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CPT 90868 Fee Schedule

Last Verified: October 2026

Healthcare providers use this code to document and receive reimbursement for visits that address moderate-level medical decision-making, often including multiple diagnoses or prescription management.

Brain Activity Stimulation, Tms (Transcranial Magnetic Stimulation) Treatment A Technique For Gently Stimulating The Brain Using Magnetic Pulses. Tms Is A Treatment For Depression And Anxiety.
Key FactDetail
Service Type

Medicine Services and Procedures

Psychiatry Services and Procedures

Common Place of Service

11 - Office

22 - On Campus Outpatient Hospital

Common Modifiers

59 - Distinct Procedural Service

U6

Complexity LevelModerate
Medicare Fee ScheduleView Medicare rates for 90868
Medicaid Fee Schedule$127.255 median of the 8 states in the free preview · View Medicaid rates for 90868

National average reimbursement for CPT 90868 by major payers:

bcbs

$222.22

uhc

$226.24

aetna

$199.12

cigna

$333.02

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 90868.

CPT 90868
5 of 25 sample ratesHigher to lower in this preview
  1. Kavita Thakkar

    Northwestern Memorial Healthcare

    ILNeurology with Special Qualifications in Child Neurology PhysicianNPI 1891921367Tax ID 36-3097297

    $497.02Published rate
  2. Edgar Hernandez

    DCPsychiatry PhysicianNPI 1568668176Tax ID 87-3883367

    $305.00Published rate
  3. Jason Liu

    J J Medical Care PLLC

    NYPsychiatry PhysicianNPI 1669558870Tax ID 20-1526675

    $244.38Published rate
  4. Randy Jung

    Southern Illinois Healthcare Foundation Inc

    ILPsychiatry PhysicianNPI 1205917176Tax ID 37-1158318

    $222.16Published rate
  5. Awss Zidan

    Warren Health Care Alliance, PC

    NYNeurology PhysicianNPI 1225472525Tax ID 22-3837316

    $158.47Published rate

National sample. Rates vary by location, specialty, and contract.

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CPT 90868 vs. Other Psychiatry Services and Procedures Codes

The CPT 90868 code is part of the Medicine Services and Procedures services used for Psychiatry Services and Procedures. It represents a moderate-complexity encounter and is one of several codes that vary based on time spent, level of medical decision-making, and documentation requirements.

The CPT 90868 code involves more provider time and moderate medical decision-making, unlike lower-level codes that require less time and simpler assessments. It typically includes multiple diagnoses, medication management, or test interpretation, leading to higher reimbursement and more detailed documentation requirements.

CodeComplexityDescription
90865-CPTLowPsychiatric Interview, A Psychiatrist Interviews A Person After They Have Been Given Sodium Amobarbital (Amytal) To Induce A Hypnotic State. The Drug Helps To Access Repressed Memories. Drug Effects Are Monitored Overnight.
90867-CPTModerateBrain Stimulation Planning, Treatment Planning For Tms (Transcranial Magnetic Stimulation) A Technique For Gently Stimulating The Brain Using Magnetic Pulses. Tms Is A Treatment For Depression And Anxiety.
90868-CPTModerateBrain Activity Stimulation, Tms (Transcranial Magnetic Stimulation) Treatment A Technique For Gently Stimulating The Brain Using Magnetic Pulses. Tms Is A Treatment For Depression And Anxiety.
90869-CPTModerateTcran Magn Stim Redetemine, Transcranial Magnetic Stimulation Treatment (Stimulates Nerve Cells In Brain To Improve Symptoms Of Depression) Subsequent Motor Threshold Re-Determination With Delivery And Management

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 90868. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 90868 fee schedule helps patients estimate costs and providers optimize billing for accurate reimbursements.

Factors that affect fee schedules


Medicare & Medicaid Rates

Government-set reimbursement amounts


Private Insurance Rates

Negotiated rates between providers and insurance companies


Geographic Location

Costs may be higher in urban areas.


Provider Type

Hospital providers may have different rates than private practice.

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