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Medicare Physician Fee Schedule · Q3 2026 release

CPT 73721 in Louisville, KY

Lower-extremity joint mri without contrast in ZIPs including 40202, 40507, and 40203

73721 Q3 2026 · Louisville, KY flag15102-00
Office (non-facility) Facility
Locality-adjusted allowed amount
$186.70
in a doctor’s own office or clinic

91.3% of the $204.41 national baseline

( Work1.32 × 1.000 + Practice exp.4.71 × 0.889 + Malpractice0.09 × 0.915 ) × Conv. factor$33.4009 = $186.70

The Medicare allowed amount is $186.70 in the Office (non-facility) and Facility settings, under the Q3 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.

Q3 2026 · Locality 15102-00 · Participating · Whole service · Sequestration excluded

CMS sources and method · Calculation inputs

What Medicare locality is Louisville, KY in? Copy link

CMS prices all of Kentucky as one Medicare payment locality, so this amount applies statewide, including Lexington, Bowling Green and Covington—not only in Louisville, KY.

Confirm the locality before using this amount. A split ZIP needs ZIP+4 for an exact match.

ZIP codes in this payment locality (1,030)

The CMS ZIP-to-locality crosswalk maps 1,030 ZIP codes to this payment locality. Use this amount only after you confirm the service location is in this locality. Of these, 2 span more than one locality and need ZIP+4 for an exact match.

40003 40004 40006 40007 40008 40009 40010 40011 40012 40013 40014 40018 40019 40020 40022 40023 40025 40026 40027 40031 40032 40033 40036 40037 40040 40041 40045 40046 40047 40048 40049 40050 40051 40052 40055 40056 40057 40058 40059 40060 40061 40062 40063 40065 40066 40067 40068 40069 40070 40071 40075 40076 40077 40078 40104 40106 40107 40108 40109 40110 40111 40115 40117 40118 40119 40121 40122 40129 40140 40142 40143 40144 40145 40146 40150 40152 40153 40155 40157 40159 40160 40161 40162 40164 40165 40166 40170 40171 40175 40176 40177 40178 40201 40202 40203 40204 40205 40206 40207 40208

930 more ZIP codes map to this locality. The Louisville, KY locality page lists the full set.

Which ZIP codes does the Louisville, KY rate for 73721 cover?

The CMS ZIP-to-locality crosswalk maps 1,030 ZIP codes to this payment locality, and 73721 has the same amount in every one of them. Examples include 40003, 40004, 40006, 40007, 40008, 40009. Of these, 2 span more than one payment locality and need ZIP+4 for an exact match.

Does this 73721 rate apply everywhere in Kentucky?

Yes. CMS prices Kentucky as a single Medicare payment locality, so the same GPCIs—and the same allowed amount—apply statewide, not only in Louisville, KY. That includes Lexington, Bowling Green and Covington. The city name here is a search-facing label for a statewide payment locality, not a city-specific rate.

How locality affects the amount Copy link

Office (non-facility) · Q3 2026 · Participating · Whole service

Louisville, KY (this locality)
$186.70
National PFS baseline (GPCI 1.000)
$204.41

Each of this locality's geographic practice cost indices (GPCIs) scales one RVU component before the conversion factor is applied. Together they put Louisville, KY 8.7% below the national baseline.

Work GPCI
1.000
Practice expense GPCI
0.889
Malpractice GPCI
0.915
2026 conversion factor
$33.4009
Why is the 73721 rate in Louisville, KY 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 1.000, practice expense 0.889, malpractice 0.915—scale each RVU component before the conversion factor is applied, which is why the Louisville, KY amount is lower 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 Louisville, KY GPCI; the products are summed and multiplied by the conversion factor.

Code
73721
DOS
Not selected; uses this release’s rates
Locality
KENTUCKY (KY)
Setting
Office (non-facility)
Participation
Participating provider
Modifiers
None
Units
1
Release
Q3 2026, revision 1
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.

RVU × GPCI components of Louisville, KY allowed amount for 73721
Component RVU × GPCI = Adjusted
Work 1.32 × 1.000 1.3200
Practice expense · Office (non-facility) 4.71 × 0.889 4.1872
Malpractice 0.09 × 0.915 0.0824
Sum of adjusted RVUs 5.5895
× 33.4009 conversion factor = formula amount $186.70

Component subtotals show four decimals. The formula amount is rounded to cents before any later adjustment.

  1. Locality-adjusted allowed amount $186.70

    After applicable fee-schedule adjustments; sequestration excluded

Citations

  • Supplies the RVUs and PFS status for this code and component.

    Physician relative value file (PPRRVU)

    Q3 2026 · revision 1

    Latest revision of this release

    Release period: July 1 – September 30, 2026

    Record details PPRRVU2026_Jul_nonQPP.csv in rvu26c-updated-06-30-2026.zip (row 8,216)
    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: b7d197e73211ef6854c213c267d5fa9dec8df995db8e1ee7d44c0556ad7cee21

    Original source file

  • Supplies the geographic adjustment factors for this locality.

    Geographic practice cost indices (GPCI)

    Q3 2026 · revision 1

    Latest revision of this release

    Release period: July 1 – September 30, 2026

    Record details GPCI2026.csv in rvu26c-updated-06-30-2026.zip (row 55)
    mac (col 1)
    15102
    locality_code (col 3)
    00
    work_gpci (col 5)
    1
    pe_gpci (col 6)
    0.889
    mp_gpci (col 7)
    0.915

    SHA-256: 7850e2987d12e46930e49033f96829b5ae11f60dd1f19965329b38cf08b05264

    Original source file

  • Supplies the dollar conversion factor used in the formula.

    Physician relative value file (PPRRVU)

    Q3 2026 · revision 1

    Latest revision of this release

    Release period: July 1 – September 30, 2026

    Record details PPRRVU2026_Jul_nonQPP.csv in rvu26c-updated-06-30-2026.zip (row 11)
    conversion_factor (col 26)
    33.4009

    SHA-256: b7d197e73211ef6854c213c267d5fa9dec8df995db8e1ee7d44c0556ad7cee21

    Original source file

Participating, non-participating and limiting charge Copy link

All figures are for the office (non-facility) setting in Louisville, KY. 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.

Participation and payment-split amounts for 73721 in Louisville, KY
Participating allowed amount The fee schedule amount a participating provider accepts as payment in full. $186.70
Non-participating allowed amount 95% of the participating amount. $177.36
Limiting charge Ceiling a non-participating provider may bill the patient on an unassigned claim—115% of the non-participating amount. $203.96
Medicare share 80% of the allowed amount, once the annual Part B deductible is met. $149.36
Patient coinsurance The remaining 20%. $37.34
Sequestration adjustment Reduces only Medicare's share—never the allowed amount or the patient's coinsurance. $2.99
Net Medicare payment Medicare's share after the sequestration reduction. $146.37
What is the non-participating amount and limiting charge for 73721 in Louisville, KY?

A non-participating provider is paid $177.36—95% of the $186.70 participating fee schedule amount. On an unassigned claim the limiting charge caps what the patient can be billed at $203.96, which is 115% of the non-participating amount.

How much of the Louisville, KY 73721 rate does Medicare actually pay?

Medicare pays 80% of the allowed amount ($149.36) once the annual Part B deductible is met, and the beneficiary owes 20% ($37.34). Sequestration reduces Medicare's share by about 2% ($2.99), leaving $146.37. Sequestration never changes the allowed amount itself, which is why it is shown separately here.

Contracted rate: % of Medicare in Louisville, KY 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—$186.70 in the office (non-facility) setting—not the $204.41 national baseline.

Opens the calculator set to Louisville, KY 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 Louisville, KY, nearest first. Each amount is that locality's own GPCI-adjusted Office (non-facility) figure for 73721. Neighboring localities often differ.

73721 allowed amount in payment localities near Louisville, KY
Metro Allowed amount vs. Louisville, KY
Indianapolis, IN $191.38 +2.5%
Nashville, TN $188.71 +1.1%
Columbus, OH $190.75 +2.2%
St. Louis, MO $196.87 +5.4%
Chicago, IL $209.40 +12.2%
Detroit, MI $200.97 +7.6%

Every payment locality nationwide is on the CPT 73721 rate map.

Other codes priced in Louisville, KY Copy link

Office (non-facility) allowed amounts in this same payment locality, Q3 2026.

Other curated codes and their allowed amounts in Louisville, KY
Code and service Allowed vs. national
72148 Lumbar Spine MRI Without Contrast $175.87 -8.3%
70553 Brain MRI With and Without Contrast $290.20 -8.4%
70551 Brain MRI Without Contrast $179.13 -8.3%
72141 Cervical Spine MRI Without Contrast $174.97 -8.3%
73221 Upper-Extremity Joint MRI Without Contrast $187.29 -8.7%
74183 Abdominal MRI With and Without Contrast $306.83 -8.7%
72146 MRI $174.68 -8.3%
72197 Pelvic MRI With and Without Contrast $305.34 -8.7%
77049 MRI $310.43 -8.6%
73222 MRI $283.88 -9.2%
70552 MRI $245.59 -8.7%
73722 MRI $285.96 -9.2%

Source & method Copy link

Computed from the CMS Medicare Physician Fee Schedule Q3 2026 release: this code's RVUs from the relative value file, multiplied by payment locality 15102-00's GPCIs, then by the 2026 conversion factor of $33.4009. ZIP coverage from the CMS ZIP-to-locality crosswalk, Q3 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 Louisville, KY 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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