CPT code 23465: Shoulder capsule repair, posterior instability2026 Medicare rate & RVUs in Missouri

Surgical tightening of the posterior shoulder capsule, with or without a bone-block technique, treats glenohumeral instability directed toward the back of the joint.

CMS RVU26DEffective Oct 1, 20263 payment localities24 Medicare services in 2024

CMS doesn’t publish an office rate for 23465 in Missouri.

—Office (non-facility)
$969.21–$1,006.67Hospital or facility

Medicare allowed amount for participating (non-QP) physicians, before deductible, coinsurance and claim adjustments. Not a patient’s bill or a hospital charge.

Your location

Medicare pays by the payment locality where the service is performed.

On this page 9 sections
  1. Rate in Missouri
  2. What 23465 covers
  3. By payment locality
  4. How it’s calculated
  5. Payment rules
  6. Similar codes
  7. Related codes
  8. Billing questions
  9. Sources

What 23465 covers

An orthopedic surgeon uses this procedure to tighten the posterior shoulder capsule when the humeral head is unstable toward the back of the glenohumeral joint. The repair may include a bone-block technique. It is generally performed in an operating room for patients with posterior instability; the operative report should make clear the direction of instability and the repair performed.

Report the code when the documented procedure is a posterior capsular repair, not an anterior or multidirectional repair. The operative note should support the capsule addressed and describe any bone-block work. CMS assigns a 90-day global period, including the day-before preoperative visit and 90 days of related postoperative care. When multiple procedures occur in the same session, the highest-valued is paid in full and other procedures are subject to the standard 50% reduction. For bilateral reporting with modifier 50, CMS pays 150%. Assistant-at-surgery payment may be made; co-surgeon payment requires supporting documentation, and team surgery is not permitted.

This summary was written with AI assistance from CMS physician fee schedule data and checked against the CMS billing rules shown here. Rates on this page come directly from CMS files.

Where 23465 pays more and less in Missouri

The same RVUs, adjusted for each area’s costs. Open a locality for its calculation, history and nearby areas.

23465 office and facility rates by payment locality
Payment localityOfficeFacility
Metropolitan Kansas City, MOUnavailable$998.90
Metropolitan St. Louis, MOUnavailable$1,006.67
Rest of MissouriUnavailable$969.21

How the 23465 rate is calculated

Each of 23465’s three RVUs is multiplied by a geographic index (GPCI) for the payment locality, added up, and multiplied by the conversion factor. Drag the indexes or enter a ZIP to see what moves the rate.

How the rate is built · 23465

RVUs × geographic indexes × conversion factor

Office or facility?

Work15.89

15.89 RVUs× 1.000 GPCI

Practice expense11.41

11.41 RVUs× 1.000 GPCI

Malpractice3.38

3.38 RVUs× 1.000 GPCI

Adjusted RVUs

30.6800

Conversion factor

$33.4009

Medicare rate

$1,024.74

Every GPCI starts at 1.000, the national rate. Enter a ZIP or drag a slider.

Payment rules and modifiers for 23465

23465 has a 90-day global period: related visits in that window are included in the surgery payment.

CMS payment indicators · 23465

Shoulder capsule repair, posterior instability

RuleCMS valueWhat it means
Global period090Major surgery: the day before, the day of, and 90 days after are included.
Multiple procedures2Standard reduction: highest-valued procedure at 100%, others at 50%.
Bilateral (modifier 50)1Bilateral with modifier 50 pays 150% of the fee schedule amount.
Assistant at surgery (80/81/82/AS)2Paid.
Co-surgeons (62)1Permitted with supporting documentation.
Team surgery (66)0Not permitted.
Professional/technical0Physician service: no professional/technical split.
Split (54/55/56)0.10/0.69/0.21Share of the payment for pre-op, the procedure itself, and post-op care.

Global surgery period · 23465

Shoulder capsule repair, posterior instability

90-day global period ends

Dec 30, 2026

Covers Sep 30, 2026 through Dec 30, 2026 (92 days, including the day before surgery).

Visit on Oct 31, 2026

Day 30 of the 90-day post-op period: related follow-up care is included in the surgical payment.

  • 24Unrelated E/M visit by the same physician
  • 79Unrelated procedure (starts its own global period)
  • 58Staged, more extensive, or therapy procedure that was planned
  • 78Unplanned return to the operating room for a related complication
SurgeryVisit
Sep 23, 2026Jan 10, 2027

Pre-op dayGlobal period

What modifiers do to the payment

Modifier 50 · payment effect

With and without the modifier

23465 without 50 · national facility

$1,024.74

Shoulder capsule repair, posterior instability

23465-50 · Bilateral: 150%

$1,537.11

Both sides on one line with modifier 50 are paid at 150% of the fee schedule amount (subject to multiple-procedure rules with other procedures).

When to use modifier 50

23465 compared with similar codes

Compare codes · National

5 codes, side by side

Office or facility?

  • 23465

    Shoulder capsule repair, posterior instability15.89 wRVU

    Not priced

  • 23466

    Shoulder stabilization, multidirectional instability15.41 wRVU

    Not priced

  • 23450

    Shoulder stabilization, anterior Putti-Platt repair13.36 wRVU

    Not priced

  • 23455

    Shoulder stabilization, anterior repair with labrum14.3 wRVU

    Not priced

  • 23460

    Shoulder stabilization, anterior capsular repair with bone block15.42 wRVU

    Not priced

How to choose

23466Shoulder stabilizationMultidirectional instability
Choose 23465 for a posterior capsular repair. Code 23466 is for multidirectional instability.
23450Shoulder stabilizationAnterior Putti-Platt repair
Code 23450 addresses anterior capsular repair; 23465 addresses posterior instability.
23455Shoulder stabilizationAnterior repair with labrum
Code 23455 is an anterior repair that includes labral repair. It is not the posterior repair represented by 23465.
23460Shoulder stabilizationAnterior capsular repair with bone block
Code 23460 describes an anterior repair with a bone-block technique; 23465 is selected for posterior capsular repair.

23465 billing questions

How does this differ from code 23466?

Use this code for a posterior capsular repair. Code 23466 describes repair for multidirectional shoulder instability.

Is this the code for an anterior Bankart-type repair?

No. This code is for posterior capsular repair; anterior repair with labral repair is represented by code 23455.

How is bilateral surgery reported?

Report bilateral surgery with modifier 50. CMS pays the bilateral procedure at 150%.

What postoperative care is included?

The 90-day global period includes the day-before preoperative visit and 90 days of related postoperative care.

Can an assistant surgeon or co-surgeon be paid?

Assistant-at-surgery payment may be made. Co-surgeons are paid only when supporting documentation is provided.

What happens when another procedure is performed in the same session?

The highest-valued procedure is paid in full, and other procedures are subject to the standard multiple-procedure reduction, with payment at 50%.

Where these rates come from

FeeBase calculates base physician payments from CMS work, practice-expense and malpractice RVUs, adjusted by each locality’s geographic indexes and the conversion factor. Services without a published rate are labeled, never given a made-up amount. Amounts are Medicare allowed amounts before claim adjustments: not a patient’s bill or a commercial rate.

CMS RVU26D · effective Oct 1, 2026 through the day before Jan 1, 2027

Show the CMS file lines behind this rate
RVUs for 23465PPRRVU2026_Oct_nonQPP.csv, line 2,208 (RVU26D)

Open CMS sourceHow we calculate rates

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