Q9957 — Injection, perflutren lipid microspheres, per ml
51,538 observed fee-for-service (48%) · ~54,872 estimated Medicare Advantage. Scaled from the observed floor by each state’s fee-for-service share (FFS share as of 2024) — scaled estimate — assumes MA utilization mirrors FFS; not an observation. How we scale
Disclosed Medicare fee-for-service services by billing state; open a bar for that state's ranked market. Average submitted charge / service by billing state, among the highest-volume states; open a bar for that state's ranked market.
- Market position — where this market sits on volume and growth among all state markets, and its rank.
- Worth a look — every state market for this search, ranked by a published score: size, growth, fragmentation, below-expected volume.
- Lookalike opportunities — groups billing below what peers of the same specialty, size, and state predict, with the expected figure shown.
- National benchmarks — where each group's volume sits nationally and within its specialty.
- Market structure — how concentrated this market is, and who owns the volume.
- Medicare-wide scaling — the exact payer split, and this market total scaled to all of Medicare, labeled as an estimate.
Nevvi's market analytics platform — code baskets, market structure and share, the twelve-year trend layer — is built and not launched yet. We're gathering interest in it.
Notify me at launch →| # | Physician group | City | St | Specialty | Providers | Q9957 svcs | Submitted charges | Avg charge | Medicare $ locked column | Share* | Phone |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | SCRIPPS HEALTH | LA JOLLA | CA | PHYSICIAN ASSISTANT | 1431 | 7,740 | $1,066,262 | $138 | premium | 62.4% | (858) 455-9100 |
| 2 | ADVOCATE HEALTH AND HOSPITALS CORPORATION | BUFFALO GROVE | IL | NURSE PRACTITIONER | 3045 | 2,327 | $255,937 | $110 | premium | 49.5% | (847) 459-1160 |
| 3 | NORTHSIDE CARDIOVASCULAR PROFESSIONAL SERVICES, LLC | ATLANTA | GA | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 144 | 1,909 | $437,161 | $229 | premium | 54.6% | (404) 851-8000 |
| 4 | THE REGENTS OF THE UNIVERSITY OF CALIFORNIA | LOS ANGELES | CA | INTERNAL MEDICINE | 1424 | 1,884 | $612,530 | $325 | premium | 15.2% | (310) 825-7922 |
| 5 | CAROLINAS PHYSICIANS NETWORK INC | CHARLOTTE | NC | PHYSICIAN ASSISTANT | 2360 | 1,776 | $451,104 | $254 | premium | 31.5% | (704) 667-1000 |
| 6 | UNIVERSITY OF ALABAMA HEALTH SERVICES FOUNDATION, PC | BIRMINGHAM | AL | NURSE PRACTITIONER | 2788 | 1,458 | $170,586 | $117 | premium | 66.7% | (205) 934-3460 |
| 7 | HEALTHTEXAS PROVIDER NETWORK | DALLAS | TX | PHYSICIAN ASSISTANT | 2482 | 1,418 | $972,544 | $686 | premium | 39.7% | — |
| 8 | MAYO CLINIC ARIZONA | PHOENIX | AZ | PHYSICIAN ASSISTANT | 1635 | 1,324 | $273,362 | $206 | premium | 45.1% | (800) 603-0558 |
| 9 | NEW YORK UNIVERSITY | NEW YORK | NY | DIAGNOSTIC RADIOLOGY | 5704 | 1,203 | $186,310 | $155 | premium | 20.0% | (212) 263-9700 |
| 10 | JACKSON CLINIC PA | JACKSON | TN | NURSE PRACTITIONER | 183 | 1,131 | $147,030 | $130 | premium | 54.7% | (731) 422-0213 |
| 11 | NORTH SHORE-LIJ MEDICAL PC | MANHASSET | NY | PHYSICIAN ASSISTANT | 6294 | 1,032 | $171,146 | $166 | premium | 17.2% | — |
| 12 | NORTHWESTERN MEDICAL FACULTY FOUNDATION | CHICAGO | IL | NURSE PRACTITIONER | 4339 | 877 | $203,515 | $232 | premium | 18.7% | — |
| 13 | BON SECOURS MEDICAL GROUP GREENVILLE SPECIALTY CARE LLC | GREENVILLE | SC | NURSE PRACTITIONER | 288 | 822 | $115,573 | $141 | premium | 65.4% | (864) 255-1901 |
| 14 | CS CARDIOLOGY NEWCO LLC | COLORADO SPRINGS | CO | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 46 | 790 | $329,064 | $417 | premium | 50.4% | — |
| 15 | TEXAS HEALTH PHYSICIANS GROUP | FORT WORTH | TX | PHYSICIAN ASSISTANT | 1350 | 721 | $91,910 | $127 | premium | 20.2% | (817) 281-2977 |
| 16 | CMC DEPARTMENT OF MEDICINE GROUP PA | CAMDEN | NJ | NURSE PRACTITIONER | 474 | 684 | $99,180 | $145 | premium | 58.7% | — |
| 17 | AURORA MEDICAL GROUP, INC. | MILWAUKEE | WI | DIAGNOSTIC RADIOLOGY | 3696 | 663 | $119,340 | $180 | premium | 17.7% | (414) 421-8400 |
| 18 | OSU INTERNAL MEDICINE LLC | COLUMBUS | OH | NURSE PRACTITIONER | 1155 | 660 | $85,578 | $130 | premium | 62.3% | (614) 293-8000 |
| 19 | SETON FAMILY OF DOCTORS | AUSTIN | TX | PHYSICIAN ASSISTANT | 804 | 583 | $86,657 | $149 | premium | 16.3% | (512) 324-7300 |
| 20 | AFFINITY CARDIOVASCULAR SPECIALISTS LLC | BIRMINGHAM | AL | NURSE PRACTITIONER | 41 | 560 | $39,760 | $71 | premium | 25.6% | — |
| 21 | ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI | NEW YORK | NY | PHYSICIAN ASSISTANT | 2818 | 520 | $40,560 | $78 | premium | 8.7% | (212) 241-4812 |
| 22 | NORTH SHORE - LIJ CARDIOLOGY AT DEER PARK PC | DEER PARK | NY | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 7 | 499 | $82,834 | $166 | premium | 8.3% | (631) 242-6166 |
| 23 | STONY BROOK INTERNISTS UNIVERSITY FACULTY PRACTICE CORPORATION | STONY BROOK | NY | HOSPITALIST | 414 | 471 | $85,722 | $182 | premium | 7.8% | (631) 444-1560 |
| 24 | GEORGIA HEART INSTITUTE LLC | GAINESVILLE | GA | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 128 | 466 | $72,696 | $156 | premium | 13.3% | (770) 534-2020 |
| 25 | SCRIPPS HEALTH | LA JOLLA | NC | PHYSICIAN ASSISTANT | 1431 | 448 | $61,716 | $138 | premium | 7.9% | (858) 455-9100 |
| 26 | DUKE HEALTH INTEGRATED PRACTICE INC | DURHAM | NC | PHYSICIAN ASSISTANT | 3051 | 448 | $156,800 | $350 | premium | 7.9% | (919) 684-8111 |
| 27 | NORTH CAROLINA MG LLC | RALEIGH | NC | PHYSICIAN ASSISTANT | 674 | 438 | $76,650 | $175 | premium | 7.8% | (919) 881-0160 |
| 28 | BEACON MEDICAL GROUP INC | SOUTH BEND | IN | NURSE PRACTITIONER | 575 | 422 | $74,694 | $177 | premium | 32.9% | (574) 647-7275 |
| 29 | CAROMONT MEDICAL GROUP INC | GASTONIA | NC | NURSE PRACTITIONER | 425 | 411 | $127,302 | $310 | premium | 7.3% | (704) 865-3848 |
| 30 | BIO FAMILY CLINIC INC | YUMA | AZ | NURSE PRACTITIONER | 33 | 408 | $45,900 | $112 | premium | 13.9% | (928) 342-6500 |
| 31 | FRANCISCAN MEDICAL GROUP | TACOMA | WA | PHYSICIAN ASSISTANT | 1407 | 404 | $54,666 | $135 | premium | 32.8% | (253) 428-2200 |
| 32 | SCL HEALTH MEDICAL GROUP - BILLINGS LLC | BILLINGS | MT | PHYSICIAN ASSISTANT | 285 | 389 | $40,067 | $103 | premium | 41.8% | (406) 237-3913 |
| 33 | WELLSPAN MEDICAL GROUP | YORK | PA | PHYSICIAN ASSISTANT | 2312 | 383 | $54,864 | $143 | premium | 21.3% | — |
| 34 | PACIFIC CENTRAL COAST HEALTH CENTERS | SANTA MARIA | CA | PHYSICIAN ASSISTANT | 249 | 382 | $48,239 | $126 | premium | 3.1% | (805) 349-8514 |
| 35 | MICHIGAN HEALTHCARE PROFESSIONALS PC | FARMINGTON HILLS | MI | INTERNAL MEDICINE | 518 | 370 | $27,750 | $75 | premium | 13.8% | (248) 477-0552 |
| 36 | HEART CARE SPECIALISTS LLC | SAINT LOUIS | MO | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 16 | 358 | $41,614 | $116 | premium | 19.4% | (314) 729-0088 |
| 37 | PHYSICIAN GROUPS LC | SAINT LOUIS | MO | NURSE PRACTITIONER | 516 | 356 | $45,364 | $127 | premium | 19.3% | (314) 273-0195 |
| 38 | UNIVERSITY OF WISCONSIN MEDICAL FOUNDATION INC | MADISON | WI | PHYSICIAN ASSISTANT | 2523 | 337 | $36,396 | $108 | premium | 9.0% | (608) 287-2050 |
| 39 | CHAS PHYSICIAN SERVICES LLC | COLUMBIA | MO | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 22 | 326 | $48,900 | $150 | premium | 17.7% | (573) 256-7700 |
| 40 | MOUNT NITTANY MEDICAL CENTER HEALTH SERVICES INC | STATE COLLEGE | PA | PHYSICIAN ASSISTANT | 363 | 325 | $57,330 | $176 | premium | 18.0% | (814) 234-8800 |
| 41 | POUDRE VALLEY MEDICAL GROUP LLC | COLORADO SPRINGS | CO | PHYSICIAN ASSISTANT | 2390 | 304 | $29,779 | $98 | premium | 19.4% | — |
| 42 | SCOTT AND WHITE CLINIC | TEMPLE | TX | PHYSICIAN ASSISTANT | 2435 | 288 | $204,167 | $709 | premium | 8.1% | (254) 724-2663 |
| 43 | ST VINCENT MEDICAL GROUP INC | INDIANAPOLIS | IN | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 718 | 280 | $40,600 | $145 | premium | 21.8% | (317) 338-2345 |
| 44 | CARDIOLOGY ASSOCIATES OF FREDERICKSBURG, LTD. | FREDERICKSBURG | VA | NURSE PRACTITIONER | 16 | 272 | $25,106 | $92 | premium | 17.1% | (540) 373-1331 |
| 45 | BON SECOURS MEDICAL GROUP HAMPTON ROADS SPECIALTY CARE LLC | PORTSMOUTH | VA | NURSE PRACTITIONER | 200 | 254 | $28,980 | $114 | premium | 16.0% | (757) 215-3565 |
| 46 | SUTTER VALLEY MEDICAL FOUNDATION | SACRAMENTO | CA | DIAGNOSTIC RADIOLOGY | 2420 | 247 | $40,014 | $162 | premium | 2.0% | (916) 681-8852 |
| 47 | BANNER-UNIVERSITY MEDICAL GROUP | TUCSON | AZ | INTERNAL MEDICINE | 1068 | 240 | $25,258 | $105 | premium | 8.2% | (520) 694-0111 |
| 48 | GENERAL PHYSICIAN PC | BUFFALO | NY | PHYSICIAN ASSISTANT | 462 | 236 | $33,040 | $140 | premium | 3.9% | (716) 884-3000 |
| 49 | CAROLINAEAST PHYSICIANS | NEW BERN | NC | NURSE PRACTITIONER | 203 | 234 | $27,348 | $117 | premium | 4.1% | (252) 635-6777 |
| 50 | NORTHSIDE CV PROFESSIONAL SERVICES LLC | LAWRENCEVILLE | GA | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 53 | 228 | $60,648 | $266 | premium | 6.5% | (770) 758-7482 |
| 51 | IHC HEALTH SERVICES INC | MURRAY | UT | PHYSICIAN ASSISTANT | 3944 | 218 | $15,369 | $70 | premium | 20.1% | (801) 261-8346 |
| 52 | HUTCHINSON CLINIC PA INC | HUTCHINSON | KS | PHYSICIAN ASSISTANT | 131 | 210 | $21,210 | $101 | premium | 34.5% | (620) 669-2500 |
| 53 | CARDIOLOGY ASSOC OF PORT HURON | PORT HURON | MI | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 10 | 205 | $32,800 | $160 | premium | 7.7% | (810) 985-9681 |
| 54 | ORLANDO HEALTH MEDICAL GROUP INC | ORLANDO | FL | PHYSICIAN ASSISTANT | 2145 | 204 | $38,760 | $190 | premium | 15.4% | (407) 896-1100 |
| 55 | MCV ASSOCIATED PHYSICIANS | RICHMOND | VA | NURSE PRACTITIONER | 1791 | 202 | $39,794 | $197 | premium | 12.7% | (804) 828-9000 |
| 56 | VIRGINIA MASON MEDICAL CENTER | SEATTLE | WA | PHYSICIAN ASSISTANT | 879 | 186 | $38,769 | $208 | premium | 15.1% | (206) 223-6600 |
| 57 | OCHSNER MISSISSIPPI, LLC | BAY SAINT LOUIS | ID | NURSE PRACTITIONER | 98 | 184 | $34,912 | $190 | premium | 36.8% | (504) 842-4431 |
| 58 | SCL HEALTH MEDICAL GROUP - BILLINGS LLC | BILLINGS | SC | PHYSICIAN ASSISTANT | 285 | 182 | $18,746 | $103 | premium | 14.5% | (406) 237-3913 |
| 59 | TALLAHASSEE MEMORIAL HEALTHCARE INC | TALLAHASSEE | FL | PHYSICIAN ASSISTANT | 468 | 182 | $18,564 | $102 | premium | 13.7% | — |
| 60 | BAYVIEW PHYSICIAN SERVICES PC | CHESAPEAKE | VA | PHYSICIAN ASSISTANT | 322 | 180 | $23,400 | $130 | premium | 11.3% | (757) 410-4488 |
| 61 | ECONFINA CARDIOLOGY GROUP PA | PANAMA CITY | FL | NURSE PRACTITIONER | 17 | 174 | $10,504 | $60 | premium | 13.1% | (850) 769-0329 |
| 62 | DEAN HEALTH SYSTEMS INC | MADISON | WI | PHYSICIAN ASSISTANT | 1200 | 171 | $54,549 | $319 | premium | 4.6% | (608) 260-2900 |
| 63 | VIDANT MEDICAL GROUP LLC | KENANSVILLE | NC | PHYSICIAN ASSISTANT | 956 | 171 | $15,390 | $90 | premium | 3.0% | (910) 296-0941 |
| 64 | GUTHRIE MEDICAL GROUP PC | SAYRE | NY | PHYSICIAN ASSISTANT | 804 | 170 | $30,139 | $177 | premium | 2.8% | (570) 888-5858 |
| 65 | ALLINA HEALTH SYSTEM | MINNEAPOLIS | MN | PHYSICIAN ASSISTANT | 3855 | 166 | $25,448 | $153 | premium | 14.1% | (612) 863-4000 |
| 66 | SCL HEALTH MEDICAL GROUP - BILLINGS LLC | BILLINGS | NJ | PHYSICIAN ASSISTANT | 285 | 165 | $16,995 | $103 | premium | 14.2% | (406) 237-3913 |
| 67 | AURORA ADVANCED HEALTHCARE, INC. | MILWAUKEE | WI | DIAGNOSTIC RADIOLOGY | 1093 | 164 | $29,520 | $180 | premium | 4.4% | (414) 352-3100 |
| 68 | GUTHRIE MEDICAL GROUP PC | SAYRE | PA | PHYSICIAN ASSISTANT | 804 | 150 | $29,190 | $195 | premium | 8.3% | (570) 888-5858 |
| 69 | COMMUNITY MEDICAL GROUP LLC | GRAND JUNCTION | CO | PHYSICIAN ASSISTANT | 108 | 144 | $27,648 | $192 | premium | 9.2% | (970) 243-3300 |
| 70 | VANDERBILT UNIVERSITY MEDICAL CENTER | NASHVILLE | TN | NURSE PRACTITIONER | 3394 | 142 | $42,099 | $296 | premium | 6.9% | (615) 322-5000 |
| 71 | GENESYS PRACTICE PARTNERS INC | GRAND BLANC | MI | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 36 | 136 | $9,112 | $67 | premium | 5.1% | (810) 606-7550 |
| 72 | HERITAGE VALLEY MULTISPECIALTY GROUP INC | BEAVER | PA | PHYSICIAN ASSISTANT | 240 | 136 | $31,824 | $234 | premium | 7.6% | (724) 728-8751 |
| 73 | NORTHWELL HEALTHCARE INC | SEAFORD | NY | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 17 | 125 | $43,750 | $350 | premium | 2.1% | (516) 809-4200 |
| 74 | CAROLINAS PHYSICIANS NETWORK INC | CHARLOTTE | SC | PHYSICIAN ASSISTANT | 2360 | 125 | $31,750 | $254 | premium | 9.9% | (704) 667-1000 |
| 75 | INOVA HEALTH CARE SERVICES | FALLS CHURCH | NE | NURSE PRACTITIONER | 1818 | 125 | $15,938 | $128 | premium | 9.2% | — |
| 76 | BUFFALO MEDICAL GROUP, P.C. | WILLIAMSVILLE | NY | PHYSICIAN ASSISTANT | 237 | 124 | $8,680 | $70 | premium | 2.1% | (716) 630-1000 |
| 77 | PROHEALTH MEDICAL GROUP INC | WAUKESHA | IA | PHYSICIAN ASSISTANT | 465 | 118 | $6,992 | $59 | premium | 11.9% | (262) 696-0808 |
| 78 | TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK | NEW YORK | NY | NURSE PRACTITIONER | 2273 | 114 | $17,100 | $150 | premium | 1.9% | (212) 305-8559 |
| 79 | WINCHESTER RADIOLOGISTS PC | WINCHESTER | VA | DIAGNOSTIC RADIOLOGY | 79 | 112 | $12,544 | $112 | premium | 7.0% | (540) 686-1600 |
| 80 | NORTH MEMORIAL HEALTH CARE | ROBBINSDALE | MN | PHYSICIAN ASSISTANT | 501 | 107 | $6,634 | $62 | premium | 9.1% | (763) 581-5400 |
| 81 | SIGNATURE HEALTHCARE MEDICAL GROUP INC | BROCKTON | MA | PHYSICIAN ASSISTANT | 241 | 106 | $21,200 | $200 | premium | 31.6% | (508) 941-7000 |
| 82 | INTERMOUNTAIN MEDICAL HOLDINGS NEVADA INC | LAS VEGAS | NV | NURSE PRACTITIONER | 311 | 104 | $9,029 | $87 | premium | 60.5% | (702) 873-5110 |
| 83 | FAIRVIEW HEIGHTS MEDICAL GROUP SC | SHILOH | MO | NURSE PRACTITIONER | 445 | 104 | $12,688 | $122 | premium | 5.6% | (618) 236-8000 |
| 84 | USC CARE MEDICAL GROUP INC | LOS ANGELES | CA | DIAGNOSTIC RADIOLOGY | 1374 | 102 | $15,300 | $150 | premium | 0.8% | (800) 872-2273 |
| 85 | MOUNT CARMEL HEALTHPROVIDERS TWO LLC | COLUMBUS | OH | NURSE PRACTITIONER | 235 | 99 | $12,970 | $131 | premium | 9.3% | (614) 234-6000 |
| 86 | PHYSICIANS CLINIC INC | OMAHA | NE | PHYSICIAN ASSISTANT | 561 | 96 | $12,240 | $128 | premium | 7.0% | (402) 354-8163 |
| 87 | ASCENSION MEDICAL GROUP-FOX VALLEY WISCONSIN INC | APPLETON | WI | NURSE PRACTITIONER | 261 | 95 | $25,650 | $270 | premium | 2.5% | (920) 738-2000 |
| 88 | SPECTRUM HEALTH PRIMARY CARE PARTNERS | GRAND RAPIDS | MI | PHYSICIAN ASSISTANT | 2255 | 92 | $12,972 | $141 | premium | 3.4% | (616) 885-5000 |
| 89 | CENTRAL WASHINGTON HEALTH SERVICES ASSOCIATION | WENATCHEE | WA | PHYSICIAN ASSISTANT | 700 | 90 | $11,726 | $130 | premium | 7.3% | (509) 665-6087 |
| 90 | CAROLINAS PHYSICIANS NETWORK INC | CHARLOTTE | TN | PHYSICIAN ASSISTANT | 2360 | 90 | $22,860 | $254 | premium | 4.4% | (704) 667-1000 |
| 91 | BEND MEMORIAL CLINIC PC | BEND | OR | PHYSICIAN ASSISTANT | 233 | 88 | $9,346 | $106 | premium | 14.5% | (541) 382-2811 |
| 92 | FRANCISCAN PHYSICIAN NETWORK | INDIANAPOLIS | IN | PHYSICIAN ASSISTANT | 1151 | 88 | $13,002 | $148 | premium | 6.9% | — |
| 93 | BLESSING HOSPITAL | QUINCY | IL | NURSE PRACTITIONER | 401 | 86 | $8,474 | $99 | premium | 1.8% | (217) 223-8400 |
| 94 | ALASKA HEART INSTITUTE | ANCHORAGE | AK | PHYSICIAN ASSISTANT | 57 | 84 | $13,104 | $156 | premium | 13.2% | (907) 561-3211 |
| 95 | PRIVIA MEDICAL GROUP OF GEORGIA LLC | FAYETTEVILLE | GA | NURSE PRACTITIONER | 453 | 83 | $13,944 | $168 | premium | 2.4% | — |
| 96 | OHIOHEALTH CORPORATION | COLUMBUS | OH | PHYSICIAN ASSISTANT | 2282 | 80 | $10,395 | $131 | premium | 7.5% | — |
| 97 | TRYON MEDICAL PARTNERS, PLLC | CHARLOTTE | NC | INTERNAL MEDICINE | 145 | 78 | $4,836 | $62 | premium | 1.4% | (704) 495-6334 |
| 98 | BANNER PHYSICIAN SPECIALISTS ARIZONA LLC | SUN CITY | AZ | PHYSICIAN ASSISTANT | 354 | 78 | $8,190 | $105 | premium | 2.7% | (623) 832-4000 |
| 99 | COVENANT MEDICAL CENTER INC | SAGINAW | MI | PHYSICIAN ASSISTANT | 493 | 78 | $5,616 | $72 | premium | 2.9% | (989) 583-4220 |
| 100 | SOUTHEASTERN CARDIOLOGY ASSOCIATES PC | COLUMBUS | GA | CARDIOVASCULAR DISEASE (CARDIOLOGY) | 6 | 78 | $7,800 | $100 | premium | 2.2% | (706) 243-4500 |
Showing the top 100 of 174 groups — the full ranking is part of the market analytics platform — built, not launched yet. Notify me at launch →
*Share of the state's disclosed Medicare-FFS services for the primary code, counted once per clinician. "St" is the state the volume was billed from: a group appears in each state where its clinicians bill Medicare, with that state's volume and share ("City" is the group's registered location). Group figures sum clinicians affiliated with exactly one group; clinicians in several groups are listed in each group's drill-down but not volume-attributed to any single group, so shares reflect attributable volume. See Methods.
Comparing against an all-payer estimate?
These are exact counts from Medicare fee-for-service claims — roughly a third to half of most procedure markets, depending on payer mix. Modeled all-payer databases project the remainder statistically; we publish the audited floor and label it as such. Same market, different denominator. How the numbers reconcile →