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Billing code 92974 · Physician & professional

92974 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $126.17 for 92974 across 48 states, from $38.15 in Kansas to $268.71 in Nebraska.

Data as of Oct 5, 202648 statesEvery rate links to its official source

States publishing
48
National median
$126.17units vary by state
Lowest
$38.15Kansas
Highest
$268.71Nebraska
Answer

What does Medicaid pay for 92974?

48 state Medicaid programs publish a fee-for-service rate for 92974. The national median is $126.17 (units differ between states). Nebraska pays the most, $268.71, and Kansas the least, $38.15, a 7.0x spread.

State ranking

92974 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 48 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1Nebraska Source · since 2026-07-01$268.71——Plans negotiate; applies out of network—
2Alabama Source · since 2026-09-24$251.13——Not classified—
3Alaska Source · since 2026-07-01$248.84——Not classified—
24Connecticut Source · since 2026-01-01$126.36——Not classified—
25Colorado Source · since 2026-07-01$125.98——Plans negotiate; applies out of network—
26Texas Source · since 2025-09-01$125.90——Plans negotiate; applies out of network—
47New Jersey Source · since 2026-07-01$59.10——Not classified—
48Kansas Source · since 2009-12-18$38.15——Not classified—
See all 48 states for 92974 — start free

40 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 92974 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 92974, 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. 24 of the 48 states list more than one rate for 92974, 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 48 states, 2 publish 92974 per unit, and 46 schedules print no unit at all (a flat amount per service).
  • Per hour. 92974 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 92974, 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 92974 rates differ between states

Published rates for 92974 run from $38.15 in Kansas to $268.71 in Nebraska, a 7.0x gap in the same unit. Half the states pay more than the median of $126.17 and half pay less. The usual reasons for a spread like this in physician & professional rates:

  • 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.
  • 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.
  • 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.

Timing matters too. 30 states set the current rate for 92974 in 2026 or later, while 10 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 92974

Most Medicaid members are in managed-care plans, and plans don't publish their provider fee schedules. For 92974, 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 23 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 15 states is not classified yet.

  • Plans negotiate; the published rate applies out of network (23 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 Nebraska managed care.

Billing

Units and billing for 92974

92974 is a CPT medicine code in the physician & professional line, billed mostly by physicians, nurse practitioners, physician assistants and other licensed practitioners. The medicine section runs from vaccines and psychiatry to dialysis, cardiology and therapy. Some of its codes are timed in 15-minute units, others are billed once per session or per test, so the unit matters more here than in most sections.

Physician-fee-schedule codes are billed per service: one unit is one occurrence unless the code itself is defined by time or quantity. Where a state publishes separate facility and non-facility amounts, the non-facility (office) amount is usually higher because the practice carries the overhead.

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 92974?

It depends on the state. Of the 48 states with a published fee-for-service rate, the median is $126.17. Nebraska pays the most ($268.71) and Kansas the least ($38.15).

Which state pays the highest Medicaid rate for 92974?

Nebraska, at $268.71, effective 2026-07-01.

Which state pays the lowest Medicaid rate for 92974?

Kansas, at $38.15, effective 2009-12-18.

What unit is 92974 billed in?

Of the 48 states, 2 publish 92974 per unit, and 46 schedules print no unit at all (a flat amount per service).

Do managed-care plans pay the same rate for 92974?

Not necessarily. In 10 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 23 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 15 states is not classified yet. Each rule is cited to the plan contract, statute or notice in the workspace.