0204 Medicaid reimbursement rate by state (2026)
Inpatient psychiatric stay (per day). Medicaid pays a median of $2.31 for 0204 across 5 states, from $0.4044 in Oklahoma to $944.00 in Nevada.
- States publishing
- 5
- National median
- $2.31units vary by state
- Lowest
- $0.4044Oklahoma
- Highest
- $944.00Nevada
What does Medicaid pay for 0204?
5 state Medicaid programs publish a fee-for-service rate for 0204. The national median is $2.31 (units differ between states). Nevada pays the most, $944.00 per day, and Oklahoma the least, $0.4044, a 2334.3x spread.
0204 rate by state: highest, middle and lowest
One like-for-like fee-for-service rate per state, ranked. The workspace lists all 5 states with every variant, modifier and effective date.
How to read this table
- Order. States are listed from the highest published rate to the lowest. No single unit is shared by 8 or more states for 0204, so the order is by published amount and is not a like-for-like rank.
- Medicaid rate. The most the state's fee-for-service program pays for one unit, as published. 3 of the 5 states list more than one rate for 0204, by modifier, provider type or setting; the table shows the one that matches the provider level and setting used across states, without add-ons.
- Unit. Of the 5 states, 1 publish 0204 per day, 1 per factor and 1 per weight, and 2 schedules print no unit at all (a flat amount per service).
- Per hour. 0204 is not billed in time units in these states, so no hourly figure is shown.
- Managed-care plans. The rule the state sets for its plans on this rate. What each rule means is explained below.
- % of Medicare. No Medicare physician fee schedule amount is on file for 0204, so there is no percentage.
- Source and date. Each Source link opens the state's own document; “since” is the date the rate took effect.
Why 0204 rates differ between states
Published rates for 0204 run from $0.4044 in Oklahoma to $944.00 in Nevada. The two publish it in different units (day versus no unit printed), so part of that gap is the unit rather than the price. Half the states pay more than the median of $2.31 and half pay less. The usual reasons for a spread like this in hospital inpatient rates:
- States use different inpatient grouper systems, so a diagnosis-related group weight in one state is not comparable with a weight from another grouper.
- Base rates are often hospital-specific, adjusted for wages, teaching and other factors, so the same weight produces a different payment at each hospital.
- Some states still pay certain hospitals or stays per day instead of per discharge.
Timing matters too. 2 states set the current rate for 0204 in 2026 or later, while 2 states still pay a rate that took effect in 2022 or earlier. A state that has not updated its rate in years will drift down the ranking as others raise theirs.
What managed-care plans pay for 0204
Most Medicaid members are in managed-care plans, and plans don't publish their provider fee schedules. For 0204, the public signal is the rule each state sets for its plans, recorded on each rate above.
In 4 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 1 state, plans negotiate and the published rate is a benchmark or out-of-network default.
- Plans must pay at least the published rate (3 states). The published rate is your floor. Negotiate up from it, and if a plan pays less, the contract provision is the basis for a payment dispute.
- Plans negotiate; the published rate applies out of network (1 state). In-network rates can be above or below the published rate. The published rate is the benchmark both sides know, and the fallback if no contract is signed.
- Plans are expected to pay at least the published rate (1 state). Treat the published rate as a strong anchor, and confirm the minimum is written into your own plan agreement.
Plan-negotiated rates are never estimated here. To see the rule and its citation for a particular state, open that state's managed-care page, for example Nevada managed care.
Units and billing for 0204
0204 is a revenue code in the hospital inpatient line, billed mostly by hospitals. Revenue codes identify a facility's accommodation or cost center on an institutional claim. Day-rate services such as hospice and nursing facility care are billed per day under them.
A value here may be a relative weight, an average length of stay, an outlier threshold or another pricing input. The payment is the weight multiplied by the hospital's base rate.
Before billing, confirm the rate, unit and any modifier with the state's current schedule or the plan: the amounts here are as published, not a guarantee of payment.
Frequently asked questions
What does Medicaid pay for 0204?
It depends on the state. Of the 5 states with a published fee-for-service rate, the median is $2.31. Nevada pays the most ($944.00 per day) and Oklahoma the least ($0.4044).
Which state pays the highest Medicaid rate for 0204?
Nevada, at $944.00 per day, effective 2020-01-01.
Which state pays the lowest Medicaid rate for 0204?
Oklahoma, at $0.4044, effective 2025-10-01. It publishes the code in a different unit from Nevada, so compare per unit with care.
What unit is 0204 billed in?
Of the 5 states, 1 publish 0204 per day, 1 per factor and 1 per weight, and 2 schedules print no unit at all (a flat amount per service).
Do managed-care plans pay the same rate for 0204?
Not necessarily. In 4 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 1 state, plans negotiate and the published rate is a benchmark or out-of-network default. Each rule is cited to the plan contract, statute or notice in the workspace.