CPT code 37294: Arterial revascularization, complex first vessel2026 Medicare rate & RVUs in Maryland

Reports complex endovascular treatment of an initial tibial or peroneal artery vessel using atherectomy and stent placement during peripheral arterial revascularization.

CMS RVU26DEffective Oct 1, 20263 payment localities

Medicare pays $15,368.47–$17,821.65 for 37294 in the office in Maryland, from Rest of Maryland to Washington, DC area. Which amount applies depends on the service address.

$15,368.47–$17,821.65Office (non-facility)
$811.09–$876.39Hospital 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 Maryland
  2. What 37294 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 37294 covers

This code describes catheter-based treatment of a complex lesion in an initial tibial or peroneal artery vessel, combining atherectomy with stent placement. It is typically performed by an interventional radiologist, vascular surgeon, or interventional cardiologist in a hospital or other procedural setting. Angioplasty within the treated vessel is part of this revascularization service. The code is specific to the tibial/peroneal vascular territory; femoral or popliteal interventions belong to a different territory family.

Select the complex first-vessel code when the documented intervention meets the CPT criteria for complex treatment and includes both atherectomy and stenting. The operative report should identify the treated vessel, the intervention performed, and the basis for classifying the work as complex. The code has a 0-day global period, so same-day preoperative and postoperative care is included. When multiple procedures occur in one session, CMS pays the highest-valued procedure in full and other procedures at 50%. Bilateral reporting with modifier 50 is paid at 150%. Assistant-at-surgery payment requires documented medical necessity; co-surgeons and team surgery are 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 37294 pays more and less in Maryland

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

3 payment localities

$15368.47 to $17821.65

$15368.47$16595.06$17821.65
One dot per payment locality, office / nonfacility. Hover a dot to see the locality; select it to open that rate.
37294 office and facility rates by payment locality
Payment localityOfficeFacility
Baltimore area, MD$16,293.98$859.12
Rest of Maryland$15,368.47$811.09
Washington, DC area$17,821.65$876.39

How the 37294 rate is calculated

Each of 37294’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 · 37294

RVUs × geographic indexes × conversion factor

Office or facility?

Work18.00

18.00 RVUs× 1.000 GPCI

Practice expense433.39

433.39 RVUs× 1.000 GPCI

Malpractice3.65

3.65 RVUs× 1.000 GPCI

Adjusted RVUs

455.0400

Conversion factor

$33.4009

Medicare rate

$15,198.75

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

Payment rules and modifiers for 37294

The CMS indicators that decide how 37294 is paid alongside other services.

CMS payment indicators · 37294

Arterial revascularization, complex first vessel

RuleCMS valueWhat it means
Global period000Same-day global: pre- and post-op care on the day of the procedure is 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)0Not paid without supporting documentation.
Co-surgeons (62)0Not permitted.
Team surgery (66)0Not permitted.
Professional/technical0Physician service: no professional/technical split.

What modifiers do to the payment

Modifier 50 · payment effect

With and without the modifier

37294 without 50 · national office

$15,198.75

Arterial revascularization, complex first vessel

37294-50 · Bilateral: 150%

$22,798.13

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

37294 compared with similar codes

Compare codes · National

5 codes, side by side

Office or facility?

  • 37294

    Arterial revascularization, complex first vessel18 wRVU

    $15,198.75

  • 37292

    Arterial revascularization, simple, initial vessel15 wRVU

    $10,231.70−$4,967.05

  • 37295

    Tibial revascularization, complex additional vessel8.16 wRVU

    $6,001.81−$9,196.94

  • 37290

    Peripheral atherectomy, complex, initial vessel17 wRVU

    $10,646.20−$4,552.55

  • 37286

    Venous stenting, complex, initial vein13.46 wRVU

    $10,365.97−$4,832.78

How to choose

37292Arterial revascularizationSimple, initial vessel
Both codes combine stenting and atherectomy in an initial tibial/peroneal vessel; 37292 is for the simple category, while 37294 is for the complex category.
37295Tibial revascularizationComplex additional vessel
37294 reports the initial complex vessel. Use 37295 for an additional complex vessel rather than treating it as another initial-vessel service.
37290Peripheral atherectomyComplex, initial vessel
37290 describes complex atherectomy without the combined stent service. Use 37294 when both atherectomy and stenting are performed in the vessel.
37286Venous stentingComplex, initial vein
37286 describes complex stenting without the combined atherectomy service. Use 37294 when atherectomy and stenting are both performed.

37294 billing questions

How does 37294 differ from 37292?

Both describe tibial/peroneal treatment using stenting and atherectomy in an initial vessel. Use 37294 for a lesion meeting the CPT complex criteria and 37292 for the simple category.

Does 37294 include both atherectomy and stent placement?

Yes. It represents the combined treatment in the same complex tibial/peroneal vessel, including angioplasty within that vessel.

Which code reports another complex vessel?

Use 37295 for each additional complex tibial/peroneal vessel treated with stenting and atherectomy, subject to the applicable CPT instructions.

What documentation supports 37294?

Document the tibial or peroneal vessel treated, the atherectomy and stent work performed, and the facts supporting complex rather than simple classification.

How does CMS handle other procedures in the same session?

CMS pays the highest-valued procedure in full and other procedures at 50% under the standard multiple procedure reduction. Bilateral reporting with modifier 50 is paid at 150%.

Can an assistant surgeon be paid with 37294?

Assistant-at-surgery payment is available only when medical necessity is documented. Co-surgeons and team surgery are not permitted.

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 37294PPRRVU2026_Oct_nonQPP.csv, line 4,654 (RVU26D)

Open CMS sourceHow we calculate rates

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