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CPT 95954 Fee Schedule

Medicare rates as of October 2026

CPT 95954 is classified under Medicine Services and Procedures, in the Neurology and Neuromuscular Procedures subgroup.

Pharmacological Or Physical Ac, Pharmacological Or Physical Activation Requiring Physician Or Other Qualified Health Care Professional Attendance During Eeg Recording Of Activation Phase (Eg Thiopental Activation Test)
Key FactDetail
Service Type

Medicine Services and Procedures

Neurology and Neuromuscular Procedures

Common Place of Service

22On Campus Outpatient Hospital

21Inpatient Hospital

Common Modifiers

26Professional component

TCTechnical component

Hospital Outpatient Group (APC)APC 5723 - Level 3 Diagnostic Tests and Related Services
Common Revenue Codes0740
Medicare Fee Schedule$379.43 national non-facility rate (2026)View Medicare rates for 95954
Medicaid Fee Schedule$306.61 median of the 8 states in the free previewView Medicaid rates for 95954

National average reimbursement for CPT 95954 by major payers:

BCBS / Anthem logo

$458.61

BCBS / Anthem

UnitedHealthcare logo

$468.41

UnitedHealthcare

Aetna logo

$465.02

Aetna

Cigna logo

$605.08

Cigna

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 95954.

CPT 95954
5 of 25 sample ratesHigher to lower in this preview
  1. Lauren Schumacher

    ILPsychiatry PhysicianNPI 1871912683Tax ID 94-3281657

    $2,472.36Published rate
  2. Mary Fahrmeier

    Loyola University Medical Center

    ILPsychiatry PhysicianNPI 1245252303Tax ID 36-4015560

    $738.94Published rate
  3. Jamie Evans

    ILPsychiatry PhysicianNPI 1962664789Tax ID 91-0844563

    $542.17Published rate
  4. Denis Altman

    Pediatric Faculty Foundation In

    ILNeurology with Special Qualifications in Child Neurology PhysicianNPI 1043252521Tax ID 36-3279680

    $396.58Published rate
  5. Alexandria Melendez-Zaidi

    TXNeurology with Special Qualifications in Child Neurology PhysicianNPI 1588012058Tax ID 75-2668018

    $155.30Published rate

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

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CPT 95954 vs. Other Neurology and Neuromuscular Procedures Codes

The table lists codes related to 95954. Select one to see its fee schedule.

CodeDescription
95940-CPTIonm In Operatng Room 15 Min, Continuous Intraoperative Neurophysiology Monitoring In The Operating Room One On One Monitoring Requiring Personal Attendance Each 15 Minutes List Separately In Addition To Code For Primary Procedure
95941-CPTIonm Remote 1 Pt Or Per Hr, Continuous Intraoperative Neurophysiology Monitoring From Outside The Operating Room Remote Or Nearby Or For Monitoring Of More Than One Case While In The Operating Room Per Hour List Separately In Addition To Code For Primary Procedure
95954-CPTPharmacological Or Physical Ac, Pharmacological Or Physical Activation Requiring Physician Or Other Qualified Health Care Professional Attendance During Eeg Recording Of Activation Phase (Eg Thiopental Activation Test)
95957-CPTComputer Analysis Brain Waves, Eeg Recording That Is Analyzed By Computer To Identify The Specific Spiking Type Occurring During An Epileptic Seizure.

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 95954. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 95954 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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Frequently Asked Questions

What APC is CPT 95954 assigned to?


Medicare's hospital outpatient payment system (OPPS) assigns CPT 95954 to APC 5723 (Level 3 Diagnostic Tests and Related Services). An APC groups outpatient services that Medicare pays at the same base rate.

Which revenue codes are billed with CPT 95954?


Hospital price transparency files list CPT 95954 under these revenue codes: 0740. A revenue code names the hospital department or charge category for the line; it does not change what the service is.

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