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24940 Medicaid reimbursement rates by state

Physician and practitioner services (fee schedule). 26 state Medicaid programs publish a fee-for-service rate for 24940 at the physician psychologist level. Rates run from $8.10 in New Jersey to $1,907.77 in Arizona, with a median of $532.80.

Data as of 2026-10-05. Every rate links to the official document it came from.

States publishing
26
Median rate
$532.80units vary by state
Highest
$1,907.77Arizona
Medicare (non-facility)
—not on the physician fee schedule

24940 rate in every state

One like-for-like fee-for-service rate per state, highest first. Units can differ between states; the per-hour column converts time-based units.

StateMedicaid rateUnitPer hourManaged-care plans% of MedicareSource
ArizonaAny qualified provider (rate does not vary by provider) · Arizona AHCCCS fee-for-service (AIHP, Tribal ALTCS, TRBHA and other FFS members)$1,907.77⚠ over 3× mediansince 2020-10-01——Plans negotiate; applies out of network—AHCCCS Arizona Health Care Cost Containm
IndianaAny qualified provider (rate does not vary by provider) · Indiana Medicaid (fee-for-service)$1,764.79since 2024-01-01unit—Plans must pay at least this—IHCP Professional Fee Schedule (Last Upd
KentuckyAny qualified provider (rate does not vary by provider) · Kentucky Medicaid (fee-for-service, DMS fee schedules)$1,079.77since 2020-01-01——Plans negotiate; applies out of network—KY Medicaid Physician fee schedule (2020
North CarolinaAny qualified provider (rate does not vary by provider) · North Carolina Medicaid Direct (fee-for-service)$863.98since 2025-10-01——Plans must pay at least this—NC Medicaid fee schedule 'Nurse Practiti
KansasAny qualified provider (rate does not vary by provider) · MediKan (Kansas state-funded medical program, KMAP fee schedule)$850.82since 2024-08-01——Paid by the state, outside plans—KMAP Fee Schedule MKN Medicaid (FeeSched
AlabamaAny qualified provider (rate does not vary by provider) · Alabama Medicaid (fee-for-service, Alabama Medicaid Agency fee schedules)$801.54since 2026-08-25——Not classified—Physician Fee Schedule (REF-0129-Q)
IowaPhysician or licensed psychologist (incl. BCBA-D) · Iowa Medicaid (fee-for-service schedules; the floor IA Health Link plans must pay)$773.11since 2013-07-01——Plans must pay at least this—Iowa Medicaid fee schedule #02 PHYSICIAN
MinnesotaAny qualified provider (rate does not vary by provider) · Minnesota Health Care Programs: Medical Assistance (fee-for-service)$768.29since 2026-02-01——Plans negotiate; applies out of network—MHCP Fee Schedule - Current Fee Schedule
ConnecticutAny qualified provider (rate does not vary by provider) · Connecticut Medicaid / HUSKY Health (fee-for-service, CMAP)$653.21since 2026-01-01——Not classified—CMAP fee schedule: Physician Surgical 04
FloridaAny qualified provider (rate does not vary by provider) · Florida Medicaid (fee-for-service)$604.67since 2026-01-01——Plans negotiate; applies out of network—Practitioner Fee Schedule (2026-01-01)
IllinoisAny qualified provider (rate does not vary by provider) · Illinois Medicaid (HFS fee-for-service)$604.33since 2013-01-01——Plans negotiate; applies out of network—HFS Practitioner Fee Schedule (effective
MichiganAny qualified provider (rate does not vary by provider) · Michigan Medicaid (fee-for-service)$602.42since 2023-10-01——Plans negotiate; applies out of network—MDHHS Practitioner and Medical Clinic Fe
ColoradoAny qualified provider (rate does not vary by provider) · Child Health Plan Plus (CHP+, Colorado's CHIP)$561.19since 2026-07-01——Plans negotiate; applies out of network—Child Health Plan Plus FY 2026-2027 Fee
South CarolinaAny qualified provider (rate does not vary by provider) · South Carolina Healthy Connections Medicaid (fee-for-service)$504.40since 2017-07-01——Plans negotiate; applies out of network—SCDHHS Nurse Midwives Fee Schedule (sche
LouisianaAny qualified provider (rate does not vary by provider) · Louisiana Medicaid (fee-for-service)$425.08since 2013-02-01——Plans must pay at least this—Louisiana Medicaid Professional Services
New YorkPhysician or licensed psychologist (incl. BCBA-D) · New York Medicaid (fee-for-service)$414.88since 2023-01-01unit—Plans negotiate; applies out of network—eMedNY Physician Fee Schedule Sect 5 (Su
WashingtonAny qualified provider (rate does not vary by provider) · Washington Apple Health (Medicaid) fee-for-service$397.70since 2021-01-01——Plans negotiate; applies out of network—HCA Physician-related services fee sched
MarylandAny qualified provider (rate does not vary by provider) · Maryland Medicaid (fee-for-service, MDH)$327.00since 2026-01-01——Not classified—Maryland Medicaid Professional Services
MissouriAny qualified provider (rate does not vary by provider) · Missouri MO HealthNet (fee-for-service)$228.42since 2022-07-01——Plans must pay at least this—MO HealthNet fee schedule: Practitioner
NebraskaAny qualified provider (rate does not vary by provider) · Nebraska Medicaid (fee-for-service)$221.94since 2026-07-01——Plans negotiate; applies out of network—Nebraska Medicaid fee schedule 471-000-5
OregonAny qualified provider (rate does not vary by provider) · Oregon Health Plan (fee-for-service, OHA)$185.94since 2025-01-01——Plans negotiate; applies out of network—OHP FFS medical-dental fee schedule (fee
ArkansasAny qualified provider (rate does not vary by provider) · Arkansas Medicaid (fee-for-service)$174.00since 2025-06-13——Not classified—Arkansas Medicaid Physician / CRNA / Fam
WisconsinAny qualified provider (rate does not vary by provider) · Wisconsin Medicaid and BadgerCare Plus (fee-for-service, ForwardHealth maximum allowable fees)$164.07since 2008-07-01——Plans negotiate; applies out of network—ForwardHealth max fee schedule: Medical-
TexasPhysician or licensed psychologist (incl. BCBA-D) · Texas Medicaid (fee-for-service, TMHP)$153.20since 2026-03-01——Plans negotiate; applies out of network—TMHP Texas Medicaid Fee Schedule - Physi
CaliforniaAny qualified provider (rate does not vary by provider) · California Medi-Cal (fee-for-service)$45.00since 2026-10-01——Plans negotiate; applies out of network—Medi-Cal UA and UB Modifier Maximum Allo
New JerseyAny qualified provider (rate does not vary by provider) · New Jersey Medicaid / NJ FamilyCare (fee-for-service)$8.10since 2014-07-01base unit—Not classified—NJMMIS Procedure Master Listing CPTCodes

Rates marked ⚠ are more than three times the median for the same unit; they are published as shown but often reflect an office (non-facility) fee or a different scope of service. 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 with the CMS formula; states with several Medicare localities show a range. Confirm rates with the payer before billing.

Frequently asked questions

What does Medicaid pay for 24940?

It depends on the state. Of the 26 states with a published fee-for-service rate, the median is $532.80. Arizona pays the most ($1,907.77) and New Jersey the least ($8.10 per base unit).

Which state pays the highest Medicaid rate for 24940?

Arizona, at $1,907.77, effective 2020-10-01.

Do managed-care plans pay the same rate for 24940?

Not necessarily. Each state's plan contracts decide whether plans must pay at least the fee-for-service rate, pay a state-set rate, or negotiate their own. The table shows the rule for each state, cited to the contract or statute.

Related Physician & professional codes

Track 24940 in your statesYour codes on one rate card: every payer's rule, Medicare comparison, rank and rate changes.
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