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Billing code 27240 · Physician & professional

27240 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $741.74 for 27240 across 49 states, from $9.30 in New Jersey to $1,534.32 in Alaska.

Data as of Oct 5, 202649 statesEvery rate links to its official source

States publishing
49
National median
$741.74units vary by state
Lowest
$9.30New Jersey
Highest
$1,534.32Alaska
Answer

What does Medicaid pay for 27240?

49 state Medicaid programs publish a fee-for-service rate for 27240. The national median is $741.74 (units differ between states). Alaska pays the most, $1,534.32, and New Jersey the least, $9.30 per base unit, a 165.0x spread.

State ranking

27240 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$1,534.32——Not classified—
2Alabama Source · since 2026-09-24$1,466.73——Not classified—
3New Mexico Source · since 2025-01-01$1,384.14——Plans must pay at least this—
24Georgia Source · since 2017-01-01$745.28——Plans negotiate; applies out of network—
25Mississippi Source · since 2026-07-01$741.74——Plans must pay at least this—
26Wisconsin Source · since 2008-07-01$727.71——Plans negotiate; applies out of network—
48Rhode Island Source · since 1996-01-01$75.60——Plans negotiate; applies out of network—
49New Jersey Source · since 2014-07-01$9.30base unit—Not classified—
See all 49 states for 27240 — 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.

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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 27240 in your states. Get an alert when any state changes it, with every variant and the managed-care rule.
FAQ

Frequently asked questions

What does Medicaid pay for 27240?

It depends on the state. Of the 49 states with a published fee-for-service rate, the median is $741.74. Alaska pays the most ($1,534.32) and New Jersey the least ($9.30 per base unit).

Which state pays the highest Medicaid rate for 27240?

Alaska, at $1,534.32, effective 2026-07-01.

Do managed-care plans pay the same rate for 27240?

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.