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29240 Medicaid reimbursement rate by state (2026)

Physician and practitioner services (fee schedule). Medicaid pays a median of $23.24 for 29240 across 49 states, from $6.57 in Rhode Island to $52.25 in Iowa.

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

States publishing
49
National median
$23.24units vary by state
Lowest
$6.57Rhode Island
Highest
$52.25Iowa

What does Medicaid pay for 29240?

49 state Medicaid programs publish a fee-for-service rate for 29240 at the physician psychologist level. The national median is $23.24 (units differ between states). Iowa pays the most, $52.25, and Rhode Island the least, $6.57, a 8.0x spread.

Medicare (non-facility, 2026 physician fee schedule): $26.35–$36.90 depending on the state's Medicare locality.

29240 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
1Iowa Source · since 2013-07-01$52.25——Plans must pay at least this—
2Alaska Source · since 2026-07-01$50.05——Not classified—
3Kansas Source · since 2023-07-01$48.62——Plans must pay at least this—
24Connecticut Source · since 2026-01-01$23.57——Not classified—
25Oregon Source · since 2026-02-01$23.24——Plans negotiate; applies out of network—
26Minnesota Source · since 2026-02-01$22.12——Plans negotiate; applies out of network—
48Washington Source · since 2026-07-01$8.98——Plans negotiate; applies out of network—
49Rhode Island Source · since 1993-04-01$6.57——Plans negotiate; applies out of network—
See all 49 states for 29240 — 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 29240 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 29240?

It depends on the state. Of the 49 states with a published fee-for-service rate, the median is $23.24. Iowa pays the most ($52.25) and Rhode Island the least ($6.57).

Which state pays the highest Medicaid rate for 29240?

Iowa, at $52.25, effective 2013-07-01.

Do managed-care plans pay the same rate for 29240?

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.