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Billing code 57465 · Physician & professional

57465 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $42.78 for 57465 across 38 states, from $8.15 in Missouri to $94.37 in Alaska.

Data as of Oct 5, 202638 statesEvery rate links to its official source

States publishing
38
National median
$42.78units vary by state
Lowest
$8.15Missouri
Highest
$94.37Alaska
Answer

What does Medicaid pay for 57465?

38 state Medicaid programs publish a fee-for-service rate for 57465. The national median is $42.78 (units differ between states). Alaska pays the most, $94.37, and Missouri the least, $8.15, a 11.6x spread.

Medicare (non-facility, 2026 physician fee schedule): $50.25–$67.77 depending on the state's Medicare locality.

State ranking

57465 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 38 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1Alaska Source · since 2026-07-01$94.37——Not classified—
2New Mexico Source · since 2025-01-01$79.06——Plans must pay at least this—
3Montana Source · since 2026-07-01$77.47——Not classified—
19Vermont Source · since 2026-01-01$44.73——Not classified—
20Hawaii Source · since 2026-06-01$40.82——Plans must pay at least this—
21Minnesota Source · since 2026-02-01$40.39——Plans negotiate; applies out of network—
37Rhode Island Source · since 2021-01-01$8.67——Plans negotiate; applies out of network—
38Missouri Source · since 2022-07-01$8.15——Plans must pay at least this—
See all 38 states for 57465 — start free

30 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 57465 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 57465, 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. 32 of the 38 states list more than one rate for 57465, 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 38 states, 2 publish 57465 per unit, and 36 schedules print no unit at all (a flat amount per service).
  • Per hour. 57465 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. Medicare amounts exist for 57465, but no state's Medicaid unit matches Medicare's billing unit closely enough to compute a percentage.
  • Source and date. Each Source link opens the state's own document; “since” is the date the rate took effect.
Context

Why 57465 rates differ between states

Published rates for 57465 run from $8.15 in Missouri to $94.37 in Alaska, a 11.6x gap in the same unit. Half the states pay more than the median of $42.78 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.
  • Some states pay physician services as a percentage of the Medicare fee schedule; others keep a schedule of their own that may not have been rebased for years.

Timing matters too. 22 states set the current rate for 57465 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 57465

Most Medicaid members are in managed-care plans, and plans don't publish their provider fee schedules. For 57465, the public signal is the rule each state sets for its plans, recorded on each rate above.

In 10 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 19 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 9 states is not classified yet.

  • Plans negotiate; the published rate applies out of network (19 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 (10 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 Alaska managed care.

Billing

Units and billing for 57465

57465 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.

Medicare's 2026 physician fee schedule pays $50.25–$67.77 for 57465 (non-facility), depending on the Medicare locality. That is a useful reference point, but Medicare and Medicaid can define the unit differently, so compare only where the units match.

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 57465?

It depends on the state. Of the 38 states with a published fee-for-service rate, the median is $42.78. Alaska pays the most ($94.37) and Missouri the least ($8.15).

Which state pays the highest Medicaid rate for 57465?

Alaska, at $94.37, effective 2026-07-01.

Which state pays the lowest Medicaid rate for 57465?

Missouri, at $8.15, effective 2022-07-01.

What unit is 57465 billed in?

Of the 38 states, 2 publish 57465 per unit, and 36 schedules print no unit at all (a flat amount per service).

Do managed-care plans pay the same rate for 57465?

Not necessarily. In 10 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 19 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 9 states is not classified yet. Each rule is cited to the plan contract, statute or notice in the workspace.