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    OpenPayerNPI Medicare & MedicaidAndrew Strand
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    Andrew Strand — Billing Profile & Reimbursement Data

    NPI 1295077402 · Evansville, IN · Ophthalmology Physician

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    Andrew Strand is a ophthalmology physician provider located in Evansville, Indiana. This profile covers 21 Medicare and 3 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
    OrganizationAndrew Strand
    Address6149 E Columbia St
    CityEvansville
    StateIN
    ZIP47715
    TaxonomyOphthalmology Physician
    NPI EnumeratedMarch 26, 2013

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

    Payer SourceTotal Paid
    Medicare$4.3M
    Medicaid$72.1K

    Key Findings

    Practice is heavily anti-VEGF/injection–driven: Medicare revenue is dominated by intravitreal biologic therapy with J0178 accounting for $2.9M (66.0% of this provider's total Medicare revenue) and J2777 contributing $903.1K (20.8%). The top three Medicare codes together account for 91.7% of Medicare revenue, indicating the operation is primarily built around high-volume injection services rather than diversified clinic or surgical lines. This billing mix is consistent with a retina-focused medical ophthalmology practice delivering repeated in-office injections.

    High concentration of Medicare revenue creates single–service exposure: the precomputed figure shows the top 3 Medicare codes account for 91.7% of Medicare revenue, which concentrates financial performance on ongoing medication administration and associated injection procedures (J0178, J2777, 67028). That dependence means changes in drug mix, reimbursement, or utilization patterns for these specific codes would materially affect revenue. Clinically, this aligns with frequent recurring care (anti-VEGF/faricimab administrations) rather than episodic surgical throughput.

    Medicaid billing is negligible relative to Medicare: the provider reports $4.3M in Medicare revenue versus $72.1K in Medicaid revenue, indicating Medicare is the overwhelmingly dominant payer for this clinician. Medicaid activity is also concentrated — the top three Medicaid codes account for 100.0% of the provider's Medicaid revenue — so the small Medicaid volume mirrors the injection/imaging focus seen in Medicare but at an effectively minor scale.

    Competitive standing on key Medicare therapeutic codes is strong nationally: the provider ranks #61 of 3204 for J0178 in the 98th percentile and #185 of 4255 for 67028 in the 96th percentile, both noted as "notably above typical" national volume. By contrast, J2777 sits at #279 of 2039 (86th percentile, labeled typical/unremarkable), so while faricimab use is meaningful, the practice is especially high-volume for aflibercept administration. These rank percentiles indicate the provider is a major national participant for certain anti-VEGF injections and injection procedures.

    Medicaid competitive position is modest within-state: for Medicaid, 67028 ranks #40 of 55 (28th percentile) and J0178 ranks #21 of 24 (13th percentile), both characterized as typical/unremarkable in-state volumes. Despite being a high-volume Medicare injector, the provider is not a leading Medicaid injector in the state, suggesting either limited Medicaid patient access or payer mix preferences in the local market. The Medicaid footprint is therefore operationally minor compared with Medicare.

    Diagnostic imaging and E/M volume are notable and above typical levels: 92134 is reported at 2.6K Medicare claims with a rank in the 98th percentile and labeled an "extreme outlier, far above typical national volume," indicating heavy utilization of posterior-segment retinal imaging. In addition, E/M codes such as 99214 (808 claims, 96th percentile, "notably above typical") and 99212 (366 claims, 98th percentile, "notably above typical") show substantial outpatient visit volumes, supporting a high-visit, procedure-centric ambulatory workflow.

    Surgical retina procedures are present but minor to revenue: codes such as 67036, 67108, 67042 and 67041 appear with low claim counts and modest revenues relative to injections, indicating occasional vitreoretinal surgery but not a dominant surgical practice line. Typical/unremarkable percentile placements for many surgical codes imply the practice’s clinical throughput is weighted toward in-office injections and imaging rather than frequent OR-based procedures.

    Provider tenure and market implications: NPI was enumerated on 2013-03-26 (~13 years ago), reflecting a stable, established practice with more than a decade of billing history. Given the concentration in recurring intravitreal therapies and high national percentiles on key injection and imaging codes, the provider occupies a durable niche as a high-volume medical retinal injector in Medicare, with minimal Medicaid scale and a residual surgical capability.

    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.

    21 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    J0178Injection, aflibercept, 1 mg4,160$690$2.9M
    J2777Injection, faricimab‑svoa, 0.1 mg31,140$30$903.1K
    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.2,480$80$208.7K
    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.2,600$30$75.3K
    99214The provider sees an established patient for an office visit or other outpatient visit involving evaluation and management. The visit involves a moderate level of medical decision making, and/or the…810$90$71.1K
    J7312Injection, dexamethasone, intravitreal implant, 0.1 mg320$160$50.1K
    J2778Injection, ranibizumab, 0.1 mg220$180$40.6K
    67036The provider removes vitreous fluid from the eye to access the posterior segment of the eye and introduce surgical instruments through incisions in the pars plana.30$640$17.9K
    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…20$840$17.6K
    99204The provider sees a new patient for an office visit or other outpatient visit involving evaluation and management. The visit involves a moderate level of medical decision making, and/or the provider…150$110$16.8K

    Showing 1–10 of 21

    Medicare: Competitive Analysis & Benchmarks

    How this provider's Medicare billing volume and revenue compare to other providers nationally and within its state, across 21 CPT/HCPCS codes.

    View: State1 / 2

    Full comparison — all codes billed, vs. state median

    21 rows

    CPT/HCPCS CodeRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    J0178260830$690$868.8K
    J27775406,750$30$395.6K
    J27781310560$180$150K
    67028680550$80$78.6K
    J7312310280$160$47.7K
    67042132020$1,310$47K
    6703661030$1,040$37.4K
    6710862020$1,150$32.2K
    J35903750220$60$24.5K
    67041111020$1,000$22K

    Showing 1–10 of 21

    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.

    3 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    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.220$180$40.3K
    J0178Injection, aflibercept, 1 mg30$920$30.2K
    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.130$10$1.6K

    Medicaid: Competitive Analysis & Benchmarks

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

    Full comparison — all codes billed, vs. Indiana median

    3 rows

    CPT/HCPCS CodeDescriptionRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    J0178Injection, aflibercept, 1 mg2120470$610$598.3K
    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.40601,260$50$108.4K
    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.6080680$20$34.5K

    Related Providers

    Other providers that share a Tax Identification Number (TIN) with Andrew Strand, ranked by combined Medicare and Medicaid revenue.

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    Retina Institute Of California Medical Group, A California Medical ParCAOphthalmology Physician$0$64.4M
    Drew SommervilleINOphthalmology Physician$6.6M$10.6K
    Talley Medical-surgical Eye Care Associates PCINOphthalmology Physician$0$5.6M
    Ivan Castillo-salazarTXOphthalmology Physician$4.7M$0
    Clinton EllingsonIDRetina Specialist (Ophthalmology) Physician$2.7M$126.5K
    Sunil MalkaniFLOphthalmology Physician$2.6M$0
    Shivani ReddyINOphthalmology Physician$2.4M$0
    Michael SamuelCARetina Specialist (Ophthalmology) Physician$2.2M$0
    Diane FianderMIRetina Specialist (Ophthalmology) Physician$2.2M$0
    Michael DavisCARetina Specialist (Ophthalmology) Physician$2.1M$5.2K

    Nearby Providers

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

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    Indiana Exceptional Medical CareINInternal Medicine Physician$0$20.5M
    Familia Dental Evansville LLCINDental Clinic/Center$0$9.8M
    Affordable Dentures & Implants - Evansville, P.C.INDentist$0$7.3M
    Ginger Whitler, Inc.INPediatric Occupational Therapist$0$6.4M
    Physician Management Services Of Western Indiana, LLCINFamily Medicine Physician$0$3.8M
    Deaconess Hospital, IncINPsychiatry Physician$0$3.3M
    Tri-state Orthopaedic Surgeons, Inc.INOrthopaedic Surgery Physician$0$2.7M
    Evansville Primary Care LLCINFamily Medicine Physician$0$2.6M
    Crescent City Surgery Center LLCINAmbulatory Surgical Clinic/Center$2.3M$165K
    Joseph FolzINPain Medicine Physician$814.2K$68K

    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. Indiana Distribution
    Andrew Strand — 6 of 21 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — Indiana
    Medicaid Revenue by Year vs. Indiana Providers
    0 of 4 years billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Claims Volume vs. Indiana Distribution
    Andrew Strand — 0 of 3 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — Indiana