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Billing code 95965 · Physician & professional

95965 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $408.83 for 95965 across 41 states, from $136.52 in New Hampshire to $3,838.80 in Nebraska.

Data as of Oct 5, 202641 statesEvery rate links to its official source

States publishing
41
National median
$408.83units vary by state
Lowest
$136.52New Hampshire
Highest
$3,838.80Nebraska
Answer

What does Medicaid pay for 95965?

41 state Medicaid programs publish a fee-for-service rate for 95965. The national median is $408.83 (units differ between states). Nebraska pays the most, $3,838.80, and New Hampshire the least, $136.52, a 28.1x spread.

State ranking

95965 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 41 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1Nebraska Source · since 2026-07-01$3,838.80——Plans negotiate; applies out of network—
2Montana Source · since 2025-07-01$2,139.50——Not classified—
3Missouri Source · since 2022-07-01$1,641.42——Plans must pay at least this—
20North Dakota Source · since 2026-07-01$462.98——Not classified—
21Delaware Source · since 2026-01-01$408.83——Plans negotiate; applies out of network—
22Wisconsin Source · since 2008-07-01$406.56——Plans negotiate; applies out of network—
40New Jersey Source · since 2026-07-01$179.23——Not classified—
41New Hampshire Source · since 2023-07-01$136.52——Plans negotiate; applies out of network—
See all 41 states for 95965 — start free

33 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 95965 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 95965, 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. 26 of the 41 states list more than one rate for 95965, 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 41 states, 2 publish 95965 per unit, and 39 schedules print no unit at all (a flat amount per service).
  • Per hour. 95965 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 95965, 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 95965 rates differ between states

Published rates for 95965 run from $136.52 in New Hampshire to $3,838.80 in Nebraska, a 28.1x gap in the same unit. Half the states pay more than the median of $408.83 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.
  • 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.
  • 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. 22 states set the current rate for 95965 in 2026 or later, while 8 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 95965

No managed-care plan publishes what it pays for 95965. What is public is the rule each state's plan contracts set, and that rule decides how much the published rate matters when you contract with a plan.

In 8 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 14 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 (8 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 95965

95965 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.

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. Physician-fee-schedule codes are billed per service: one unit is one occurrence unless the code itself is defined by time or quantity.

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 95965?

It depends on the state. Of the 41 states with a published fee-for-service rate, the median is $408.83. Nebraska pays the most ($3,838.80) and New Hampshire the least ($136.52).

Which state pays the highest Medicaid rate for 95965?

Nebraska, at $3,838.80, effective 2026-07-01.

Which state pays the lowest Medicaid rate for 95965?

New Hampshire, at $136.52, effective 2023-07-01.

What unit is 95965 billed in?

Of the 41 states, 2 publish 95965 per unit, and 39 schedules print no unit at all (a flat amount per service).

Do managed-care plans pay the same rate for 95965?

Not necessarily. In 8 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 14 states is not classified yet. Each rule is cited to the plan contract, statute or notice in the workspace.