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    OpenPayerNPI Medicare & MedicaidCardionet, LLC.
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    Cardionet, LLC. — Billing Profile & Reimbursement Data

    NPI 1427320399 · Pleasanton, CA · Physiological Laboratory

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    Cardionet, LLC. is a physiological laboratory provider located in Pleasanton, California. This profile covers 6 Medicare and 10 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
    OrganizationCardionet, LLC.
    Address4430 Rosewood Dr Ste 200
    CityPleasanton
    StateCA
    ZIP94588
    TaxonomyPhysiological Laboratory
    NPI EnumeratedFebruary 7, 2012

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

    Payer SourceTotal Paid
    Medicare$112.2M
    Medicaid$1M

    Key Findings

    CARDIONET, LLC. (Physiological Laboratory, Pleasanton, CA) bills predominantly for ambulatory cardiac monitoring services: the Medicare and Medicaid top codes are dominated by wearable/event ECG monitoring procedures (93229, 93271 and related ECG recording/analysis codes) and a home INR materials code (G0249). The code mix and descriptions indicate a service-line focused on placing, monitoring and analyzing wearable cardiac monitors and processing transmitted ECG data rather than in‑person diagnostic or treatment encounters.

    Medicare revenue is highly concentrated: the provider reported $112.2M in total Medicare revenue and its top three Medicare codes account for 99.9% of that Medicare revenue. The largest driver is 93229 ($103.1M, 92.0% of Medicare revenue), followed by G0249 ($6.5M, 5.8%) and 93271 ($2.4M, 2.2%), showing near-total dependence on a very small set of remote monitoring services.

    Medicaid revenue is similarly focused but on a much smaller scale: total Medicaid revenue is $1M with the top three Medicaid codes accounting for 97.9% of that amount. The principal Medicaid drivers are 93229 ($905.8K, 89.5% of Medicaid revenue), 93271 ($47.1K, 4.7%), and G0249 ($38.5K, 3.8%), indicating the same remote cardiac monitoring service-line is the core Medicaid offering.

    The provider’s payer mix is heavily Medicare-skewed: reported Medicare revenue of $112.2M dwarfs Medicaid revenue of $1M, so CARDIONET operates effectively as a Medicare-dominated business in scale and financial exposure. This concentration implies revenue and reimbursement risk is tied chiefly to Medicare policy and coverage for ambulatory cardiac monitoring.

    CARDIONET’s competitive standing on its core Medicare codes is exceptional: it ranks #1 of 2091 nationally for 93229 (100th percentile; extreme outlier) and #1 of 34 for 93271 (100th percentile; extreme outlier), while G0249 ranks #3 of 65 (97th percentile; typical, unremarkable volume). Those ranks characterize the provider as a national leader and outlier for wearable ECG monitoring volume and revenue, substantially above typical national peers for the same services.

    State-level Medicaid comparisons mirror the national pattern for its flagship code: 93229 ranks #2 of 85 in-state (99th percentile; extreme outlier), while 93271 ranks #3 of 16 (87th percentile; typical, unremarkable) and G0249 ranks #4 of 6 (40th percentile; typical, unremarkable). This indicates dominant state-level volume for the primary wearable monitoring service, with more modest or mixed standing for ancillary monitoring and supply codes.

    CARDIONET has an established operational tenure, with its NPI enumerated on 2012-02-07 (~14 years ago), consistent with a mature specialized monitoring service likely built to scale over time. The long enumeration period aligns with the provider’s outsized volumes in remote monitoring codes and suggests sustained focused operations rather than a recent rapid entry.

    Beyond the two revenue giants, remaining listed ECG and device-management codes contribute minimal revenue relative to the core services (examples include Medicare 93226 at $39K revenue and 93270 at $25.2K revenue, and Medicaid 93243 at $10.5K revenue). This pattern reinforces that CARDIONET’s business model centers on high-volume remote monitoring for which it is an extreme outlier, while other related technical/reporting codes play a much smaller supporting role.

    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.

    6 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    93229In this procedure, the provider, typically a technician, places a wearable electrocardiographic monitoring device on the patient, instructs him in its use, and monitors the transmissions, to detect…113,820$910$103.1M
    G0249Provision of test materials and equipment for home inr monitoring of patient with either mechanical heart valve(s), chronic atrial fibrillation, or venous thromboembolism who meets medicare coverage…97,000$70$6.5M
    93271In this service, the provider monitors the patient’s heart rhythm while the patient is experiencing cardiac symptoms. He places electrocardiogram leads of an event recorder on the patient's chest,…15,900$150$2.4M
    93226The physician or other healthcare professional applies an electrocardiographic, or ECG recorder, to a patient for up to 48 hours to help detect abnormal heart rates and rhythms. This service reports…1,060$40$39K
    93270In this service, the provider monitors the patient’s heart rhythm while the patient is experiencing cardiac symptoms. He places electrocardiogram leads of an event recorder on the patient's chest,…4,190$10$25.2K
    93225The physician or other healthcare professional applies an electrocardiographic, or ECG recorder, to a patient for up to 48 hours to help detect abnormal heart rates and rhythms. This service reports…30$10$370

    Medicare: Competitive Analysis & Benchmarks

    How this provider's Medicare billing volume and revenue compare to other providers nationally and within its state, across 6 CPT/HCPCS codes.

    View: State1 / 2

    Full comparison — all codes billed, vs. state median

    6 rows

    CPT/HCPCS CodeRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    G02493101,130$70$5.7M
    93229135040$890$468.8K
    93271110170$150$380.2K
    93226520210$30$35.6K
    9327014030$10$1.1K
    93225349030$20$740

    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.

    10 rows

    CPT/HCPCS CodeDescriptionClaimsAvg PaidRevenue
    93229In this procedure, the provider, typically a technician, places a wearable electrocardiographic monitoring device on the patient, instructs him in its use, and monitors the transmissions, to detect…13,320$70$905.8K
    93271In this service, the provider monitors the patient’s heart rhythm while the patient is experiencing cardiac symptoms. He places electrocardiogram leads of an event recorder on the patient's chest,…2,360$20$47.1K
    G0249Provision of test materials and equipment for home inr monitoring of patient with either mechanical heart valve(s), chronic atrial fibrillation, or venous thromboembolism who meets medicare coverage…4,810$10$38.5K
    93243After a patient has worn an electrocardiographic, or ECG recorder, for more than 48 hours, up to 7 days, to detect abnormal heart rates and rhythm, a processing center technician performs a scanning…620$20$10.5K
    93247After a patient has worn an electrocardiographic, or ECG recorder, for more than seven days, up to 15 days, to detect abnormal heart rates and rhythm, a processing center technician performs a…220$40$8.2K
    93226The physician or other healthcare professional applies an electrocardiographic, or ECG recorder, to a patient for up to 48 hours to help detect abnormal heart rates and rhythms. This service reports…190$10$1.7K
    93270In this service, the provider monitors the patient’s heart rhythm while the patient is experiencing cardiac symptoms. He places electrocardiogram leads of an event recorder on the patient's chest,…120$10$590
    93296The technician gathers data, for a period of up to 90 days, from a patient’s single, dual, multiple lead, or leadless pacemaker system or implantable defibrillator system by remotely accessing the…280$0$0
    93297The provider, who is a physician or other qualified healthcare professional, evaluates the physiologic data from the implantable physiologic cardiovascular monitoring system during a period of up 30…710$0$0
    93298The provider, who is a physician or other qualified healthcare professional, evaluates the data from a previously implanted subcutaneous cardiac rhythm monitor system via telemetric communication for…260$0$0

    Medicaid: Competitive Analysis & Benchmarks

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

    Full comparison — all codes billed, vs. California median

    10 rows

    CPT/HCPCS CodeDescriptionRankProvider CountMedian ClaimsAvg PaidAverage Revenue
    G0249Provision of test materials and equipment for home inr monitoring of patient with either mechanical heart valve(s), chronic atrial fibrillation, or venous thromboembolism who meets medicare coverage…4105,370$20$726.9K
    93247After a patient has worn an electrocardiographic, or ECG recorder, for more than seven days, up to 15 days, to detect abnormal heart rates and rhythm, a processing center technician performs a…1220520$70$563.9K
    93229In this procedure, the provider, typically a technician, places a wearable electrocardiographic monitoring device on the patient, instructs him in its use, and monitors the transmissions, to detect…290300$400$456.7K
    93243After a patient has worn an electrocardiographic, or ECG recorder, for more than 48 hours, up to 7 days, to detect abnormal heart rates and rhythm, a processing center technician performs a scanning…510450$60$365.2K
    93271In this service, the provider monitors the patient’s heart rhythm while the patient is experiencing cardiac symptoms. He places electrocardiogram leads of an event recorder on the patient's chest,…320230$40$38.2K
    93226The physician or other healthcare professional applies an electrocardiographic, or ECG recorder, to a patient for up to 48 hours to help detect abnormal heart rates and rhythms. This service reports…2240210$30$29.3K
    93298The provider, who is a physician or other qualified healthcare professional, evaluates the data from a previously implanted subcutaneous cardiac rhythm monitor system via telemetric communication for…2670140$30$25K
    93296The technician gathers data, for a period of up to 90 days, from a patient’s single, dual, multiple lead, or leadless pacemaker system or implantable defibrillator system by remotely accessing the…68140280$20$14K
    93297The provider, who is a physician or other qualified healthcare professional, evaluates the physiologic data from the implantable physiologic cardiovascular monitoring system during a period of up 30…31110240$10$10.3K
    93270In this service, the provider monitors the patient’s heart rhythm while the patient is experiencing cardiac symptoms. He places electrocardiogram leads of an event recorder on the patient's chest,…62050$30$5.4K

    Related Providers

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

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    Laboratory Corporation Of America HoldingsNCClinical Medical Laboratory$214.6M$1.4B
    Laboratory Corporation Of America HoldingsNJClinical Medical Laboratory$143.3M$717.5M
    Natera, Inc.CAClinical Medical Laboratory$133.1M$641.5M
    Unilab CorporationCAClinical Medical Laboratory$94M$668.5M
    Bioreference Health, LLCNJClinical Medical Laboratory$66.8M$620.1M
    Laboratory Corporation Of America HoldingsOHClinical Medical Laboratory$56.9M$617M
    Millennium Health, LLCCAClinical Medical Laboratory$20.4M$579.3M
    Exact Sciences Laboratories, LLCWIClinical Medical Laboratory$299.3M$276.5M
    Aeroflow Inc.NCDurable Medical Equipment & Medical Supplies$0$571.9M
    Zoll Services LLCPADurable Medical Equipment & Medical Supplies$0$503.8M

    Nearby Providers

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

    ProviderStateTaxonomyMedicare RevenueMedicaid Revenue
    Axis Community Health IncCACommunity Health Clinic/Center$0$50.7M
    Team Physicians Of Northern California Medical Group IncCAEmergency Medicine Physician$0$27M
    Amita SaggiCAPhysician Assistant$2.1M$0
    Minh DangCADermatology Physician$1.2M$0
    Hacienda Outpatient Surgery Center, LLCCAAmbulatory Surgical Clinic/Center$1.1M$0
    Ramford NgCACardiovascular Disease Physician$607.7K$0
    Young KangCASpecialist$411.2K$0
    Saba LahsaeiCAInternal Medicine Physician$372.4K$0
    Joseph GrantCAOrthopaedic Surgery of the Spine Physician$253.7K$0
    Hank FungCADermatology Physician$213.3K$0

    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. California Distribution
    Cardionet, LLC. — 3 of 6 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — California
    Medicaid Revenue by Year vs. California Providers
    0 of 7 years billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Claims Volume vs. California Distribution
    Cardionet, LLC. — 1 of 7 codes billed far more than typical (above p95)
    p5–p95 (all providers)p25–p75MedianThis providerOutlier
    Rank Distribution — California