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Billing code M0232 · Physician & professional

M0232 Medicaid reimbursement rate by state (2026)

Intravenous infusion, tocilizumabbavi. Medicaid pays a median of $427.50 for M0232 across 5 states, from $72.95 in Texas to $2,220.00 in New Hampshire.

Data as of Oct 5, 20265 statesEvery rate links to its official source

States publishing
5
National median
$427.50units vary by state
Lowest
$72.95Texas
Highest
$2,220.00New Hampshire
Answer

What does Medicaid pay for M0232?

5 state Medicaid programs publish a fee-for-service rate for M0232. The national median is $427.50 (units differ between states). New Hampshire pays the most, $2,220.00, and Texas the least, $72.95 per hour, a 30.4x spread.

State ranking

M0232 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 5 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1New Hampshire Source · since 2026-07-01$2,220.00——Plans negotiate; applies out of network—
2Mississippi Source · since 2026-07-01$450.50——Plans must pay at least this—
3Vermont Source · since 2026-07-01$427.50——Not classified—
See all 5 states for M0232 — start free

2 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.

  • Source for every rate
  • Full rate history
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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 M0232 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 M0232, 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. 1 of the 5 states list more than one rate for M0232, 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 5 states, 1 publish M0232 per hour, and 4 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). 1 of the 5 states bill M0232 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 M0232, 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 M0232 rates differ between states

Published rates for M0232 run from $72.95 in Texas to $2,220.00 in New Hampshire. The two publish it in different units (no unit printed versus hour), so part of that gap is the unit rather than the price. Half the states pay more than the median of $427.50 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.
  • 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.
  • 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. 4 states set the current rate for M0232 in 2026 or later. 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 M0232

Most Medicaid members are in managed-care plans, and plans don't publish their provider fee schedules. For M0232, the public signal is the rule each state sets for its plans, recorded on each rate above.

In 1 state, the published rate binds plans: a floor, a pass-through or a state-set rate. In 2 states, plans negotiate and the published rate is a benchmark or out-of-network default. In 1 state, the service is paid outside the plans or through a state-directed payment. The rule for the remaining 1 state is not classified yet.

  • Plans negotiate; the published rate applies out of network (2 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 (1 state). 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 (1 state). 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 New Hampshire managed care.

Billing

Units and billing for M0232

M0232 is a billing code in the physician & professional line, billed mostly by physicians, nurse practitioners, physician assistants and other licensed practitioners. This code is billed per service as the state's schedule defines it.

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.

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 M0232?

It depends on the state. Of the 5 states with a published fee-for-service rate, the median is $427.50. New Hampshire pays the most ($2,220.00) and Texas the least ($72.95 per hour).

Which state pays the highest Medicaid rate for M0232?

New Hampshire, at $2,220.00, effective 2026-07-01.

Which state pays the lowest Medicaid rate for M0232?

Texas, at $72.95 per hour ($72.95 per hour), effective 2024-09-01. It publishes the code in a different unit from New Hampshire, so compare per unit with care.

What unit is M0232 billed in?

Of the 5 states, 1 publish M0232 per hour, and 4 schedules print no unit at all (a flat amount per service). 1 of the 5 states bill it by time, and their rates are also shown per hour.

Do managed-care plans pay the same rate for M0232?

Not necessarily. In 1 state, the published rate binds plans: a floor, a pass-through or a state-set rate. In 2 states, plans negotiate and the published rate is a benchmark or out-of-network default. In 1 state, the service is paid outside the plans or through a state-directed payment. The rule for the remaining 1 state is not classified yet. Each rule is cited to the plan contract, statute or notice in the workspace.