RxDoctor Payments Data

CPT 93040

Electrocardiogram (ecg) 1 to 3 leads with review by physician

$13.18Medicare-allowed amount per service, averaged across 70,759 services
Providers submitted
$48.13

Asking price, not received

Medicare allowed
$13.18

The fee schedule figure

Medicare paid
$10.02

Balance is patient coinsurance

Providers submitted an average of $48.13 for this code and Medicare allowed $13.183.7× less. That gap is normal and means nothing on its own: Medicare pays its fee schedule regardless of what is billed, so the submitted figure describes a hospital chargemaster, not a price anyone paid. Of the allowed amount Medicare paid $10.02 (76%); the rest is the patient’s coinsurance and deductible.

Services
70,759

Medicare Part B, 2024

Beneficiaries
54,840
Providers billing it
682
Total allowed
$932,604

Services × allowed amount

What Medicare pays for CPT 93040

Across 70,759 services billed by 682 providers to 54,840 beneficiaries, Medicare allowed an average of $13.18 per service. That is 1.3 services per beneficiary, so this is a code patients typically receive more than once. The allowed amount is the figure that matters: it is what Medicare and the patient together owe, set by the fee schedule and adjusted for local practice costs. What a provider chose to submit has no bearing on it.

Who bills 93040

SpecialtyServicesBeneficiariesAvg allowedProviders
Cardiology21,56915,024$13.50112
Internal Medicine13,78011,805$13.27171
Neurology7,7907,137$13.5294
Clinical Cardiac Electrophysiology6,6204,859$13.0432
General Practice4,6172,596$13.2819
Family Practice4,1423,620$12.9890
Nurse Practitioner3,8702,777$10.9160
Anesthesiology912691$12.177
Interventional Radiology728722$14.181
Pain Management676496$12.4610
Physical Medicine and Rehabilitation651413$12.079
Emergency Medicine626539$13.4214
Endocrinology564529$12.688
Physician Assistant495457$11.629
Nephrology444334$14.857

93040 reimbursement by state

Two different numbers. Allowed is what Medicare actually allowed in that state, which includes the local practice-cost adjustment. Standardized strips that geographic adjustment out of the payment, so it is the column to use when comparing states — a difference there reflects how the code was billed, not what it costs to run a practice locally.

StateServicesAllowedStandardized pmtProviders
California19,164$13.58$9.64127
New York10,546$14.21$9.4876
Texas9,838$12.12$9.78131
New Jersey9,591$13.68$9.7665
Florida3,154$13.56$9.7232
Wisconsin1,660$11.93$9.3811
Arizona1,505$11.92$9.7520
Connecticut1,457$12.98$9.109
Nevada1,341$11.95$9.5829
Maryland1,322$13.75$9.5714
Virginia1,159$13.86$9.8119
Pennsylvania1,113$12.61$9.9112
Michigan974$13.32$9.4213
North Carolina727$11.57$9.6215
Alabama725$10.88$8.705
Oklahoma699$11.11$9.549
Illinois619$13.19$9.5112
Tennessee592$10.30$8.315
South Carolina546$11.60$9.5513
Ohio537$11.23$9.4010
Colorado530$12.85$9.655
Massachusetts402$13.04$9.256
Indiana377$11.63$9.856
Washington342$13.77$9.315
Missouri323$12.26$9.703
Utah288$12.16$10.124
Delaware182$12.69$8.713
XX168$14.13$10.071
Georgia165$12.36$8.894
West Virginia161$11.75$8.825
Hawaii143$13.59$10.201
District of Columbia112$13.82$8.341
Rhode Island102$14.63$10.143
Oregon77$11.76$9.841
New Mexico32$12.24$8.931
Louisiana31$10.65$9.722
Kentucky29$11.25$8.932
Arkansas14$15.55$10.171
Puerto Rico12$12.42$9.931

Related codes

Billing this code is not the same as earning it

An allowed amount is revenue to a practice, not income to a clinician. It funds staff, premises, equipment and supplies before anyone is paid. What clinicians actually earn is published separately by the Department of Labor, and what industry pays them is published separately again by CMS — this site carries both.

What doctors are paid →·Look up a clinician →·All procedure codes →

Where this comes from. CMS Medicare Physician & Other Practitioners, by Provider and Service, 2024. It covers fee-for-service Original Medicare Part B only — not Medicare Advantage, not Medicaid, and not commercial insurance, which typically pays more for the same code.

How it is averaged. CMS publishes one average per provider per code. Every figure here is re-weighted by the number of services, so a clinician who billed the code 4,000 times counts 4,000 times more than one who billed it twice. CMS also suppresses any provider-code pair with fewer than 11 beneficiaries, so low-volume practice is missing from these totals by design.