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CPT 98940 Medicare rate in Q4 2022

Chiropractic Spinal Manipulation

Historical · Q4 2022
$28.03

National (GPCI 1.000)

$26.05–$37.25 across payment localities

Participating physician · Before sequestration

CMS evidence · Q4 2022 release

The national PFS baseline was $28.03 for CPT 98940 in the Office (non-facility) setting and $22.15 in a facility under the Q4 2022 Physician Fee Schedule, effective October 2022. These are the national allowed amounts before locality (GPCI) adjustment; sequestration is excluded.

Why are the facility and non-facility amounts different?

Only the practice-expense RVU changes with the setting. For 98940 it's 0.34 RVUs in the Office (non-facility) setting versus 0.17 in a facility—the whole $5.88 gap between $28.03 and $22.15. In the Office (non-facility) setting the practice bears the overhead, so the allowed amount is higher; in a hospital or ASC the facility bills its own fee, so the professional amount is lower. See facility vs non-facility.

Sources: CMS Medicare Physician Fee Schedule Relative Value Files; CMS Practice Expense methodology (cms.gov).

About this code

Also known as Chiropractic adjustment

Contract rate as % of Medicare Copy link

Applies to your locality's allowed amount, not the $28.03 national baseline. How to find your contract's percentage.

Need rates from another insurer? Join the waitlist →

Allowed amount, Medicare's share, and patient share Copy link

A physician's $28.03 Office (non-facility) allowed amount: Medicare pays $21.97 after sequestration and the patient owes $5.61, once the Part B deductible is met.

Adjust for your locality →
98940: allowed amount and each party's share by who bills it, Office (non-facility), national baseline
Billed by Allowed amount Participating claim If not participating
What Medicare pays Patient coinsurance Non-participating amount Limiting charge
Physician (MD/DO) 100% Calculator $28.03 $21.97 $22.42 − $0.45 $5.61 $26.63 $30.62

National Q4 2022, GPCI 1.000. Rows are provider types with at least 1% of 98940’s Medicare services in CMS’s CY2024 Physician & Other Practitioners data; each % applies before the 80/20 split and sequestration.

Is $28.03 what a practice actually receives?

It's the national allowed amount—the starting point. Medicare pays 80% of it ($22.42) and the patient owes 20% coinsurance ($5.61). Sequestration trims Medicare's share by about 2%, your locality's GPCIs scale the total up or down, and the expected-payment calculator applies all three. That payment is practice revenue that covers staff, space, equipment, and billing. It isn't the clinician's take-home pay. The practice-expense RVU above is CMS's estimate of that overhead share.

Sources: Budget Control Act sequestration provisions; CMS Medicare Fee-for-Service payment guidance; CMS Geographic Practice Cost Index (GPCI) files; CMS Physician Fee Schedule overview (cms.gov).

What's the non-participating amount for 98940?

$26.63 in the Office (non-facility) setting—95% of the $28.03 participating fee schedule amount above. A participating provider takes the fee schedule amount as payment in full on every claim. A non-participating provider is paid this reduced amount, but chooses claim by claim whether to accept assignment. See participating vs non-participating.

Sources: CMS Physician Fee Schedule overview (cms.gov); CMS Medicare Fee-for-Service payment guidance.

What's the limiting charge for 98940?

$30.62 in the Office (non-facility) setting—the ceiling on what a non-participating provider can bill the patient on an unassigned claim. That's 109.25% of the $28.03 amount above. The non-participating amount is 95% of the fee schedule rate ($26.63), and the statutory cap is 115% of that. See limiting charge.

Sources: CMS Physician Fee Schedule overview (cms.gov); CMS Medicare Fee-for-Service payment guidance.

CMS RVU22DOctober 1 – December 31, 2022 See file rows

Which billing rules and modifiers apply? Copy link

CMS indicators that apply to 98940: GLOB DAYS 000 (same day only).

Global surgery period

Same day only

GLOB DAYS

000

The fee covers pre-operative and post-operative work on the day of the procedure only—there is no follow-up window afterward. A visit the next day is separately payable.

Assistant at surgery, only if documented: -80/81/82 $4.48 · -AS $3.81. Not payable with 98940: -26/TC · -50 · -62 · -66.

Modifier amounts are derived, not a CMS column: Localis applies the standard MPFS percentage to the national Office (non-facility) amount. Check them against the Claims Processing Manual. If documented means paid only when documentation of medical necessity is submitted. Locality-adjusted amounts.

Why would a Medicare claim for 98940 be denied or paid less?

These come from CMS indicators on this page, not general billing advice.

Payer-specific coverage and documentation rules live outside these files, so a claim that clears every check here can still be denied on other grounds.

CMS RVU22DOctober 1 – December 31, 2022 See file rows

Can you bill it with another code? Copy link

This code

98940

See every current NCCI pair for 98940 →

Payment review for 98940 Copy link

What to check (4)

Three published payment rules can change what 98940 allows on a claim: the office/facility differential, the same-day global package and documentation-restricted assistant-at-surgery payment. Each is a legitimate reason for a paid amount to differ from the fee-schedule amount on this page.

  • Check the place-of-service code before attributing the gap to the payer: office and facility pricing differ by $5.88 nationally at GPCI 1.000, before any locality adjustment.
  • Check the visit date: this code carries no follow-up window, so a related visit the day after the procedure is separately payable and should not have bundled.
  • Check for documentation on file before appealing an assistant-at-surgery denial: payment on the -80 or -AS line is restricted for this procedure unless medical necessity is established.
  • Reprice the line against the release, locality, setting, modifier and participation status that applied to the date of service before treating any difference as an underpayment.

Sources: CMS Medicare Physician Fee Schedule Relative Value Files; CMS Practice Expense methodology (cms.gov); CMS Medicare Claims Processing Manual (Pub. 100-04); 42 USC 1395w-4(i)(2) (SSA §1848(i)(2))—Assistants-at-surgery.

How location and RVUs set the amount Copy link

Office (non-facility): 0.81 RVUs × $34.6062 = $28.03 national PFS baseline. Local GPCIs move it from $26.05 in Arkansas, AR to $37.25 in Alaska, AK.

Office (non-facility)

Office (non-facility): each RVU times its GPCI, summed, times the conversion factor
Component RVU × GPCI =
Work 0.46 1.000 0.46
Practice expense 0.34 1.000 0.34
Malpractice 0.01 1.000 0.01
Total RVUs 0.81
× Conversion factor $34.6062
= National PFS baseline $28.03

Facility

Facility: each RVU times its GPCI, summed, times the conversion factor
Component RVU × GPCI =
Work 0.46 1.000 0.46
Practice expense 0.17 1.000 0.17
Malpractice 0.01 1.000 0.01
Total RVUs 0.64
× Conversion factor $34.6062
= National PFS baseline $22.15

Rates by locality Copy link

Maine: $26.71–$27.88 across 2 localities ME Wisconsin: $27.10 WI Vermont: $27.89 VT New Hampshire: $28.45 NH Montana: $28.02 MT North Dakota: $27.83 ND Minnesota: $27.96 MN Michigan: $26.98–$28.21 across 2 localities MI New York: $27.42–$32.18 across 5 localities NY Massachusetts: $29.11–$31.14 across 2 localities MA Rhode Island: $28.92 RI Washington: $28.11–$30.81 across 2 localities WA Idaho: $26.38 ID Wyoming: $27.98 WY South Dakota: $27.81 SD Iowa: $26.74 IA Illinois: $27.06–$29.03 across 4 localities IL Indiana: $26.67 IN Ohio: $27.04 OH Pennsylvania: $27.27–$29.43 across 2 localities PA New Jersey: $30.26–$31.14 across 2 localities NJ Connecticut: $29.94 CT Oregon: $27.25–$28.96 across 2 localities OR Nevada: $28.23 NV Utah: $27.01 UT Colorado: $28.52 CO Nebraska: $26.68 NE Missouri: $26.23–$27.71 across 3 localities MO Kentucky: $26.43 KY West Virginia: $26.43 WV Virginia: $27.94 VA Maryland: $28.67–$29.71 across 2 localities MD Delaware: $28.34 DE California: $29.09–$33.93 across 32 localities CA Arizona: $27.40 AZ New Mexico: $26.86 NM Kansas: $26.76 KS Oklahoma: $26.56 OK Arkansas: $26.05 AR Tennessee: $26.58 TN North Carolina: $27.12 NC South Carolina: $26.78 SC District of Columbia: $31.77 DC Texas: $27.22–$28.85 across 8 localities TX Louisiana: $26.63–$27.35 across 2 localities LA Mississippi: $26.06 MS Alabama: $26.69 AL Georgia: $26.56–$27.97 across 2 localities GA Florida: $27.46–$28.87 across 3 localities FL Alaska: $37.25 AK Hawaii: $29.76 HI
$26–$28 $28–$30 $30–$32 $32–$34 $34–$35 $35–$37

98940 Office (non-facility) by metro, highest first

Show 56 more metros
New York City, NY $31.67 Locality 13202-01 Boston, MA $31.14 Locality 14212-01 Northern New Jersey, NJ $31.14 Locality 12402-01 Seattle, WA $30.81 Locality 02402-02 Los Angeles, CA $30.77 Locality 01182-18 Ventura County, CA $30.47 Locality 01182-17 San Diego, CA $30.37 Locality 01182-72 Hartford, CT $29.94 Locality 13102-00 Honolulu, HI $29.76 Locality 01212-01 Baltimore, MD $29.71 Locality 12302-01 Sacramento, CA $29.45 Locality 01112-63 Philadelphia, PA $29.43 Locality 12502-01 Bakersfield, CA $29.27 Locality 01112-54 Riverside, CA $29.21 Locality 01112-62 Fresno, CA $29.09 Locality 01112-56 Chicago, IL $29.03 Locality 06102-16 Suburban Chicago, IL $29.03 Locality 06102-15 Portland, OR $28.96 Locality 02302-01 Providence, RI $28.92 Locality 14412-01 Miami, FL $28.87 Locality 09102-04 Houston, TX $28.85 Locality 04412-18 Austin, TX $28.57 Locality 04412-31 Dallas, TX $28.55 Locality 04412-11 Denver, CO $28.52 Locality 04112-01 Fort Lauderdale, FL $28.34 Locality 09102-03 Las Vegas, NV $28.23 Locality 01312-00 Detroit, MI $28.21 Locality 08202-01 Fort Worth, TX $28.07 Locality 04412-28 Atlanta, GA $27.97 Locality 10212-01 Minneapolis, MN $27.96 Locality 06202-00 Richmond, VA $27.94 Locality 11302-00 Portland, ME $27.88 Locality 14112-03 St. Louis, MO $27.71 Locality 05302-01 Metro East, IL $27.58 Locality 06102-12 Tampa, FL $27.46 Locality 09102-99 Kansas City, MO $27.46 Locality 05302-02 Buffalo, NY $27.42 Locality 13282-99 Phoenix, AZ $27.40 Locality 03102-00 San Antonio, TX $27.36 Locality 04412-99 New Orleans, LA $27.35 Locality 07202-01 Pittsburgh, PA $27.27 Locality 12502-99 Charlotte, NC $27.12 Locality 11502-00 Milwaukee, WI $27.10 Locality 06302-00 Columbus, OH $27.04 Locality 15202-00 Salt Lake City, UT $27.01 Locality 03502-09 Albuquerque, NM $26.86 Locality 04212-05 Charleston, SC $26.78 Locality 11202-01 Wichita, KS $26.76 Locality 05202-00 Des Moines, IA $26.74 Locality 05102-00 Birmingham, AL $26.69 Locality 10112-00 Omaha, NE $26.68 Locality 05402-00 Indianapolis, IN $26.67 Locality 08102-00 Nashville, TN $26.58 Locality 10312-35 Oklahoma City, OK $26.56 Locality 04312-00 Louisville, KY $26.43 Locality 15102-00 Boise, ID $26.38 Locality 02202-00
Maine: $21.43–$22.01 across 2 localities ME Wisconsin: $21.56 WI Vermont: $22.00 VT New Hampshire: $22.34 NH Montana: $22.14 MT North Dakota: $21.95 ND Minnesota: $22.00 MN Michigan: $21.62–$22.35 across 2 localities MI New York: $21.80–$24.96 across 5 localities NY Massachusetts: $22.87–$24.07 across 2 localities MA Rhode Island: $22.76 RI Washington: $22.14–$23.78 across 2 localities WA Idaho: $21.22 ID Wyoming: $22.09 WY South Dakota: $21.92 SD Iowa: $21.40 IA Illinois: $21.69–$22.88 across 4 localities IL Indiana: $21.37 IN Ohio: $21.67 OH Pennsylvania: $21.75–$23.06 across 2 localities PA New Jersey: $23.55–$24.08 across 2 localities NJ Connecticut: $23.38 CT Oregon: $21.68–$22.71 across 2 localities OR Nevada: $22.35 NV Utah: $21.60 UT Colorado: $22.36 CO Nebraska: $21.34 NE Missouri: $21.22–$21.97 across 3 localities MO Kentucky: $21.32 KY West Virginia: $21.38 WV Virginia: $22.08 VA Maryland: $22.56–$23.27 across 2 localities MD Delaware: $22.33 DE California: $22.82–$25.79 across 32 localities CA Arizona: $21.81 AZ New Mexico: $21.59 NM Kansas: $21.42 KS Oklahoma: $21.37 OK Arkansas: $21.06 AR Tennessee: $21.34 TN North Carolina: $21.66 NC South Carolina: $21.47 SC District of Columbia: $24.50 DC Texas: $21.66–$22.79 across 8 localities TX Louisiana: $21.50–$21.90 across 2 localities LA Mississippi: $21.10 MS Alabama: $21.46 AL Georgia: $21.40–$22.10 across 2 localities GA Florida: $21.94–$22.85 across 3 localities FL Alaska: $30.67 AK Hawaii: $23.04 HI
$21–$23 $23–$24 $24–$26 $26–$27 $27–$29 $29–$31

98940 Facility by metro, highest first

Show 56 more metros
Washington, DC $24.50 Locality 12202-01 Northern New Jersey, NJ $24.08 Locality 12402-01 Boston, MA $24.07 Locality 14212-01 Los Angeles, CA $23.86 Locality 01182-18 Seattle, WA $23.78 Locality 02402-02 San Diego, CA $23.55 Locality 01182-72 Ventura County, CA $23.54 Locality 01182-17 Hartford, CT $23.38 Locality 13102-00 Baltimore, MD $23.27 Locality 12302-01 Sacramento, CA $23.09 Locality 01112-63 Philadelphia, PA $23.06 Locality 12502-01 Honolulu, HI $23.04 Locality 01212-01 Bakersfield, CA $23.01 Locality 01112-54 Riverside, CA $22.94 Locality 01112-62 Chicago, IL $22.88 Locality 06102-16 Miami, FL $22.85 Locality 09102-04 Fresno, CA $22.82 Locality 01112-56 Houston, TX $22.79 Locality 04412-18 Suburban Chicago, IL $22.78 Locality 06102-15 Providence, RI $22.76 Locality 14412-01 Portland, OR $22.71 Locality 02302-01 Dallas, TX $22.51 Locality 04412-11 Fort Lauderdale, FL $22.45 Locality 09102-03 Denver, CO $22.36 Locality 04112-01 Detroit, MI $22.35 Locality 08202-01 Las Vegas, NV $22.35 Locality 01312-00 Austin, TX $22.34 Locality 04412-31 Fort Worth, TX $22.21 Locality 04412-28 Atlanta, GA $22.10 Locality 10212-01 Richmond, VA $22.08 Locality 11302-00 Metro East, IL $22.04 Locality 06102-12 Portland, ME $22.01 Locality 14112-03 Minneapolis, MN $22.00 Locality 06202-00 St. Louis, MO $21.97 Locality 05302-01 Tampa, FL $21.94 Locality 09102-99 New Orleans, LA $21.90 Locality 07202-01 Kansas City, MO $21.85 Locality 05302-02 Phoenix, AZ $21.81 Locality 03102-00 Buffalo, NY $21.80 Locality 13282-99 Pittsburgh, PA $21.75 Locality 12502-99 San Antonio, TX $21.74 Locality 04412-99 Columbus, OH $21.67 Locality 15202-00 Charlotte, NC $21.66 Locality 11502-00 Salt Lake City, UT $21.60 Locality 03502-09 Albuquerque, NM $21.59 Locality 04212-05 Milwaukee, WI $21.56 Locality 06302-00 Charleston, SC $21.47 Locality 11202-01 Birmingham, AL $21.46 Locality 10112-00 Wichita, KS $21.42 Locality 05202-00 Des Moines, IA $21.40 Locality 05102-00 Indianapolis, IN $21.37 Locality 08102-00 Oklahoma City, OK $21.37 Locality 04312-00 Omaha, NE $21.34 Locality 05402-00 Nashville, TN $21.34 Locality 10312-35 Louisville, KY $21.32 Locality 15102-00 Boise, ID $21.22 Locality 02202-00

Q4 2022, each locality's GPCIs, before sequestration. Multi-locality states are shaded by their mean. Look up your exact locality →

CMS RVU22DOctober 1 – December 31, 2022 See file rows

Source & method Copy link

  1. 01 PPRRVU22_OCT.csv · Q4 2022 (RVU22D) · row 17,477—status A, RVUs limits
    Effective
    October 1 – December 31, 2022
    Locator
    PPRRVU22_OCT.csv in rvu22d.zip · row 17,477 of 17,726 · via CMS
    Fields read
    Status A (col 4) Work RVU 0.46 (col 6) Office (non-facility) PE RVU 0.34 (col 7) Facility PE RVU 0.17 (col 9) Malpractice RVU 0.01 (col 11)
    SHA-256 f8774a019545e1fd…
    Doesn’t establish
    A locality-adjusted allowed amount, or the payment after sequestration. National baselines use GPCI 1.000 and exclude sequestration.
    Note
    Whether a national amount exists depends on the status and CMS’s payment instructions; blank RVUs are never treated as zero.
  2. 02 Conversion factor · same file · row 17,477 · column 25—$34.6062
    Source
    Conversion factor, read from the same file as the RVUs
  3. 03 Physician & Other Practitioners · CY2024—volume and who bills it limits
    Effective
    Calendar-year snapshot, on a different cycle from the Q4 2022 fee schedule
    Doesn’t establish
    Medicare Advantage, Medicaid or commercial volume, or the exact place of service: CMS publishes only the facility vs non-facility split, so the Office (non-facility) share does not identify urgent care or any other specific setting.
    Note
    The dataset suppresses rows under 11 beneficiaries. Specialty groups with fewer than 30 observed clinicians are omitted, so the shares can fall short of 100%.
  4. 04 Derived Modifier amounts—calculated by Localis from standard MPFS percentages limits
    Source
    Modifier amounts apply standard MPFS percentages to this code’s billing indicators.
    Doesn’t establish
    A CMS-published amount: we derive these rather than read them from CMS. Confirm them against the current Claims Processing Manual before relying on them for payment.

Cite this rate

CPT 98940 National PFS baseline: Office (non-facility) $28.03; Facility $22.15 (Q4 2022; participating physician; whole service; GPCI 1.000; sequestration excluded). CMS RVU22D, PPRRVU22_OCT.csv row 17,477. Localis. https://localishealth.com/cpt/98940/2022/D

Past releases are never edited, so the citation stays checkable after CMS publishes a newer one. Methodology · Plain-text summary · JSON

How has it changed? Copy link

$26.72 Office (non-facility) and $18.37 Facility since Jan 1, 2026, after a +0.8% increase in the Office (non-facility) amount. +2.0% increase since Q1 2013; peak $29.16 in Q1 2018.

  1. Jan 1, 2026 – present

    Q1 2026

    Still in effect · 4 releases at this rate
    Office
    $26.72 (+$0.20, +0.8% increase)
    Facility
    $18.37 (−$2.98, -14.0% decrease)

    Q1 2026 Jan 1, 2026 – Mar 31, 2026 · Q2 2026 Apr 1, 2026 – Jun 30, 2026 · Q3 2026 Jul 1, 2026 – Sep 30, 2026 · Q4 2026 Oct 1, 2026 – present

  2. Jan 1, 2025 – Dec 31, 2025

    Q1 2025

    4 releases at this rate
    Office
    $26.52 (−$0.78, -2.9% decrease)
    Facility
    $21.35 (−$0.29, -1.3% decrease)

    Q1 2025 Jan 1, 2025 – Mar 31, 2025 · Q2 2025 Apr 1, 2025 – Jun 30, 2025 · Q3 2025 Jul 1, 2025 – Sep 30, 2025 · Q4 2025 Oct 1, 2025 – Dec 31, 2025

  3. Mar 9, 2024 – Dec 31, 2024

    Q1 2024

    4 releases at this rate
    Office
    $27.30 (+$0.45, +1.7% increase)
    Facility
    $21.64 (+$0.36, +1.7% increase)

    Q1 2024 Mar 9, 2024 – Mar 31, 2024 · Q2 2024 Apr 1, 2024 – Jun 30, 2024 · Q3 2024 Jul 1, 2024 – Sep 30, 2024 · Q4 2024 Oct 1, 2024 – Dec 31, 2024

  4. Jan 1, 2024 – Mar 8, 2024 · Superseded revision

    Q1 2024 rev 1

    Revision 1, later corrected by CMS
    Office
    $26.85
    Facility
    $21.28
  5. Jan 1, 2023 – Dec 31, 2023

    Q1 2023

    4 releases at this rate
    Office
    $27.79 (−$0.24, -0.9% decrease)
    Facility
    $22.03 (−$0.12, -0.5% decrease)

    Q1 2023 Jan 1, 2023 – Mar 31, 2023 · Q2 2023 Apr 1, 2023 – Jun 30, 2023 · Q3 2023 Jul 1, 2023 – Sep 30, 2023 · Q4 2023 Oct 1, 2023 – Dec 31, 2023

  6. Jan 1, 2022 – Dec 31, 2022

    Q1 2022

    4 releases at this rate
    Office
    $28.03 (−$0.23, -0.8% decrease)
    Facility
    $22.15 (−$0.18, -0.8% decrease)

    Q1 2022 Jan 1, 2022 – Mar 31, 2022 · Q2 2022 Apr 1, 2022 – Jun 30, 2022 · Q3 2022 Jul 1, 2022 – Sep 30, 2022 · Q4 2022 Oct 1, 2022 – Dec 31, 2022

    • −$0.23 the conversion factor

National baseline (GPCI 1.000), before sequestration.

How each change is split
The chips under each change split the Office (non-facility) move into the conversion factor's share, which CMS sets for every code, and 98940's own work, practice-expense and malpractice RVUs. CMS doesn't publish this split; we derive it from each release's RVUs and conversion factor. We apply the new conversion factor to the earlier RVUs first, then price each RVU change at the new conversion factor. Another order would move a few cents between columns, but every total stays the same.
When does this rate change?

CMS publishes a fee schedule release every quarter (January, April, July, October), and each is versioned here. See what changed each release, or get an email when a new release moves rates.

The 98940 rate last moved in Q1 2026. See its rate history.

Sources: CMS Medicare Physician Fee Schedule Relative Value Files.

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Usage and related codes Copy link

In CY2024, 98940 ranked #218 of the 7,879 CPT codes billed to Medicare that year, by patients served or total allowed dollars.

Services
3.7M
Allowed
$99.1M
Beneficiaries
490,921

Who bills 98940 to Medicare

100% Office (non-facility) · 0% facility
  • Chiropractic 100%

CY2024 Medicare fee-for-service, from the CMS Physician & Other Practitioners dataset (limits). Localis groups related codes for payment research; the grouping isn't the AMA's code families.