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    Thomas Matsko — Billing Profile & Reimbursement Data

    NPI 1093824179 · Great Falls, MT · Ophthalmology Physician

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    Thomas Matsko is a ophthalmology physician provider located in Great Falls, Montana. This profile covers 11 Medicare and 2 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 TypeIndividual
    OrganizationThomas Matsko
    Address2800 11th Ave S
    CityGreat Falls
    StateMT
    ZIP59405
    TaxonomyOphthalmology Physician
    NPI EnumeratedAugust 30, 2006

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

    Payer SourceTotal Paid
    Medicare$684.5K
    Medicaid$147.1K

    Key Findings

    This provider bills materially more to Medicare than to Medicaid, with Total Medicare revenue of $684.5K versus Total Medicaid revenue of $147.1K; Medicare is clearly the dominant payer by scale for this practice. The NPI was enumerated on 2006-08-30 (~20 years ago), indicating a long-tenured presence in the market that aligns with sustained billing across both programs.

    Medicare revenue is highly concentrated in a small set of services: the precomputed top 3 Medicare codes account for 89.7% of this provider's total Medicare revenue. Those top drivers are J0178 (662 claims, $693 avg paid/claim, $458.8K revenue, 67.0% of Medicare revenue), 92012 (1.7K claims, $61 avg paid/claim, $105.8K revenue, 15.5%), and 92134 (1.8K claims, $28 avg paid/claim, $49.4K revenue, 7.2%), which together define the primary revenue stream.

    Medicaid billing is even more concentrated: the precomputed top 3 Medicaid codes account for 100.0% of this provider's total Medicaid revenue, and commercial activity is dominated by routine visits and retinal imaging. On Medicaid the two listed drivers are 92012 (2.5K claims, $42 avg paid/claim, $104.4K revenue, 70.6% of Medicaid revenue) and 92134 (2.3K claims, $19 avg paid/claim, $43.5K revenue, 29.4%), showing almost all Medicaid dollars come from intermediate eye exams and posterior segment imaging.

    The mix of top Medicare codes — J0178 (injection, aflibercept), 92012 (established intermediate eye exam), and 92134 (retinal imaging) — indicates a practice structured around medical retinal care and repeat visit management. High-volume, procedure-driven billing for J0178 together with heavy use of 92134 suggests an operational model that supports an injection clinic workflow with frequent follow-up imaging and established-patient visits.

    Competitive standing is mixed across payers and codes: for Medicare this provider is an extreme outlier on 92012 (rank #118 of 17177, 99th percentile), and notably above typical on 92134 (rank #1263 of 26868, 95th percentile), signaling unusually high national volume of intermediate exams and retinal imaging. By contrast, the largest Medicare revenue source J0178 ranks #1685 of 3204 (47th percentile), a typical national volume for aflibercept injections despite its outsized contribution to this provider's Medicare revenue.

    In-state competitive positioning on Medicaid shows the provider ranks among the higher-volume peers for core ophthalmology services but not as an extreme outlier: 92012 is ranked #5 of 33 in-state (88th percentile) and 92134 is ranked #5 of 16 in-state (73th percentile). Those placements imply the provider is a meaningful regional source of routine ophthalmic care and imaging in Montana, capturing substantial state Medicaid activity for office-based eye care.

    Operationally, the billing profile—large counts of 92012 and 92134 across both payers plus dominant Medicare revenue from J0178—is consistent with management of chronic retinal conditions (for example neovascular disease) that require recurring intravitreal injections and serial OCT/retinal imaging. This blend of high follow-up visit volume and procedure-based revenue suggests the practice’s capacity and scheduling are adapted to frequent-return patients and procedure throughput rather than episodic surgical volume.

    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.

    11 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    J0178Injection, aflibercept, 1 mg660$690$458.8K
    92012For this CPT code, an Ophthalmologist sees an established patient for an intermediate level eye examination. Generally, a patient is considered to be "established" if the same physician, or any…1,730$60$105.8K
    92134The provider performs computerized diagnostic imaging of the retina in the posterior segment (back part) of the eye, interprets the data, and provides a report. The service may be on one or both eyes.1,760$30$49.4K
    67028The provider injects a medication into the vitreous chamber of the eye as an isolated procedure or a separate procedure unrelated to any other procedure being performed on the eye.390$80$30.8K
    67108The provider repairs a detached retina using heat produced by a laser beam or by freezing the tissues. He may attach a scleral buckle to simplify the passage of fluid through and behind the retina or…10$900$11.8K
    67041In this procedure, the provider removes scar tissue from the retinal membrane that obscures vision. He removes vitreous humor, the gelatinous material that gives shape to the eye, using a mechanical…10$800$11.2K
    92014An ophthalmologist sees an established patient for a comprehensive level eye examination. Generally, a patient is considered to be "established" if the same physician, or any physician in the group…90$80$6.8K
    92004The provider performs a comprehensive level ophthalmological evaluation of a new patient and initiates a diagnostic and treatment program for one or more visits.50$100$5.6K
    J9035Injection, bevacizumab, 10 mg40$60$2.1K
    76512The provider uses B–scan ultrasound imaging, with or without a non–qualitative A–scan superimposed, to examine the intraocular and orbital structures.40$40$1.5K

    Showing 1–10 of 11

    Medicare: Competitive Analysis & Benchmarks

    How this provider's Medicare billing volume and revenue compare to other providers nationally and within its state, across 11 CPT/HCPCS codes.

    View: State1 / 2

    Full comparison — all codes billed, vs. state median

    11 rows

    CPT/HCPCS CodeRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    J0178820460$680$663.4K
    670281220390$90$73.7K
    92014121170190$80$22.7K
    6710841010$1,140$20.5K
    6704141020$1,180$20K
    9201215080$60$11.9K
    J9035810100$50$10.3K
    921347160100$30$7.8K
    920045015040$80$4.4K
    921338314050$20$2K

    Showing 1–10 of 11

    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.

    2 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    92012For this CPT code, an Ophthalmologist sees an established patient for an intermediate level eye examination. Generally, a patient is considered to be "established" if the same physician, or any…2,490$40$104.4K
    92134The provider performs computerized diagnostic imaging of the retina in the posterior segment (back part) of the eye, interprets the data, and provides a report. The service may be on one or both eyes.2,290$20$43.5K

    Medicaid: Competitive Analysis & Benchmarks

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

    Full comparison — all codes billed, vs. Montana median

    2 rows

    CPT/HCPCS CodeDescriptionRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    92134The provider performs computerized diagnostic imaging of the retina in the posterior segment (back part) of the eye, interprets the data, and provides a report. The service may be on one or both eyes.5201,300$20$28.6K
    92012For this CPT code, an Ophthalmologist sees an established patient for an intermediate level eye examination. Generally, a patient is considered to be "established" if the same physician, or any…530270$10$12.6K

    Nearby Providers

    Other providers in the same ZIP code as Thomas Matsko, ranked by combined Medicare and Medicaid revenue.

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    Benefis Hospitals IncMTMulti-Specialty Clinic/Center$0$38.2M
    Great Falls Public SchoolsMTLocal Education Agency (LEA)$0$15M
    Great Falls Pediatric Dentistry, LLCMTPediatric Dentistry$0$14.9M
    Benefis Community Care, Inc.MTCase Management Agency$0$13.2M
    Great Falls Clinic LLCMTMulti-Specialty Clinic/Center$0$11.2M
    Easterseals-goodwill Northern Rocky Mountain, Inc.MTDevelopmentally Disabled Services Day Training Agency$0$7.4M
    Levi C Maltby Dmd P.C.MTDentist$0$6M
    Great Falls Emergency Services IncMTLand Ambulance$842.6K$4.4M
    Benefis Hospitals, Inc.MTAir Ambulance$0$5.2M
    Easterseals Goodwill N. Rocky MtnMTDevelopmentally Disabled Services Day Training Agency$0$3.7M

    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. Montana Distribution
    Thomas Matsko — 2 of 11 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — Montana
    Medicaid Revenue by Year vs. Montana Providers
    0 of 7 years billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Claims Volume vs. Montana Distribution
    Thomas Matsko — 0 of 2 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — Montana