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    OpenPayerNPI Medicare & MedicaidM Holdings LLC
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    M Holdings LLC — Billing Profile & Reimbursement Data

    NPI 1043858996 · Lexington, SC · Pharmacy

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    M Holdings LLC is a pharmacy provider located in Lexington, South Carolina. This profile covers 19 Medicare and 11 Medicaid CPT/HCPCS procedure codes, with claims volume, average reimbursement, and total revenue by code, benchmarked against other providers billing the same services.

    Provider details (source: NPPES NPI Registry)

    FieldValue
    Entity TypeOrganization
    OrganizationM Holdings LLC
    Address808 Highway 378 Ste A
    CityLexington
    StateSC
    ZIP29072
    TaxonomyPharmacy
    NPI EnumeratedDecember 11, 2019

    Lifetime revenue by payer source (source: CMS Medicare & Medicaid claims data)

    Payer SourceTotal Paid
    Medicare$2.5M
    Medicaid$355.1K

    Key Findings

    This provider is heavily Medicare-weighted: lifetime Medicare revenue is $2.5M versus Medicaid revenue of $355.1K, so Medicare accounts for the large majority of billed revenue and is the primary commercial channel for this entity’s services. Medicaid activity exists but is an order of magnitude smaller in scale.

    Medicare revenue is concentrated in a few high-value codes: the precomputed top three Medicare codes account for 54.4% of total Medicare revenue, driven by 0241U ($750.7K, 29.6%), 91322 ($375.7K, 14.8%), and K1034 ($253K, 10.0%). This concentration indicates the business is materially dependent on a small set of vaccine- and COVID-test–related codes for most of its Medicare receipts.

    The code mix and volumes point to a pharmacy operation that focuses on COVID-19 testing and vaccination services: high counts for K1034 (21.1K claims) show large-scale distribution/processing of nonprescription self-tests, while vaccine administration codes such as 91322, 91320, 90694 and in-home administration M0201 (4.3K claims, $146.4K) indicate active vaccination services and at-home delivery. Specimen-collection and lab-test codes like G2023 (5K claims, $114.7K) and multiple immunoassay and nucleic acid codes further confirm substantial testing throughput.

    The provider is a strong national outlier on several Medicare codes: 0241U ranks #2 of 2910 providers (100th percentile) and is labeled an "extreme outlier," M0201 ranks #1 of 375 providers (100th percentile, extreme outlier), and 90694 ranks #12 of 51679 providers (100th percentile, extreme outlier). Multiple other top Medicare codes are at the 100th percentile or described as "notably above typical national volume," indicating a dominant position nationally for select vaccine and testing services.

    By contrast, the provider’s Medicaid footprint is more concentrated in a few testing codes and is not broadly dominant in-state: Medicaid top three codes account for 70.9% of Medicaid revenue, led by U0004 ($146.9K, 41.4%), 87811 ($58.1K, 16.4%), and 87804 ($46.5K, 13.1%). U0004 ranks #8 of 17 in-state (56th percentile) and is described as "typical, unremarkable volume," so the provider appears to be a modest participant in South Carolina Medicaid testing markets rather than a statewide leader.

    Medicaid competitive signals are mixed across specific codes: some testing codes (87811, 87804, G2023) show meaningful claim volumes but generally fall in mid-to-upper percentiles in-state (for example 87811 at 74th percentile), while other codes such as 0241U have low in-state rank (24.8K claims nationally but rank #48 of 54 in-state, 11th percentile). Overall, Medicaid activity appears focused on lab testing reimbursement rather than the high-volume vaccination and in-home administration that drive Medicare revenue.

    The provider’s operational profile creates concentration risk and strategic sensitivity to changes in testing and vaccination demand: with Medicare top-three codes accounting for 54.4% of Medicare revenue and Medicaid top-three codes accounting for 70.9% of Medicaid revenue, shifts in reimbursement, public-health testing needs, or vaccine uptake for a small number of codes could materially affect revenue. Analysts should monitor utilization of 0241U, K1034, U0004, and the major vaccine administration codes as bellwethers.

    The NPI was enumerated on 2019-12-11 (~7 years ago), indicating a relatively recent enrollment horizon; within that timeframe the provider scaled to high volumes on several pandemic-era codes. This tenure, combined with extreme outlier status on multiple Medicare codes, suggests a rapid operational ramp focused on COVID-era testing and vaccination services rather than a long-standing, broad-spectrum pharmacy billing profile.

    Medicare: Total Revenue Breakdown by CPT/HCPCS Code

    Medicare revenue breakdown by CPT/HCPCS procedure code.

    View: Bar Chart1 / 2

    Medicare: Complete Services Breakdown

    The CPT/HCPCS codes generating the most Medicare revenue for this provider.

    19 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    0241UN/A5,360$140$750.7K
    91322This code represents a SARS–CoV–2 vaccine product administered by intramuscular injection to reduce the patient’s risk of contracting COVID–19. The dosage is 50 mcg/0.5 mL.2,630$140$375.7K
    K1034Provision of covid-19 test, nonprescription self-administered and self-collected use, fda approved, authorized or cleared, one test count21,080$10$253K
    90694This code represents a vaccine product administered into the muscle to protect against four strains of influenza (flu). It is an inactivated, adjuvanted, preservative–free vaccine given as a 0.5 mL…2,360$80$179.4K
    91320This code represents a SARS–CoV–2 vaccine product (tris–sucrose formulation) administered by intramuscular injection to reduce the patient’s risk of contracting COVID–19. The dosage is 30 mcg/0.3 mL.1,310$130$167.9K
    90480The provider administers the first or only component of a SARS–CoV–2 (COVID–19) vaccine by intramuscular injection to reduce the patient's risk of contracting COVID–19.3,850$40$150K
    M0201Administration of pneumococcal, influenza, hepatitis b, and/or covid-19 vaccine inside a patient's home; reported only once per individual home per date of service when such vaccine administration(s)…4,310$30$146.4K
    G2023Specimen collection for severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), any specimen source4,990$20$114.7K
    87811The lab analyst performs the technical lab test to analyze for the presence of severe acute respiratory syndrome coronavirus 2 (SARS–CoV–2) (Coronavirus disease [COVID–19]) in a specimen by…2,330$40$95.5K
    90677This code represents a vaccine product administered intramuscularly to protect against pneumococcal disease, a bacterial infection. This is a 20–valent vaccine, protecting against 20 strains of the…270$280$76.1K

    Showing 1–10 of 19

    Medicare: Competitive Analysis & Benchmarks

    How this provider's Medicare billing volume and revenue compare to other providers nationally and within its state, across 19 CPT/HCPCS codes.

    View: State1 / 2

    Full comparison — all codes billed, vs. state median

    19 rows

    CPT/HCPCS CodeRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    G20231102,620$20$58.8K
    M020111040$30$17.6K
    91322155090$140$17K
    0241U110030$140$13.7K
    91320250050$130$12.7K
    9069411,05070$80$9.5K
    87637110040$140$9.4K
    K10342550430$10$9K
    9067731,23020$280$8.9K
    904801880100$30$4.5K

    Showing 1–10 of 19

    Medicaid: Total Revenue Breakdown by CPT/HCPCS Code

    Medicaid revenue breakdown by year and by CPT/HCPCS procedure code, including monthly billing trends and the top codes driving revenue.

    View: By Year1 / 3

    Medicaid: Complete Services Breakdown

    Every CPT/HCPCS code this provider has billed to Medicaid, with claims volume, average payment, and total revenue.

    11 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    U00042019-ncov coronavirus, sars-cov-2/2019-ncov (covid-19), any technique, multiple types or subtypes (includes all targets), non-cdc, making use of high throughput technologies as described by…1,190$120$146.9K
    87811The lab analyst performs the technical lab test to analyze for the presence of severe acute respiratory syndrome coronavirus 2 (SARS–CoV–2) (Coronavirus disease [COVID–19]) in a specimen by…810$70$58.1K
    87804The analyst performs an immunoassay with direct optical, meaning visual, observation to detect influenza, also called flu, in a patient sample, typically a throat or nasal swab or nasal washings.860$50$46.5K
    G2023Specimen collection for severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), any specimen source1,540$30$43.2K
    87636The lab analyst performs the technical steps to detect and differentiate severe acute respiratory syndrome coronavirus 2 (SARS–CoV–2), influenza A, and influenza B using a multiplex amplified nucleic…200$140$28.3K
    0241UN/A80$230$18.8K
    87428The lab analyst performs an immunoassay to qualitatively or semiquantitatively evaluate the patient specimen for antigens of severe acute respiratory syndrome (SARS) coronavirus, such as SARS–CoV–2…90$60$5.4K
    U0005Infectious agent detection by nucleic acid (dna or rna); severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), amplified probe technique, cdc or non-cdc,…130$30$4K
    87637The lab analyst performs the technical steps to detect and differentiate severe acute respiratory syndrome coronavirus 2 (SARS–CoV–2), influenza A, influenza B, and respiratory syncytial virus (RSV)…20$150$2.4K
    0012AN/A20$40$670

    Showing 1–10 of 11

    Medicaid: Competitive Analysis & Benchmarks

    How this provider's Medicaid billing volume and revenue compare to other South Carolina providers billing the same CPT/HCPCS codes.

    Full comparison — all codes billed, vs. South Carolina median

    11 rows

    CPT/HCPCS CodeDescriptionRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    87636The lab analyst performs the technical steps to detect and differentiate severe acute respiratory syndrome coronavirus 2 (SARS–CoV–2), influenza A, and influenza B using a multiplex amplified nucleic…4870600$130$307.2K
    0241UN/A48501,840$90$291.4K
    87637The lab analyst performs the technical steps to detect and differentiate severe acute respiratory syndrome coronavirus 2 (SARS–CoV–2), influenza A, influenza B, and respiratory syncytial virus (RSV)…5960540$110$271.5K
    U00042019-ncov coronavirus, sars-cov-2/2019-ncov (covid-19), any technique, multiple types or subtypes (includes all targets), non-cdc, making use of high throughput technologies as described by…820990$80$159.1K
    87428The lab analyst performs an immunoassay to qualitatively or semiquantitatively evaluate the patient specimen for antigens of severe acute respiratory syndrome (SARS) coronavirus, such as SARS–CoV–2…103140270$60$89.1K
    87811The lab analyst performs the technical lab test to analyze for the presence of severe acute respiratory syndrome coronavirus 2 (SARS–CoV–2) (Coronavirus disease [COVID–19]) in a specimen by…30110290$40$84.4K
    G2023Specimen collection for severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), any specimen source2670370$30$52.1K
    87804The analyst performs an immunoassay with direct optical, meaning visual, observation to detect influenza, also called flu, in a patient sample, typically a throat or nasal swab or nasal washings.207540350$20$52K
    U0005Infectious agent detection by nucleic acid (dna or rna); severe acute respiratory syndrome coronavirus 2 (sars-cov-2) (coronavirus disease [covid-19]), amplified probe technique, cdc or non-cdc,…4460390$10$28.8K
    0012AN/A386050$40$2.9K

    Showing 1–10 of 11

    Nearby Providers

    Other providers in the same ZIP code as M Holdings LLC, ranked by combined Medicare and Medicaid revenue.

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    Southern Medical Management, LLCSCPediatrics Physician$0$43.9M
    Allcaregivers, Inc.SCNursing Care Agency$0$33.3M
    South Carolina Dept Of Mental Health Accounting OfficeSCMental Health Clinic/Center (Including Community Mental Health Center)$0$32M
    Lexington County EmsSCAmbulance$2.9M$6.9M
    Lexington Health IncSCUrgent Care Clinic/Center$0$8.7M
    Key Care Health Services, LLCSCHome Health Agency$0$8.5M
    Capital City Therapy Group, LLCSCSpecialist$0$7.3M
    Health Promotion SpecialistsSCDental Hygienist$0$6.5M
    Lexington School District OneSCLocal Education Agency (LEA)$0$5.7M
    Lexington Health IncSCPediatric Adolescent Medicine Physician$0$5.7M

    Frequently Asked Questions

    References

    1. 1.Medicare Physician & Other Practitioner by Provider and Service. CMS.gov.Provider-level Medicare Part B utilization and payment data.
    2. 2.NPPES NPI Registry. CMS.gov.National Provider Identifier registry used for provider enumeration and taxonomy metadata.

    Trek Health ingests and normalizes Transparency in Coverage data and payer policy updates to give provider organizations a clear view of how commercial reimbursement behaves across markets, payers, and services. Our platform transforms raw payer disclosures into structured intelligence that supports contract evaluation, payer negotiations, and service line strategy. By combining market benchmarks with ongoing policy visibility, Trek helps teams identify variability, risk, and opportunity in commercial reimbursement. The result is faster insight, stronger negotiating positions, and more informed financial decisions.

    Medicare Revenue by CPT/HCPCS Code
    Claims Volume vs. South Carolina Distribution
    M Holdings LLC — 18 of 19 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — South Carolina
    Medicaid Revenue by Year vs. South Carolina Providers
    0 of 3 years billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Claims Volume vs. South Carolina Distribution
    M Holdings LLC — 0 of 11 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — South Carolina