How much does Medicare pay for CPT 98929?

Medicare allowed an average of $83.31 per service and paid $64.03 of that, the balance being the patient's coinsurance and deductible (2024 data). Providers submitted an average of $181.78, which is what they billed rather than what they received — Medicare pays its fee schedule regardless of the charge.

What is CPT code 98929?

Osteopathic manipulative treatment, 9-10 body regions. It was billed 86,867 times to 16,831 Medicare beneficiaries by 362 providers in 2024.

Does 98929 pay differently in an office than a hospital?

Yes. The allowed amount averaged $84.11 in an office setting and $69.51 in a facility. The office rate is generally higher because the practice supplies the room, staff and equipment out of that single payment; in a hospital those are billed separately by the facility.

Which specialty bills 98929 most?

Osteopathic Manipulative Medicine, with 34,991 services from 125 clinicians. Next are Family Practice, Physical Medicine and Rehabilitation, Internal Medicine.

CPT 98929

Osteopathic manipulative treatment, 9-10 body regions

$83.31Medicare-allowed amount per service, averaged across 86,867 services

Providers submitted

$181.78

Asking price, not received

Medicare allowed

$83.31

The fee schedule figure

Medicare paid

$64.03

Balance is patient coinsurance

Providers submitted an average of $181.78 for this code and Medicare allowed $83.31 — 2.2× 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 $64.03 (77%); the rest is the patient’s coinsurance and deductible.

Office pays differently to hospital

Office / non-facility: $84.11
Hospital / facility: $69.51

The office rate is higher because the practice supplies the room, staff and equipment out of that payment. In a hospital the facility bills those separately, so the clinician's share is smaller — the total cost to Medicare is usually higher, not lower. 82,102 services were billed in an office setting and 4,765 in a facility.

Services: 86,867
Beneficiaries: 16,831
Providers billing it: 362
Total allowed: $7,236,890

What Medicare pays for CPT 98929

Across 86,867 services billed by 362 providers to 16,831 beneficiaries, Medicare allowed an average of $83.31 per service. That is 5.2 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 98929

Specialty	Services	Beneficiaries	Avg allowed	Providers
Osteopathic Manipulative Medicine	34,991	6,258	$83.06	125
Family Practice	32,640	6,511	$83.86	153
Physical Medicine and Rehabilitation	5,729	1,220	$84.03	27
Internal Medicine	3,606	654	$83.05	20
General Practice	2,967	641	$84.27	9
Sports Medicine	2,663	665	$84.72	5
Pain Management	1,147	198	$84.30	3
Nurse Practitioner	852	167	$71.65	3
Interventional Pain Management	526	136	$85.66	2
Neurology	456	51	$77.76	3
Physician Assistant	404	42	$70.49	3
Undefined Physician type	353	60	$81.71	1
Emergency Medicine	203	85	$68.59	2
Plastic and Reconstructive Surgery	114	22	$94.21	1
Obstetrics & Gynecology	100	30	$81.44	1

98929 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.

State	Services	Allowed	Standardized pmt	Providers
California	19,488	$88.30	$63.52	56
Florida	18,918	$80.79	$62.99	40
New York	8,780	$89.55	$63.67	42
Massachusetts	4,911	$84.02	$62.41	15
Pennsylvania	4,479	$83.46	$61.96	10
Arizona	3,620	$79.79	$62.71	13
Michigan	3,617	$78.63	$61.51	25
Maine	3,267	$76.32	$59.95	23
Ohio	2,341	$70.96	$53.33	18
Hawaii	2,053	$85.09	$64.05	4
New Jersey	1,635	$87.74	$63.62	13
Oregon	1,582	$81.99	$64.02	10
Texas	1,447	$78.18	$60.88	9
Colorado	1,310	$80.93	$60.39	10
Maryland	1,028	$91.99	$64.67	1
Washington	862	$83.10	$63.05	8
Montana	810	$72.32	$53.90	5
Missouri	738	$78.71	$63.98	4
Iowa	682	$77.35	$60.68	5
Tennessee	673	$77.83	$64.01	3
Illinois	583	$85.74	$63.44	4
Nevada	503	$81.87	$63.16	2
New Hampshire	487	$79.51	$63.35	2
Virginia	456	$81.35	$62.55	4
Kentucky	397	$73.11	$55.88	6
South Carolina	282	$73.82	$65.00	1
Wisconsin	256	$80.68	$62.42	2
Oklahoma	215	$79.08	$63.91	7
Alabama	205	$72.33	$64.71	1
Kansas	199	$78.27	$63.71	1
Alaska	169	$108.03	$64.64	1
West Virginia	166	$79.16	$53.64	2
North Carolina	165	$70.70	$53.98	2
Vermont	122	$81.22	$62.14	1
Indiana	120	$76.31	$63.69	4
New Mexico	87	$79.26	$53.27	1
Rhode Island	76	$84.85	$62.40	2
Nebraska	44	$73.70	$43.41	1
Connecticut	35	$87.38	$62.22	1
North Dakota	30	$75.06	$58.44	2
Utah	29	$85.02	$63.69	1

Related codes

98941Chiropractic manipulative treatment$38.12
98940Chiropractic manipulative treatment$26.75
98942Chiropractic manipulative treatment$49.84
98977Device supply$48.07
98976Device supply$48.79
98980Remote therapeutic monitoring treatment management services by physici$49.72
98928Osteopathic manipulative treatment$70.48
98926Osteopathic manipulative treatment$43.00
98927Osteopathic manipulative treatment$57.47
98981Remote therapeutic monitoring treatment management services by physici$38.72
98975Set-up and patient education for remote monitoring of therapy$20.19
98925Osteopathic manipulative treatment$30.48

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.