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M0223 Medicaid reimbursement rates by state

Intravenous injection, bebtelovimab. 8 state Medicaid programs publish a fee-for-service rate for M0223. Rates run from $440.00 in Georgia to $561.51 in Colorado, with a median of $550.50.

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

States publishing
8
Median rate
$550.50units vary by state
Highest
$561.51Colorado
Medicare (non-facility)
—not on the physician fee schedule

M0223 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
ColoradoAny qualified provider (rate does not vary by provider) · Health First Colorado (Colorado Medicaid, fee-for-service)$561.51since 2022-07-01——Not classified—Health First Colorado Physician Fee Sche
New MexicoAny qualified provider (rate does not vary by provider) · New Mexico Medicaid (fee-for-service, HCA Medical Assistance Division)$557.44since 2025-01-01——Plans must pay at least this—New Mexico Medicaid Fee for Service HCPC
ArizonaAny qualified provider (rate does not vary by provider) · Arizona AHCCCS fee-for-service (AIHP, Tribal ALTCS, TRBHA and other FFS members)$550.50since 2022-10-01——Plans negotiate; applies out of network—AHCCCS FFS Capped Fee Schedule: Physicia
NebraskaAny qualified provider (rate does not vary by provider) · Nebraska Medicaid (fee-for-service)$550.50since 2022-02-11——Plans negotiate; applies out of network—Nebraska Medicaid ad hoc COVID-19 fee sc
New JerseyAny qualified provider (rate does not vary by provider) · New Jersey Medicaid / NJ FamilyCare (fee-for-service)$550.50since 2022-02-11——Not classified—NJMMIS Coronavirus Services procedure co
KentuckyAny qualified provider (rate does not vary by provider) · Kentucky Medicaid (fee-for-service, DMS fee schedules)$550.50since 2023-02-02——Plans negotiate; applies out of network—KY Medicaid COVID Infusion fee schedule
PennsylvaniaAny qualified provider (rate does not vary by provider) · Pennsylvania Medical Assistance (fee-for-service)$440.40since 2022-02-11——Plans negotiate; applies out of network—52 Pa.B. 2924 Addition of Monoclonal Ant
GeorgiaAny qualified provider (rate does not vary by provider) · Georgia Medicaid (fee-for-service)$440.00since 2022-04-01——Plans negotiate; applies out of network—Copy of PADL- Appendix A Published Copy_

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 M0223?

It depends on the state. Of the 8 states with a published fee-for-service rate, the median is $550.50. Colorado pays the most ($561.51) and Georgia the least ($440.00).

Which state pays the highest Medicaid rate for M0223?

Colorado, at $561.51, effective 2022-07-01.

Do managed-care plans pay the same rate for M0223?

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 M0223 in your statesYour codes on one rate card: every payer's rule, Medicare comparison, rank and rate changes.
Medicaid rates by state