PayerPrice
Data Platform
Who We Serve
Use Cases
More
Check Local Rates

CPT 94681 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.

Test For Oxygen Use, Lung Function Test That Measures The Amount Of Oxygen Absorbed Into The Blood. It Analyzes The Amount Of Oxygen In Exhaled Air To Learn How Much Oxygen The Body Is Using.
Key FactDetail
Service Type

Medicine Services and Procedures

Pulmonary Procedures

Common Place of Service

11 - Office

22 - On Campus Outpatient Hospital

Common Modifiers

26 - Professional component

59 - Distinct Procedural Service

Complexity LevelLow
Medicare Fee Schedule$50.10 national non-facility rate (2026) · View Medicare rates for 94681
Medicaid Fee Schedule$42.68 median of the 8 states in the free preview · View Medicaid rates for 94681

National average reimbursement for CPT 94681 by major payers:

bcbs

$63.02

uhc

$76.67

aetna

$69.80

cigna

$87.86

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 94681.

CPT 94681
5 of 25 sample ratesHigher to lower in this preview
  1. Meghan O'Neill

    Pediatric Faculty Foundation In

    ILNeurology with Special Qualifications in Child Neurology PhysicianNPI 1740505569Tax ID 36-3279680

    $124.50Published rate
  2. Mark Alter

    WIChild & Adolescent Psychiatry PhysicianNPI 1730263617Tax ID 91-0844563

    $83.50Published rate
  3. Shahzaib Khan

    Advocate Health And Hospitals Corporation

    ILPsychiatry PhysicianNPI 1134741028Tax ID 36-2169147

    $70.95Published rate
  4. Claudine Sinsioco

    Inova Health Care Services

    ILPsychiatry PhysicianNPI 1831335850Tax ID 54-0620889

    $21.20Published rate
  5. Pravesh Deotale

    St Louis University

    ILChild & Adolescent Psychiatry PhysicianNPI 1710275110Tax ID 43-0654872

    $14.11Published rate

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

Get a free rate benchmark for your specialty.

Choose your state and specialty to build a report from payer-published rates.

Use market rates to prepare your payer proposal.

Rate Benchmarking

Compare your rates with similar providers.

Select a published rate, define comparable providers, and see where that rate falls in your market.

See a sample rate comparison

Payer Contract Negotiation

Draft a fee schedule renegotiation letter.

Use your fee schedule and market benchmarks to set target rates and draft a letter for your payer.

See a sample payer proposal

CPT 94681 vs. Other Pulmonary Procedures Codes

The CPT 94681 code is part of the Medicine Services and Procedures services used for Pulmonary 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 94681 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
94680-CPTLowTest For Oxygen Use, Lung Function Test That Measures The Amount Of Oxygen Absorbed Into The Blood. It Analyzes The Amount Of Oxygen In Exhaled Air To Learn How Much Oxygen The Body Is Using.
94681-CPTLowTest For Oxygen Use, Lung Function Test That Measures The Amount Of Oxygen Absorbed Into The Blood. It Analyzes The Amount Of Oxygen In Exhaled Air To Learn How Much Oxygen The Body Is Using.
94690-CPTLowTest For Oxygen Use, Lung Function Test That Measures The Amount Of Oxygen Absorbed Into The Blood. It Analyzes The Amount Of Oxygen In Exhaled Air To Learn How Much Oxygen The Body Is Using.
94760-CPTLowBlood Oxygen Level Check, A Small Monitor That Checks The Amount Of Oxygen In The Blood Is Clipped To A Persons Ear Or Fingertip. A Single Test May Be Done Or Levels May Be Monitored Over Time.

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 94681. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 94681 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.

FREE SAMPLE MARKET COMPARISON

Let's review your payer contracts side-by-side with the market.

Bring your top codes (like CPT 94681) and we'll show you how you compare in 15 minutes or less.