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Data Sources: Centers for Medicare & Medicaid Services (CMS), Medicare Provider Utilization and Payment Data
Disclaimer: This site is an independent journalism project. Data analysis and editorial content are not affiliated with or endorsed by CMS or any government agency. All spending figures are based on publicly available Medicare payment records.
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Methodology•Download Data
  1. Home
  2. Specialties
  3. Interventional Cardiology

Interventional Cardiology

Medicare spending analysis for Interventional Cardiology providers

🔎 Data Analysis

Interventional Cardiology accounts for $6.2B in Medicare payments across 30.9K providers.

The specialty's average markup of 4.0x is above the overall Medicare average of 3.77x.

AI-generated analysis based on Medicare payment data.

Total Payments (10yr)
$6.2B
Top Providers
50
States with Providers
52

Spending Trends (2014-2023)

Year-over-Year Breakdown

YearPaymentsServicesProvidersYoY Change
2014$183.0K6.6K1—
2015$395.3M6.7M2.0K+215965.3%
2016$537.4M9.1M2.6K+35.9%
2017$626.9M10.9M2.9K+16.7%
2018$704.2M11.6M3.3K+12.3%
2019$782.9M12.1M3.6K+11.2%
2020$721.4M11.1M3.9K-7.9%
2021$820.6M11.9M4.1K+13.7%
2022$813.1M11.9M4.3K-0.9%
2023$834.1M12.2M4.4K+2.6%

Top Interventional Cardiology Providers

#ProviderStatePaymentsServicesAvg/Service
1Moinakhtar LalaCA$5.7M18.1K$315.76
2Mohamed KhanCA$5.5M40.0K$138.37
3Bahram KhazaiFL$4.4M6.8K$657.96
4Matthew ComstockOK$2.8M7.8K$357.69
5Wassim ShaheenKS$2.8M34.4K$80.41
6Aalok PatelFL$2.7M20.6K$129.20
7Foluso FakoredeMS$2.6M17.2K$148.71
8Armita AtashbandTX$2.5M35.1K$70.03
9Francisco NascimentoFL$2.4M16.5K$142.48
10Rafael ValenciaNV$2.3M24.7K$91.31
11Stanley DuchmanTX$2.2M10.4K$208.86
12Kishor VoraKY$2.0M71.1K$28.63
13Don LeeCA$1.9M12.2K$152.72
14Ricardo CigarroaTX$1.8M140.0K$13.15
15Christopher DouglasMS$1.7M19.6K$86.83
16Jason HeckendornFL$1.7M11.2K$149.94
17Bernard TopiFL$1.6M12.4K$131.85
18Stefano Sdringola-MarangaTX$1.6M5.6K$290.45
19Marcus SmithOK$1.6M9.2K$175.12
20Weston HickeyTX$1.6M9.4K$168.95
21Fadi AlameddineTX$1.6M11.7K$134.69
22John KingMS$1.5M16.0K$96.23
23Mahir ElderMI$1.5M19.9K$75.56
24Kevin BoranCA$1.4M19.1K$75.06
25William StephanIL$1.4M5.3K$262.78

Top Procedures

CodeDescriptionPaymentsServicesAvg/Service
99214Established patient office or other outpatient visit, 30-39 minutes$152.6M1.7M$87.55
93306Ultrasound of heart with color-depicted blood flow, rate, direction and valve function$76.6M930.8K$82.34
92928Insertion of stents with balloon dilation of coronary artery or branch, single artery or branch$37.5M90.2K$416.27
93458Insertion of tube in left lower heart chamber and coronary artery for diagnosis with review by radiologist$33.3M173.9K$191.53
78452Nuclear medicine studies of heart muscle at rest and with stress and spect$32.3M166.1K$194.33
99233Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes$28.4M300.1K$94.76
99232Subsequent hospital care with moderate levelof medical decision making, if using time, at least 35 minutes$27.3M436.7K$62.45
78431Nuclear medicine studies of blood flow in heart muscle at rest and with stress with concurrent ct scan$24.8M18.3K$1.4K
99215Established patient office or other outpatient visit, 40-54 minutes$23.2M178.8K$129.60
99223Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes$23.1M170.2K$135.52
99204New patient office or other outpatient visit, 45-59 minutes$22.7M199.9K$113.58
99213Established patient office or other outpatient visit, 20-29 minutes$20.5M342.8K$59.95
A9555Rubidium rb-82, diagnostic, per study dose, up to 60 millicuries$20.0M50.1K$398.53
78492Nuclear medicine studies of blood flow in heart muscle at rest and with stress$19.4M18.9K$1.0K
33361Replacement of aortic valve through the skin and femoral artery$16.2M27.3K$592.97
37229Removal of plaque in artery of leg, initial vessel$15.6M2.5K$6.1K
J2785Injection, regadenoson, 0.1 mg$14.8M348.6K$42.39
37225Removal of plaque in arteries of leg$12.8M3.2K$4.0K
99222Initial hospital care with straightforward or low-level medical decision making, if using time, at least 55 minutes$11.5M114.0K$100.68
93880Ultrasound of both sides of head and neck blood flow$11.0M102.0K$107.43

Geographic Distribution

FL
$110.5M
382 providers
TX
$94.3M
441 providers
CA
$85.5M
296 providers
IL
$50.1M
240 providers
AZ
$44.6M
130 providers
NY
$39.4M
207 providers
LA
$28.0M
105 providers
VA
$24.3M
125 providers
NJ
$22.9M
87 providers
OK
$22.4M
100 providers
MS
$21.6M
50 providers
MI
$21.5M
137 providers
PA
$20.1M
193 providers
GA
$17.7M
134 providers
NC
$16.9M
132 providers
OH
$16.4M
175 providers
TN
$15.7M
126 providers
WA
$15.5M
119 providers
AL
$14.3M
67 providers
MO
$13.6M
114 providers
SC
$13.4M
66 providers
IN
$13.2M
114 providers
KY
$11.7M
73 providers
NV
$8.4M
31 providers
IA
$8.3M
49 providers
WI
$8.1M
81 providers
CO
$7.9M
73 providers
MA
$7.0M
61 providers
KS
$6.9M
33 providers
NE
$6.0M
38 providers

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Data Sources

  • • Centers for Medicare & Medicaid Services (CMS)
  • • Medicare Provider Utilization and Payment Data (2014-2023)
  • • CMS National Health Expenditure Data

Last Updated: February 2026 (data through 2023, the latest CMS release)

Note: All data is from publicly available Medicare records. OpenMedicare is an independent journalism project not affiliated with CMS.