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

CPT 98940 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.

Chiropractic Adjustment, Chiropractic Services To Treat One To Five Areas Of The Spine. The Areas Are Moved Gently To Encourage The Body To Realign Itself.
Key FactDetail
Service Type

Medicine Services and Procedures

Chiropractic Manipulative Treatment Procedures

Common Place of Service

11 - Office

50 - Federally Qualified Health Center

Common Modifiers

AT - Acute or Active Treatment

GA - Required ABN issued and on file

Complexity LevelLow
Medicare Fee Schedule$26.72 national non-facility rate (2026) · View Medicare rates for 98940
Medicaid Fee Schedule$22.09 median of the 8 states in the free preview · View Medicaid rates for 98940

National average reimbursement for CPT 98940 by major payers:

bcbs

$25.23

uhc

$31.34

aetna

$27.33

cigna

$37.61

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 98940.

CPT 98940
5 of 25 sample ratesHigher to lower in this preview
  1. Julie Passon

    ORFamily Nurse PractitionerNPI 1780730119Tax ID 83-2849989

    $59.08Published rate
  2. Julie Webster

    Musc Community Physicians

    SCBody Imaging PhysicianNPI 1396769964Tax ID 85-3861695

    $30.38Published rate
  3. Henry Flemming

    Montgomery Cardiovascular Associates, P.C.

    ALInterventional Cardiology PhysicianNPI 1982638383Tax ID 63-0691533

    $28.87Published rate
  4. Julie Webster

    Musc Community Physicians

    SCBody Imaging PhysicianNPI 1396769964Tax ID 85-3861695

    $24.62Published rate
  5. Donald Rhodes

    Auburn Cardiovascular, PC

    ALInterventional Cardiology PhysicianNPI 1295770345Tax ID 63-1192863

    $11.59Published 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 98940 vs. Other Chiropractic Manipulative Treatment Procedures Codes

The CPT 98940 code is part of the Medicine Services and Procedures services used for Chiropractic Manipulative Treatment 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 98940 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
98940-CPTLowChiropractic Adjustment, Chiropractic Services To Treat One To Five Areas Of The Spine. The Areas Are Moved Gently To Encourage The Body To Realign Itself.
98941-CPTLowChiropractic Manipulative Trea, Chiropractic Manipulative Treatment (Cmt) Spinalthree To Four Regions Chiropractic Manipulative Treatment (Cmt) Spinal Three To
98942-CPTLowChiropractic Adjustment, Chiropractic Services To Treat One To Five Areas Of The Spine. The Areas Are Moved Gently To Encourage The Body To Realign Itself.
98943-CPTLowChiropractic Manipulative Trea, Chiropractic Manipulative Treatment (Cmt) Extraspinal One Or More Regions Chiropractic Manipulative Treatment (Cmt) Extraspinal One

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 98940. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 98940 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 98940) and we'll show you how you compare in 15 minutes or less.