Medicare Physician Fee Schedule · Q4 2026 release
CPT 73721 in Suburban Chicago, IL
Lower-extremity joint mri without contrast in ZIPs including 60540, 60002, and 60010
06102-15
Status A
Medicare calculates a national payment amount for this code and pays it separately when the service is covered.
Full definition →
103.4% of the $204.41 national baseline
( Work1.32 × 1.007 + Practice exp.4.71 × 1.027 + Malpractice0.09 × 1.772 ) × Conv. factor$33.4009 = $211.29
- Code
- 73721
- DOS
- Not selected; uses this release’s rates
- Locality
- SUBURBAN CHICAGO (IL)
- Setting
- Office (non-facility)
- Participation
- Participating provider
- Modifiers
- None
- Units
- 1
- Release
- Q4 2026, revision 2
- Sequestration
- Shown separately from the allowed amount
Citations
-
Supplies the RVUs and PFS status for this code and component.
Physician relative value file (PPRRVU)Q4 2026 · revision 2
Latest revision of this release
Release period: October 1 – December 31, 2026
Record details
PPRRVU2026_Oct_nonQPP.csv in rvu26d-updated-08-26-2026.zip (row 8,276)- hcpcs (col 1)
- 73721
- modifier (col 2)
- blank
- status_code (col 4)
- A
- work_rvu (col 6)
- 1.32
- pe_rvu_nonfacility (col 7)
- 4.71
- pe_rvu_facility (col 9)
- 4.71
- mp_rvu (col 11)
- 0.09
SHA-256: 4d0d3f19bd954ffc0f5b8439169d267da023d4f6911f4539bb6e98723cb1a626
-
Supplies the geographic adjustment factors for this locality.
Geographic practice cost indices (GPCI)Q4 2026 · revision 2
Latest revision of this release
Release period: October 1 – December 31, 2026
Record details
GPCI2026.csv in rvu26d-updated-08-26-2026.zip (row 50)- mac (col 1)
- 06102
- locality_code (col 3)
- 15
- work_gpci (col 5)
- 1.007
- pe_gpci (col 6)
- 1.027
- mp_gpci (col 7)
- 1.772
SHA-256: 7850e2987d12e46930e49033f96829b5ae11f60dd1f19965329b38cf08b05264
-
Supplies the dollar conversion factor used in the formula.
Physician relative value file (PPRRVU)Q4 2026 · revision 2
Latest revision of this release
Release period: October 1 – December 31, 2026
Record details
PPRRVU2026_Oct_nonQPP.csv in rvu26d-updated-08-26-2026.zip (row 11)- conversion_factor (col 26)
- 33.4009
SHA-256: 4d0d3f19bd954ffc0f5b8439169d267da023d4f6911f4539bb6e98723cb1a626
The Medicare allowed amount is $211.29 in the Office (non-facility) and Facility settings, under the Q4 2026 Physician Fee Schedule. This is the fee schedule amount before sequestration and before any deductible or coinsurance is applied—not necessarily what a specific claim pays.
Q4 2026 · Locality 06102-15 · Participating · Whole service · Sequestration excluded
What Medicare locality is Suburban Chicago, IL in? Copy link
Suburban Chicago, IL is in CMS payment locality Suburban Chicago (06102-15). The same amount applies everywhere in it.
Confirm the locality before using this amount. A split ZIP needs ZIP+4 for an exact match.
ZIP codes in this payment locality (155)
The CMS ZIP-to-locality crosswalk maps 155 ZIP codes to this payment locality. Use this amount only after you confirm the service location is in this locality. Of these, 30 span more than one locality and need ZIP+4 for an exact match.
55 more ZIP codes map to this locality. The Suburban Chicago, IL locality page lists the full set.
Which ZIP codes does the Suburban Chicago, IL rate for 73721 cover?
The CMS ZIP-to-locality crosswalk maps 155 ZIP codes to this payment locality, and 73721 has the same amount in every one of them. Examples include 60002, 60010, 60011, 60015, 60020, 60030. Of these, 30 span more than one payment locality and need ZIP+4 for an exact match.
How locality affects the amount Copy link
Office (non-facility) · Q4 2026 · Participating · Whole service
Each of this locality's geographic practice cost indices (GPCIs) scales one RVU component before the conversion factor is applied. Together they put Suburban Chicago, IL 3.4% above the national baseline.
Why is the 73721 rate in Suburban Chicago, IL different from the national amount?
The national figure is a GPCI 1.000 baseline, not an amount any provider is paid. This locality's geographic practice cost indices—work 1.007, practice expense 1.027, malpractice 1.772—scale each RVU component before the conversion factor is applied, which is why the Suburban Chicago, IL amount is higher than the $204.41 baseline.
Formula and inputs Copy link
For the office (non-facility) amount, each of 73721's RVU components is multiplied by its Suburban Chicago, IL GPCI; the products are summed and multiplied by the conversion factor.
- Code
- 73721
- DOS
- Not selected; uses this release’s rates
- Locality
- SUBURBAN CHICAGO (IL)
- Setting
- Office (non-facility)
- Participation
- Participating provider
- Modifiers
- None
- Units
- 1
- Release
- Q4 2026, revision 2
- Sequestration
- Shown separately from the allowed amount
Formula
(work_rvu × work_gpci + pe_rvu × pe_gpci + mp_rvu × mp_gpci) × conversion_factor
Localis calculated this from CMS’s published inputs. Select an underlined value to see where it comes from.
| Component | RVU | × GPCI | = Adjusted |
|---|---|---|---|
| Work | 1.32 | × 1.007 | 1.3292 |
| Practice expense · Office (non-facility) | 4.71 | × 1.027 | 4.8372 |
| Malpractice | 0.09 | × 1.772 | 0.1595 |
| Sum of adjusted RVUs | 6.3259 | ||
| × 33.4009 conversion factor = formula amount | $211.29 | ||
Component subtotals show four decimals. The formula amount is rounded to cents before any later adjustment.
-
Locality-adjusted allowed amount $211.29
After applicable fee-schedule adjustments; sequestration excluded
Citations
-
Supplies the RVUs and PFS status for this code and component.
Physician relative value file (PPRRVU)Q4 2026 · revision 2
Latest revision of this release
Release period: October 1 – December 31, 2026
Record details
PPRRVU2026_Oct_nonQPP.csv in rvu26d-updated-08-26-2026.zip (row 8,276)- hcpcs (col 1)
- 73721
- modifier (col 2)
- blank
- status_code (col 4)
- A
- work_rvu (col 6)
- 1.32
- pe_rvu_nonfacility (col 7)
- 4.71
- pe_rvu_facility (col 9)
- 4.71
- mp_rvu (col 11)
- 0.09
SHA-256: 4d0d3f19bd954ffc0f5b8439169d267da023d4f6911f4539bb6e98723cb1a626
-
Supplies the geographic adjustment factors for this locality.
Geographic practice cost indices (GPCI)Q4 2026 · revision 2
Latest revision of this release
Release period: October 1 – December 31, 2026
Record details
GPCI2026.csv in rvu26d-updated-08-26-2026.zip (row 50)- mac (col 1)
- 06102
- locality_code (col 3)
- 15
- work_gpci (col 5)
- 1.007
- pe_gpci (col 6)
- 1.027
- mp_gpci (col 7)
- 1.772
SHA-256: 7850e2987d12e46930e49033f96829b5ae11f60dd1f19965329b38cf08b05264
-
Supplies the dollar conversion factor used in the formula.
Physician relative value file (PPRRVU)Q4 2026 · revision 2
Latest revision of this release
Release period: October 1 – December 31, 2026
Record details
PPRRVU2026_Oct_nonQPP.csv in rvu26d-updated-08-26-2026.zip (row 11)- conversion_factor (col 26)
- 33.4009
SHA-256: 4d0d3f19bd954ffc0f5b8439169d267da023d4f6911f4539bb6e98723cb1a626
Participating, non-participating and limiting charge Copy link
All figures are for the office (non-facility) setting in Suburban Chicago, IL. Medicare pays part of the allowed amount and the patient pays the rest; the rows below show each figure. See how the limiting charge and sequestration are derived.
| Participating allowed amount The fee schedule amount a participating provider accepts as payment in full. | $211.29 |
|---|---|
| Non-participating allowed amount 95% of the participating amount. | $200.73 |
| Limiting charge Ceiling a non-participating provider may bill the patient on an unassigned claim—115% of the non-participating amount. | $230.84 |
| Medicare share 80% of the allowed amount, once the annual Part B deductible is met. | $169.03 |
| Patient coinsurance The remaining 20%. | $42.26 |
| Sequestration adjustment Reduces only Medicare's share—never the allowed amount or the patient's coinsurance. | $3.38 |
| Net Medicare payment Medicare's share after the sequestration reduction. | $165.65 |
What is the non-participating amount and limiting charge for 73721 in Suburban Chicago, IL?
A non-participating provider is paid $200.73—95% of the $211.29 participating fee schedule amount. On an unassigned claim the limiting charge caps what the patient can be billed at $230.84, which is 115% of the non-participating amount.
How much of the Suburban Chicago, IL 73721 rate does Medicare actually pay?
Medicare pays 80% of the allowed amount ($169.03) once the annual Part B deductible is met, and the beneficiary owes 20% ($42.26). Sequestration reduces Medicare's share by about 2% ($3.38), leaving $165.65. Sequestration never changes the allowed amount itself, which is why it is shown separately here.
Contracted rate: % of Medicare in Suburban Chicago, IL Copy link
Commercial contracts are often written as a percentage of the Medicare fee schedule. The part that gets misread is which Medicare amount: a contract benchmarked to the fee schedule prices off this locality's allowed amount—$211.29 in the office (non-facility) setting—not the $204.41 national baseline.
Opens the calculator set to Suburban Chicago, IL and your selected setting, where you can also compare what a payer paid against the expected amount. See how to find your contract's actual percentage.
Compare 73721 in nearby payment localities
Payment localities in the same region as Suburban Chicago, IL, nearest first. Each amount is that locality's own GPCI-adjusted Office (non-facility) figure for 73721. Neighboring localities often differ.
| Metro | Allowed amount | vs. Suburban Chicago, IL |
|---|---|---|
| Chicago, IL | $209.40 | -0.9% |
| Milwaukee, WI | $195.73 | -7.4% |
| Indianapolis, IN | $191.38 | -9.4% |
| Detroit, MI | $200.97 | -4.9% |
| St. Louis, MO | $196.87 | -6.8% |
| Metro East, IL | $194.88 | -7.8% |
Every payment locality nationwide is on the CPT 73721 rate map.
Other codes priced in Suburban Chicago, IL Copy link
Office (non-facility) allowed amounts in this same payment locality, Q4 2026.
| Code and service | Allowed | vs. national |
|---|---|---|
| 72148 Lumbar Spine MRI Without Contrast | $198.42 | +3.5% |
| 70553 Brain MRI With and Without Contrast | $328.02 | +3.5% |
| 70551 Brain MRI Without Contrast | $202.20 | +3.5% |
| 72141 Cervical Spine MRI Without Contrast | $197.39 | +3.5% |
| 73221 Upper-Extremity Joint MRI Without Contrast | $211.98 | +3.4% |
| 74183 Abdominal MRI With and Without Contrast | $347.63 | +3.5% |
| 72146 MRI | $197.05 | +3.5% |
| 72197 Pelvic MRI With and Without Contrast | $345.92 | +3.5% |
| 77049 MRI | $351.34 | +3.4% |
| 73222 MRI | $322.76 | +3.2% |
| 70552 MRI | $277.96 | +3.4% |
| 73722 MRI | $325.16 | +3.2% |
Source & method Copy link
Computed from the CMS Medicare Physician Fee Schedule Q4 2026 release: this code's RVUs from the relative value file, multiplied by payment locality 06102-15's GPCIs, then by the 2026 conversion factor of $33.4009. ZIP coverage from the CMS ZIP-to-locality crosswalk, Q4 2026 release. Past releases are never edited, so an amount for an earlier quarter always matches what CMS published for it. Coverage and coding correctness are outside this calculation.
Working a claim with an earlier date of service? The calculator prices 73721 in Suburban Chicago, IL against the release in effect on that date. Dates in the last 12 months don't need an account; older dates of service need a free account.
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