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Billing code M0247 · Physician & professional

M0247 Medicaid reimbursement rate by state (2026)

Intravenous infusion, sotrovimab. Medicaid pays a median of $450.00 for M0247 across 11 states, from $75.29 in Texas to $455.67 in New Mexico.

Data as of Oct 5, 202611 statesEvery rate links to its official source

States publishing
11
National median
$450.00units vary by state
Lowest
$75.29Texas
Highest
$455.67New Mexico
Answer

What does Medicaid pay for M0247?

11 state Medicaid programs publish a fee-for-service rate for M0247. The national median is $450.00 (units differ between states). New Mexico pays the most, $455.67, and Texas the least, $75.29 per hour, a 6.1x spread.

State ranking

M0247 rate by state: highest, middle and lowest

One like-for-like fee-for-service rate per state, ranked. The workspace lists all 11 states with every variant, modifier and effective date.

#StateMedicaid rateUnitPer hourManaged-care plans% of Medicare
1New Mexico Source · since 2025-01-01$455.67——Plans must pay at least this—
2Arizona Source · since 2021-10-01$450.00——Plans negotiate; applies out of network—
3Massachusetts Source · since 2021-05-26$450.00——Not classified—
5New Jersey Source · since 2021-05-26$450.00——Not classified—
6Kentucky Source · since 2023-01-01$450.00——Plans negotiate; applies out of network—
10Pennsylvania Source · since 2021-05-26$360.00——Plans negotiate; applies out of network—
11Texas Source · since 2024-09-01$75.29hour$75.29Paid by the state, outside plans—
See all 11 states for M0247 — start free

4 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 M0247 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 M0247?

It depends on the state. Of the 11 states with a published fee-for-service rate, the median is $450.00. New Mexico pays the most ($455.67) and Texas the least ($75.29 per hour).

Which state pays the highest Medicaid rate for M0247?

New Mexico, at $455.67, effective 2025-01-01.

Do managed-care plans pay the same rate for M0247?

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.