Cardiology in Indiana

CMS Medicare Physician & Other Practitioners data

Key Insight: Indiana Cardiology providers earn 33% less than the national average of $180K.

Provider Count

373

Cardiology in Indiana

Avg Payment / Provider

$120K

vs National Avg

$180K

National benchmark for Cardiology

Peer group: 373 providers
Confidence: High
CMS Medicare Public Data 2024
Data year: 2024

Key Stats

373
Cardiology providers in Indiana
$120K
Average Medicare payment per provider
$44.6M
Total Medicare payments

How This Compares

#29 of 53
National rank by avg Medicare payment
-33%vs national average
Cardiology in Indiana

Top Opportunities

#1
CCM Expansion (99490)
$6.0M potential
#2
RPM Program Launch (99454)
$588K potential
#3
AWV Growth (G0438/G0439)
$262K potential

Cardiology in Indiana — Performance Signals

Cardiology Revenue

$119,671

-33.4% vs benchmark · national avg $179,674

National Percentile

46th

-4.0% vs benchmark · among all states for Cardiology

CCM Adoption

18.0%

0.0% vs benchmark · national 18.0%

RPM Adoption

12.0%

0.0% vs benchmark · national 12.0%

CardiologyIndiana vs Other States

#29
of 53 states
46th
percentile nationally
-33%
vs national avg

Cardiology in Neighboring States

Indiana
$120K
Illinois
$172K
+44%
Kentucky
$112K
-6%
Michigan
$115K
-4%
Ohio
$94K
-22%

Program Adoption vs Cardiology Benchmark

-17pts
CCM
-12pts
RPM
-15pts
AWV

Top Revenue Opportunities for Cardiology in Indiana

#1

CCM Expansion (99490)

$6.0M
estimated annual opportunity

1.3% of Cardiology providers bill CCM vs 18.0% specialty benchmark. 62 additional providers could enroll ~122 eligible patients each.

Current: 1.3%Target: 18.0%
high confidence· 62 providers
#2

RPM Program Launch (99454)

$588K
estimated annual opportunity

RPM adoption at 0.3% is below the 12.0% Cardiology benchmark. 44 providers could implement remote monitoring.

Current: 0.3%Target: 12.0%
high confidence· 44 providers
#3

AWV Growth (G0438/G0439)

$262K
estimated annual opportunity

AWV rate of 0.3% is 14.7 percentage points below the 15.0% Cardiology target.

Current: 0.3%Target: 15.0%
high confidence· 55 providers

Top Cardiology Providers in Indiana

ProviderPatientsMedicare $
Sulman HussainD.O.1,017$847K
Wail AsfourM.D.582$843K
Mohan KesaniM.D.507$565K
Ovais RazaMD, FACC966$562K
Bruce WallerMD4,778$540K
Bapineedu GondiMD1,213$489K
Ravi BhagwatM.D.492$431K
Zulfiqar MirzaMD369$391K
Sandeep SehgalM.D.1,133$386K
Wai LeeM.D.966$381K
Arshad MalikMD370$371K
Anuradha DivakaruniM.D.738$369K
Zlatan StepanovicM.D.753$365K
Athanasios ThomaidesM.D.294$333K
Neil KabousMD648$327K
Keith AtassiM.D.850$326K
Edward ShmuklerMD1,324$319K
James NeahringM.D.1,643$318K
Adam DawkinsMD1,337$311K
Nawar MerchoMD793$309K
Shashidhar DivakaruniM.D.403$306K
Shantilal PatelM.D.590$304K
Krishna NamburiM.D.672$301K
Pastor LlobetMD376$289K
Vikash KhuranaM.D.2,047$288K
Vijay ShahMD517$285K
Omar HusseiniM.D.829$283K
Joshua LeonardMD787$270K
Abdul KawamlehMD969$264K
Tahir KhokherM.D.3,308$263K
Syed RazaMD723$259K
Geoffrey DayMD757$257K
Anthony VoelkelMD450$249K
Ahmed Abdel-LatiefMD850$248K
Jay ShahM.D1,234$247K
Naveen LalM.D.321$244K
Rakesh KansalMD470$233K
Louis LopezMD338$231K
Elias DalloulMD676$229K
Boris SagalovskyM.D.661$226K
Kais YehyawiMD1,110$224K
Lakshmana PendyalaMD534$222K
Mohamad MartiniM.D.652$221K
Mihas KodencheryMD315$219K
Akram KholokiM.D.600$219K
Tony NasserMD545$218K
Joseph SamynM.D.953$211K
Faheem AhmadMD1,324$211K
Sam HansenMD829$208K
John McgintyM.D.768$207K
Data: CMS Medicare Physician & Other Practitioners, 2024Coverage: 373 providers analyzedLast updated: January 2026

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