Medicare spending analysis for Psychiatry providers
Psychiatry accounts for $7.5B in Medicare payments across 203.7K providers.
The specialty's average markup of 2.6x is below the overall Medicare average of 3.77x.
AI-generated analysis based on Medicare payment data.
| Year | Payments | Services | Providers | YoY Change |
|---|---|---|---|---|
| 2014 | $909.5M | 15.8M | 21.7K | — |
| 2015 | $869.7M | 14.9M | 21.5K | -4.4% |
| 2016 | $835.9M | 14.4M | 21.4K | -3.9% |
| 2017 | $792.3M | 13.7M | 21.1K | -5.2% |
| 2018 | $771.6M | 13.0M | 21.0K | -2.6% |
| 2019 | $761.5M | 12.3M | 20.8K | -1.3% |
| 2020 | $662.3M | 10.7M | 19.8K | -13.0% |
| 2021 | $682.5M | 9.7M | 19.3K | +3.1% |
| 2022 | $607.5M | 8.7M | 18.8K | -11.0% |
| 2023 | $576.1M | 8.2M | 18.3K | -5.2% |
| # | Provider | State | Payments | Services | Avg/Service |
|---|---|---|---|---|---|
| 1 | Lazaro Cordoves | FL | $2.2M | 16.7K | $130.25 |
| 2 | Aqeel Khan | IL | $2.1M | 167.1K | $12.73 |
| 3 | Robert Morton | OK | $1.3M | 22.2K | $60.43 |
| 4 | Kamel Kamel | CA | $1.2M | 27.8K | $42.58 |
| 5 | Huiping Xu | TX | $998.2K | 16.7K | $59.90 |
| 6 | Lynne Lyons | MI | $992.7K | 2.2K | $461.28 |
| 7 | Pantea Farhadi | CA | $924.6K | 13.0K | $71.31 |
| 8 | Criselda Abad-Santos | CA | $802.1K | 6.8K | $117.17 |
| 9 | Priyadarshan Bajpayi | NY | $753.5K | 8.7K | $87.01 |
| 10 | Raul Rodriguez-Sora | AZ | $753.1K | 9.7K | $77.90 |
| 11 | Gadson Johnson | CA | $748.4K | 13.9K | $53.75 |
| 12 | Margaret Cassada | MS | $733.3K | 11.8K | $61.96 |
| 13 | Richard Phelps | FL | $711.7K | 7.1K | $100.93 |
| 14 | Alexander Heisman | NY | $703.3K | 7.0K | $100.36 |
| 15 | Hisham Soliman | CA | $696.6K | 11.7K | $59.77 |
| 16 | Teresa Poprawski | IL | $682.4K | 2.5K | $269.41 |
| 17 | Robert Kahn-Rose | CA | $662.1K | 7.9K | $83.46 |
| 18 | Daniel Culliford | NY | $633.4K | 5.3K | $119.64 |
| 19 | Matthew Targoff | FL | $629.7K | 7.6K | $82.35 |
| 20 | Srisai Gowda | NJ | $612.5K | 4.2K | $146.35 |
| 21 | Jonathan Schwartz | MA | $612.1K | 4.3K | $141.01 |
| 22 | Shankar Yalamanchili | AL | $606.8K | 9.4K | $64.73 |
| 23 | Anthony Quinn | NV | $604.9K | 16.5K | $36.62 |
| 24 | Haramandeep Singh | CA | $592.2K | 4.8K | $122.92 |
| 25 | James Rush | TX | $586.3K | 1.0K | $562.17 |
| Code | Description | Payments | Services | Avg/Service |
|---|---|---|---|---|
| 99214 | Established patient office or other outpatient visit, 30-39 minutes | $132.0M | 1.5M | $85.80 |
| 99213 | Established patient office or other outpatient visit, 20-29 minutes | $67.2M | 1.1M | $60.57 |
| 99232 | Subsequent hospital care with moderate levelof medical decision making, if using time, at least 35 minutes | $66.5M | 1.1M | $62.22 |
| 90833 | Psychotherapy with evaluation and management visit, 30 minutes | $37.5M | 729.4K | $51.39 |
| 99233 | Subsequent hospital care with moderate levelof medical decision making, if using time, at least 50 minutes | $29.3M | 309.2K | $94.63 |
| 90792 | Psychiatric diagnostic evaluation with medical services | $27.4M | 198.5K | $138.21 |
| 90868 | Treatment using magnetic field to stimulate nerve cells in brain, subsequent delivery and management | $21.1M | 153.1K | $138.16 |
| 99215 | Established patient office or other outpatient visit, 40-54 minutes | $19.2M | 153.7K | $124.69 |
| 90836 | Psychotherapy with evaluation and management visit, 45 minutes | $16.4M | 237.9K | $69.03 |
| 99231 | Subsequent hospital care with straightforward or low level of medical decision making, per day, if using time, at least 25 minutes | $16.0M | 410.1K | $39.09 |
| 90837 | Psychotherapy, 1 hour | $16.0M | 149.9K | $106.94 |
| 99223 | Initial hospital care with moderate level of medical decision making, if using time, at least 75 minutes | $12.4M | 93.2K | $133.43 |
| 99309 | Subsequent nursing facility care with moderate level of medical decision making, per day, if using time, at least 30 minutes | $10.3M | 123.2K | $83.56 |
| 99308 | Subsequent nursing facility care with straightforward level of medical decision making, per day, if using time, at least 15 minutes | $9.3M | 159.0K | $58.41 |
| 90834 | Psychotherapy, 45 minutes | $7.7M | 104.4K | $73.96 |
| 99222 | Initial hospital care with straightforward or low-level medical decision making, if using time, at least 55 minutes | $7.3M | 71.8K | $101.43 |
| G2083 | Office or other outpatient visit for the evaluation and management of an established patient that requires the supervision of a physician or other qualified health care professional and provision of greater than 56 mg esketamine nasal self-administration, | $5.9M | 6.3K | $942.39 |
| 90870 | Therapy using electrical currents | $5.6M | 67.4K | $82.42 |
| 99239 | Hospital discharge day management, more than 30 minutes | $5.3M | 59.5K | $89.27 |
| 99212 | Established patient office or other outpatient visit, 10-19 minutes | $4.5M | 122.7K | $36.82 |
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.