Illinois Medicare Revenue Analysis

CMS Medicare Physician & Other Practitioners data

Illinois has 47K Medicare providers who collectively received $4262.6M in Medicare payments, averaging $90K per provider. Illinois providers earn moderate Medicare revenue per provider, with significant opportunity to capture additional revenue through program enrollment and coding optimization.

The most common specialty is Nurse Practitioner with 6,796 providers, followed by Internal Medicine (3,673) and Physical Therapist in Private Practice (3,506). Nurse Practitioner providers in Illinois average $30K annually, with room to grow through CCM, RPM, and AWV program adoption.

The largest Medicare provider concentration is in Chicago (10,906 providers), with Springfield and Peoria 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: 47,277 providers analyzedLast updated: January 2026

Total Providers

47K

in Illinois

Total Medicare Payment

$4262.6M

Avg Payment / Provider

$90K

Total Services

145.6M

Illinois Performance Signals

Revenue per Provider

$90,162

+13.1% vs benchmark · national avg $79,744

Provider Market Share

4.0% of US

+100.0% vs benchmark · 47,277 providers

CCM Adoption

1.4%

-87.6% vs benchmark · national 11.3%

RPM Adoption

0.3%

-95.1% vs benchmark · national 6.5%

AWV Completion

8.6%

-50.8% vs benchmark · national 17.5%

Key Stats

47K
Total Providers(Illinois)
$90K
Avg Medicare Payment(per provider)
$4262.6M
Total Medicare Payments
Nurse Practitioner
Top Specialty(6,796 providers)

How This Compares

#13 of 62
National rank by avg Medicare payment
+13%vs national average
Illinois Medicare Revenue

Top Opportunities

#1
Chronic Care Management (99490)
$55.5M potential
#2
Remote Patient Monitoring (99454)
$38.9M potential
#3
Annual Wellness Visits (G0438/G0439)
$24.9M potential
Peer group: 47,277 providers
Confidence: High
CMS Medicare Public Data 2024
Data year: 2024

How Illinois Compares

#13
of 62 states
+13%
vs national avg

vs Neighboring States

Illinois
$90K
Indiana
$63K
-30%
Iowa
$64K
-29%
Kentucky
$56K
-38%
Missouri
$60K
-33%
Strongest Specialty
Nurse Practitioner
6,796 providers
Biggest Program Gap
CCM (99490)
1.4% adoption vs 11.3% national

Top Revenue Opportunities in Illinois

#1

Chronic Care Management (99490)

$55.5M
estimated annual opportunity

Only 1.4% of providers bill CCM vs 11.3% national average. 4,669 additional providers could adopt CCM to close this gap.

Current: 1.4%Target: 11.3%
high confidence· 4,669 providers
#2

Remote Patient Monitoring (99454)

$38.9M
estimated annual opportunity

RPM adoption is 0.3% vs 6.5% nationally. 2,908 providers could implement RPM programs.

Current: 0.3%Target: 6.5%
high confidence· 2,908 providers
#3

Annual Wellness Visits (G0438/G0439)

$24.9M
estimated annual opportunity

AWV completion at 8.6% trails the 17.5% national average. 4,197 additional providers could offer AWV services.

Current: 8.6%Target: 17.5%
high confidence· 4,197 providers

Market Opportunities by Specialty

Top 50 Providers in Illinois

ProviderPatientsMedicare $
Tempus Ai, Inc.23,842$132.0M
Cipher Global Llc389,834$45.1M
Quest Diagnostics Llc Il219,489$40.2M
Chicago Care Lab Services Llc353,987$33.4M
Luna Labs Llc333,148$31.4M
Cardiac Imaging Inc10,206$31.1M
Mars Lab Services Inc273,302$25.8M
Sinai Laboratory Corp89,972$23.8M
S K Diagnostics Inc227,271$21.4M
Us Spa Corp119,569$20.4M
Western Labs Company189,113$18.4M
Chicago Laboratory Consultant Llc163,103$18.4M
Medcare Laboratory Incorporated67,146$17.1M
Hallman Care Llc178,075$16.8M
Al-Ameer Testing Center Inc.177,056$16.7M
Superior Air-Ground Ambulance Service, Inc32,770$16.1M
Rainbow Lab Inc4,587$15.1M
Alpha Lab Services Inc84,286$15.1M
Fz Medical Group Inc59,490$15.1M
Advance Lab Company164,960$14.6M
Vcare Testing Centre Corp.136,973$12.8M
Zoom Lab Inc132,489$12.8M
Rt Pcr Test Near Me Inc37,242$12.7M
Az Labs Limited129,325$12.6M
Elite Medical Transportation Llc19,698$12.5M
City Of Chicago18,687$12.2M
Universal Health Solutions Inc129,084$12.1M
Heritage Labs, Inc.112,088$12.0M
Medtech Lab Llc107,355$10.1M
Century Clinics Llc55,168$9.8M
Daniel GutsteinMD260$9.3M
Star Labs Llc93,257$8.9M
Safeena Enterprises Inc1,662$8.6M
State Scientific Lab Llc81,422$7.7M
Hannan Lab Inc11,736$7.4M
Medlab Technologies Llc62,832$7.1M
Unic Labs Llc49,135$6.5M
Lifewatch Services, Inc20,059$6.3M
A&a Medlabs Llc26,848$6.2M
Chicago Vascular Asc Llc640$6.0M
Parthiv MehtaM.D.335$5.9M
Lifescan Labs Of Illinois, Llc8,281$5.6M
Amanda MckeeMSN, FNP1,198$5.5M
Star Lab, Inc13,897$5.4M
Michael McclintockM.D.925$5.4M
County Diagnostic Incorporation55,380$5.2M
Rahul KhapekarD.O.2,471$5.2M
Clarity Testing Services3,068$5.2M
Advanced Clinical Laboratory Inc50,435$5.1M
Chicago Clinical Laboratories, Ltd16,561$5.0M

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