Q0138 is the HCPCS code for: Injection, ferumoxytol, for treatment of iron deficiency anemia, 1 mg (non-esrd use). In 2024, 977 providers billed Q0138 26,842,035 times, with an estimated $7.3M paid by Medicare.
Q0138 is a Part B drug code: Medicare pays an ASP-based rate of $0.37 per 1 mg (2026 Q3 ASP drug pricing file). Total payment per patient depends on the dose billed.
A billed "service" on this code is one 1 mg unit, not one patient visit — that's why the service counts below run high.
What Medicare actually paid per service in 2024, on average: $0.27 (observed payment across all settings and modifiers — not a fee-schedule rate).
The top 5 billers nationally, ranked by 2024 Medicare service volume.
| # | Provider | Specialty | Location | Services | Est. Medicare paid |
|---|---|---|---|---|---|
| 1 | Gayatri Nimmagadda, M.D. | Hematology-Oncology | Baltimore, MD | 371,280 | $100K |
| 2 | Rakesh Rohatgi, M.D. | Hematology-Oncology | The Villages, FL | 203,490 | $56K |
| 3 | Miguel Pelayo, M.D. | Hematology-Oncology | Bradenton, FL | 161,670 | $44K |
| 4 | Wenqing Zhang, PHD, MD | Medical Oncology | Inverness, FL | 160,140 | $44K |
| 5 | Jay Wang, M.D. | Medical Oncology | Naples, FL | 159,630 | $44K |
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