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Billing code 99473 · Physician & professional

99473 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $11.14 for 99473 across 31 states, from $8.06 in Wisconsin to $21.60 in Montana.

Data as of Oct 5, 202631 statesEvery rate links to its official source

States publishing
31
National median
$11.14units vary by state
Lowest
$8.06Wisconsin
Highest
$21.60Montana
Answer

What does Medicaid pay for 99473?

31 state Medicaid programs publish a fee-for-service rate for 99473. The national median is $11.14 (units differ between states). Montana pays the most, $21.60, and Wisconsin the least, $8.06, a 2.7x spread. Where the billing unit matches Medicare's, Medicaid pays 64% of the 2026 Medicare physician fee schedule amount for the state.

Medicare (non-facility, 2026 physician fee schedule): $13.28–$18.24 depending on the state's Medicare locality.

State ranking

99473 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 31 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1Montana Source · since 2026-07-01$21.60——Not classified—
2New Mexico Source · since 2025-01-01$19.31——Plans must pay at least this—
3North Dakota Source · since 2026-07-01$16.90——Not classified—
15Idaho Source · since 2026-07-01$12.09——Not classified—
16Missouri Source · since 2025-02-01$11.14——Plans must pay at least this—
17Virginia Source · since 2026-07-01$11.07——Plans negotiate; applies out of network—
30Kansas Source · since 2024-08-01$8.22——Plans must pay at least this—
31Wisconsin Source · since 2020-09-01$8.06——Plans negotiate; applies out of network—
See all 31 states for 99473 — start free

23 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 99473 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 99473, 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. 19 of the 31 states list more than one rate for 99473, 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 31 states, 1 publish 99473 per unit and 1 per visit, and 29 schedules print no unit at all (a flat amount per service).
  • Per hour. 99473 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. Shown only where the Medicaid rate uses the code's own billing unit and a Medicare amount exists: 1 state for 99473, at 64%.
  • Source and date. Each Source link opens the state's own document; “since” is the date the rate took effect.
Context

Why 99473 rates differ between states

Published rates for 99473 run from $8.06 in Wisconsin to $21.60 in Montana, a 2.7x gap in the same unit. Half the states pay more than the median of $11.14 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.
  • 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.

Timing matters too. 19 states set the current rate for 99473 in 2026 or later, while 2 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 99473

No managed-care plan publishes what it pays for 99473. 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 9 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 17 states, plans negotiate and the published rate is a benchmark or out-of-network default. The rule for the remaining 5 states is not classified yet.

  • Plans negotiate; the published rate applies out of network (17 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 (9 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 Montana managed care.

Billing

Units and billing for 99473

99473 is a CPT evaluation and management code in the physician & professional line, billed mostly by physicians, nurse practitioners, physician assistants and other licensed practitioners. Evaluation and management codes are billed once per visit. The code itself sets the level of the visit, so there is no time unit to multiply, and the setting (office, hospital, facility) decides which code applies.

Physician-fee-schedule codes are billed per service: one unit is one occurrence unless the code itself is defined by time or quantity. 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 $13.28–$18.24 for 99473 (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 99473?

It depends on the state. Of the 31 states with a published fee-for-service rate, the median is $11.14. Montana pays the most ($21.60) and Wisconsin the least ($8.06).

Which state pays the highest Medicaid rate for 99473?

Montana, at $21.60, effective 2026-07-01.

Which state pays the lowest Medicaid rate for 99473?

Wisconsin, at $8.06, effective 2020-09-01.

What unit is 99473 billed in?

Of the 31 states, 1 publish 99473 per unit and 1 per visit, and 29 schedules print no unit at all (a flat amount per service).

How do Medicaid rates for 99473 compare with Medicare?

Where the billing units match, Medicaid pays 64% of the 2026 Medicare physician fee schedule amount for the state (non-facility).

Do managed-care plans pay the same rate for 99473?

Not necessarily. In 9 states, the published rate binds plans: a floor, a pass-through or a state-set rate. In 17 states, plans negotiate and the published rate is a benchmark or out-of-network default. 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.