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27040 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $202.02 for 27040 across 49 states, from $6.30 in Rhode Island to $554.64 in Alaska.

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

States publishing
49
National median
$202.02units vary by state
Lowest
$6.30Rhode Island
Highest
$554.64Alaska

What does Medicaid pay for 27040?

49 state Medicaid programs publish a fee-for-service rate for 27040 at the physician psychologist level. The national median is $202.02 (units differ between states). Alaska pays the most, $554.64, and Rhode Island the least, $6.30, a 88.0x spread.

Medicare (non-facility, 2026 physician fee schedule): $302.28–$448.58 depending on the state's Medicare locality.

27040 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 49 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1Alaska Source · since 2026-07-01$554.64——Not classified—
2Alabama Source · since 2026-09-24$517.41——Not classified—
3Montana Source · since 2026-07-01$480.72——Not classified—
24Nevada Source · since 2024-01-01$211.61——Plans must pay at least this—
25Hawaii Source · since 2026-06-01$202.02——Plans must pay at least this—
26Iowa Source · since 2013-07-01$195.87——Plans must pay at least this—
48New Jersey Source · since 2024-12-01$29.29——Not classified—
49Rhode Island Source · since 1993-04-01$6.30——Plans negotiate; applies out of network—
See all 49 states for 27040 — start free

41 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.

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 27040 in your states. Get an alert when any state changes it, with every variant and the managed-care rule.

Frequently asked questions

What does Medicaid pay for 27040?

It depends on the state. Of the 49 states with a published fee-for-service rate, the median is $202.02. Alaska pays the most ($554.64) and Rhode Island the least ($6.30).

Which state pays the highest Medicaid rate for 27040?

Alaska, at $554.64, effective 2026-07-01.

Do managed-care plans pay the same rate for 27040?

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 workspace shows the rule for each state, cited to the contract or statute.