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Billing code 98960 · Physician & professional

98960 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $25.98 for 98960 across 25 states, from $3.62 in Colorado to $166.08 in California.

Data as of Oct 5, 202625 statesEvery rate links to its official source

States publishing
25
National median
$25.98units vary by state
Lowest
$3.62Colorado
Highest
$166.08California
Answer

What does Medicaid pay for 98960?

25 state Medicaid programs publish a fee-for-service rate for 98960. The national median is $25.98 (units differ between states). California pays the most, $166.08, and Colorado the least, $3.62 per month, a 45.9x spread.

State ranking

98960 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 25 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1California Source · since 2026-07-01$166.08——Paid by the state, outside plans—
2Missouri Source · since 2019-07-01$101.50——Plans must pay at least this—
3New Mexico Source · since 2025-01-01$50.1030 min$100.20Plans must pay at least this—
12Texas Source · since 2025-09-01$26.38——Plans negotiate; applies out of network—
13Minnesota Source · since 2026-02-01$25.98——Plans negotiate; applies out of network—
14Arizona Source · since 2023-10-01$24.23——Plans negotiate; applies out of network—
24Kansas Source · since 2023-07-01$9.70——Plans must pay at least this—
25Colorado Source · since 2026-07-01$3.62month—Paid by the state, outside plans—
See all 25 states for 98960 — start free

17 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 98960 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 98960, 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. 16 of the 25 states list more than one rate for 98960, 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 25 states, 2 publish 98960 per 30 min, 2 per unit and 1 per month, and 20 schedules print no unit at all (a flat amount per service).
  • Per hour. Time-based units are converted to an hour of service (four 15-minute units make an hour). 2 of the 25 states bill 98960 by time.
  • 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 98960, 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 98960 rates differ between states

Published rates for 98960 run from $3.62 in Colorado to $166.08 in California. The two publish it in different units (no unit printed versus month), so part of that gap is the unit rather than the price. Half the states pay more than the median of $25.98 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.
  • Modifiers such as professional or technical component, bilateral, multiple procedure and assistant at surgery change the amount paid, and states apply them with their own percentages.
  • 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. 11 states set the current rate for 98960 in 2026 or later, while 5 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 98960

What a plan pays for 98960 is negotiated privately, but the state decides how much room there is to negotiate. Here is how the rules break down across the 25 states.

In 8 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 10 states, plans negotiate and the published rate is a benchmark or out-of-network default. In 2 states, the service is paid outside the plans or through a state-directed payment. The rule for the remaining 5 states is not classified yet.

  • Plans negotiate; the published rate applies out of network (10 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.
  • Paid by the state, outside the plans (2 states). Bill the state's Medicaid program, not the plan, at the published rate. There is no plan contract to negotiate for this service.

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 California managed care.

Billing

Units and billing for 98960

98960 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.

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 98960?

It depends on the state. Of the 25 states with a published fee-for-service rate, the median is $25.98. California pays the most ($166.08) and Colorado the least ($3.62 per month).

Which state pays the highest Medicaid rate for 98960?

California, at $166.08, effective 2026-07-01.

Which state pays the lowest Medicaid rate for 98960?

Colorado, at $3.62 per month, effective 2026-07-01. It publishes the code in a different unit from California, so compare per unit with care.

What unit is 98960 billed in?

Of the 25 states, 2 publish 98960 per 30 min, 2 per unit and 1 per month, and 20 schedules print no unit at all (a flat amount per service). 2 of the 25 states bill it by time, and their rates are also shown per hour.

Do managed-care plans pay the same rate for 98960?

Not necessarily. In 8 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 10 states, plans negotiate and the published rate is a benchmark or out-of-network default. In 2 states, the service is paid outside the plans or through a state-directed payment. The rule for the remaining 5 states is not classified yet. Each rule is cited to the plan contract, statute or notice in the workspace.