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Billing code 54415 · Physician & professional

54415 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $398.95 for 54415 across 37 states, from $9.30 in New Jersey to $768.08 in New Mexico.

Data as of Oct 5, 202637 statesEvery rate links to its official source

States publishing
37
National median
$398.95units vary by state
Lowest
$9.30New Jersey
Highest
$768.08New Mexico
Answer

What does Medicaid pay for 54415?

37 state Medicaid programs publish a fee-for-service rate for 54415. The national median is $398.95 (units differ between states). New Mexico pays the most, $768.08, and New Jersey the least, $9.30 per base unit, a 82.6x spread.

State ranking

54415 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 37 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1New Mexico Source · since 2025-01-01$768.08——Plans must pay at least this—
2Nebraska Source · since 2026-07-01$681.72——Plans negotiate; applies out of network—
3Nevada Source · since 2024-01-01$548.35——Plans must pay at least this—
18Colorado Source · since 2026-07-01$420.53——Plans negotiate; applies out of network—
19Vermont Source · since 2026-01-01$398.95——Not classified—
20Massachusetts Source · since 2026-10-01$393.70——Plans negotiate; applies out of network—
36Oregon Source · since 2026-02-01$62.01——Plans negotiate; applies out of network—
37New Jersey Source · since 2014-07-01$9.30base unit—Not classified—
See all 37 states for 54415 — start free

29 more states, with every modifier and provider-type variant, rate history and the plan rule in each state. 14-day free trial, no credit card.

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Rates are per the unit shown for each state; units can differ between states. Medicare amounts are computed from the CMS relative value file and locality cost indices; states with several Medicare localities show a range. Confirm rates with the payer before billing.

Track 54415 in your states. Get an alert when any state changes it, with every variant and the managed-care rule.
Guide

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 54415, 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. 21 of the 37 states list more than one rate for 54415, 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 37 states, 2 publish 54415 per unit and 1 per base unit, and 34 schedules print no unit at all (a flat amount per service).
  • Per hour. 54415 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 54415, 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.
Context

Why 54415 rates differ between states

Published rates for 54415 run from $9.30 in New Jersey to $768.08 in New Mexico. The two publish it in different units (no unit printed versus base unit), so part of that gap is the unit rather than the price. Half the states pay more than the median of $398.95 and half pay less. The usual reasons for a spread like this in physician & professional rates:

  • Many schedules pay differently by place of service (office versus facility) and by practitioner, and nurse practitioners and physician assistants are often paid a percentage of the physician amount.
  • Each state sets its own physician conversion factor or fee for every code, and many update them on a state budget cycle rather than on Medicare's calendar.
  • Primary-care and pediatric add-ons, enhanced rates for certain specialties and targeted increases for access problems change individual codes without moving the rest of the schedule.

Timing matters too. 23 states set the current rate for 54415 in 2026 or later, while 6 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.

Managed care

What managed-care plans pay for 54415

What a plan pays for 54415 is negotiated privately, but the state decides how much room there is to negotiate. Here is how the rules break down across the 37 states.

In 7 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 20 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 10 states is not classified yet.

  • Plans negotiate; the published rate applies out of network (20 states). 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 must pay at least the published rate (7 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.

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 New Mexico managed care.

Billing

Units and billing for 54415

54415 is a CPT surgery code in the physician & professional line, billed mostly by physicians, nurse practitioners, physician assistants and other licensed practitioners. Surgical codes are paid once per procedure. The fee can include a global period of related care before and after the procedure, and modifiers for multiple, bilateral or assistant procedures raise or reduce what is actually paid.

Where a state publishes separate facility and non-facility amounts, the non-facility (office) amount is usually higher because the practice carries the overhead. Practitioners who are not physicians are often paid a reduced percentage of the published amount, so check the schedule for the reduction that applies to your provider type.

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.

FAQ

Frequently asked questions

What does Medicaid pay for 54415?

It depends on the state. Of the 37 states with a published fee-for-service rate, the median is $398.95. New Mexico pays the most ($768.08) and New Jersey the least ($9.30 per base unit).

Which state pays the highest Medicaid rate for 54415?

New Mexico, at $768.08, effective 2025-01-01.

Which state pays the lowest Medicaid rate for 54415?

New Jersey, at $9.30 per base unit, effective 2014-07-01. It publishes the code in a different unit from New Mexico, so compare per unit with care.

What unit is 54415 billed in?

Of the 37 states, 2 publish 54415 per unit and 1 per base unit, and 34 schedules print no unit at all (a flat amount per service).

Do managed-care plans pay the same rate for 54415?

Not necessarily. In 7 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 20 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 10 states is not classified yet. Each rule is cited to the plan contract, statute or notice in the workspace.