ChatwellM.D.978$3.5M
Jinsong ZhangM.D.375$3.5M
Eric LeeM.D.524$3.5M
Amanda FowlerM.D.967$3.4M
Adam RosenMD401$3.4M

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