Spending Analysis

High-level trends across $1.09 trillion in Medicaid provider payments, 2018–2024.

Spending by Year

Total Medicaid spending with year-over-year growth

Quarterly Trend

Total spending per quarter

Seasonal Patterns

Spending aggregated by month across all years

Monthly Spending Trend

84 months of Medicaid payments — note the drop in late 2024 as claims are still processing

Provider Concentration

Spending Inequality

Lorenz curve — the gap between the diagonal and the curve shows how concentrated spending is among a small number of providers

Provider Size Distribution

Total spending by provider size tier — count of providers shown on right

Provider Ecosystem

New providers entering Medicaid billing each year vs. returning providers

HCPCS Code Analysis

Spending by Category

Healthcare service categories by total Medicaid payments

Most Frequent Procedures

By claims volume

Most Patients Served

By unique beneficiaries

Fastest Growing Procedures

HCPCS codes with largest spending growth from 2019 to 2023 (minimum $100M in 2023)

Service Category Trends

Spending by Service Type

Personal care and behavioral health are the fastest-growing segments of Medicaid

Category Growth Rates

Year-over-year spending growth by service type, 2020–2023

Cost & Intensity Analysis

Most Expensive Per Claim

Average cost per procedure (codes with >1M claims)

Highest Claims Per Patient

Codes with highest claims-to-beneficiary ratio — potential ghost patient signal

Provider Analysis

Highest-Paid Billing Providers

Top 15 billing entities by total Medicaid payments, 2018–2024