CPT code 94761: Pulse oximetry, multiple determinations2026 Medicare rate & RVUs in New Mexico
Report multiple noninvasive oxygen-saturation readings, such as measurements at rest and during exercise, when they are obtained as a distinct service.
In New Mexico, Medicare pays $4.08 for 94761 in the office.
Check a contract rate as a % of Medicare · 94761 nationwide
Medicare allowed amount for participating (non-QP) physicians, before deductible, coinsurance and claim adjustments. Not a patient’s bill or a hospital charge.
On this page 11 sections
What 94761 covers
94761 represents multiple noninvasive oxygen-saturation readings obtained with an ear or finger pulse-oximeter sensor, rather than one isolated reading or continuous overnight monitoring. A common use is documenting saturation at rest and during exertion when evaluating exertional desaturation. The service is typically performed in a physician office or outpatient setting by clinical staff under a clinician’s direction, with the readings informing cardiopulmonary assessment.
Report the multiple-determination service as a whole, not one unit for each displayed reading. Documentation should identify the readings and circumstances, such as rest versus exercise, and note oxygen being delivered when relevant. CMS classifies 94761 as technical-component-only; interpretation is covered under a separate code. CMS also places it in an injection or minor-service payment category that is paid only when no other physician service is billed for the same date, so same-day physician-service billing affects payment.
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.
How New Mexico compares for 94761
Across 109 of 109 payment localities, the office rate for 94761 runs from $3.61 in Arkansas to $5.96 in San Benito County, CA. New Mexico pays $4.08. The RVUs are the same everywhere; the geographic indexes change the dollars.
- New Mexico · this page$4.08
- Los Angeles, CA · California$4.96+$0.88
- Washington, DC area · District of Columbia$5.09+$1.01
- Miami, FL · Florida$5.02+$0.94
- Chicago, IL · Illinois$4.79+$0.71
- Manhattan, NY · New York$5.19+$1.11
- Alaska · Alaska$4.45+$0.37
Other areas in New Mexico first, then benchmark localities. Bars start at $0.
Every other payment area
| Payment locality | Office | Facility |
|---|---|---|
| AlabamaAlabama | $3.70 | — |
| ArkansasArkansas | $3.61 | — |
| ArizonaArizona | $4.17 | — |
| Bakersfield, CACalifornia | $4.60 | — |
| Chico, CACalifornia | $4.57 | — |
| El Centro, CACalifornia | $4.57 | — |
| Fresno, CACalifornia | $4.57 | — |
| Hanford, CACalifornia | $4.57 | — |
| Madera, CACalifornia | $4.57 | — |
| Merced, CACalifornia | $4.57 | — |
| Modesto, CACalifornia | $4.57 | — |
| Napa, CACalifornia | $5.45 | — |
| Oxnard, CACalifornia | $4.95 | — |
| Redding, CACalifornia | $4.57 | — |
| Rest of CaliforniaCalifornia | $4.57 | — |
| Riverside, CACalifornia | $4.68 | — |
| Sacramento, CACalifornia | $4.84 | — |
| Salinas, CACalifornia | $4.82 | — |
| San Diego, CACalifornia | $4.97 | — |
| Marin County, CACalifornia | $5.80 | — |
| San Francisco, CACalifornia | $5.79 | — |
| San Benito County, CACalifornia | $5.96 | — |
| Santa Clara County, CACalifornia | $5.91 | — |
| San Luis Obispo, CACalifornia | $4.74 | — |
| Santa Cruz, CACalifornia | $5.05 | — |
| Santa Maria, CACalifornia | $4.85 | — |
| Santa Rosa, CACalifornia | $5.10 | — |
| Stockton, CACalifornia | $4.57 | — |
| Vallejo, CACalifornia | $5.44 | — |
| Visalia, CACalifornia | $4.57 | — |
| Yuba City, CACalifornia | $4.57 | — |
| ColoradoColorado | $4.53 | — |
| ConnecticutConnecticut | $4.72 | — |
| DelawareDelaware | $4.26 | — |
| Fort Lauderdale, FLFlorida | $4.66 | — |
| Rest of FloridaFlorida | $4.33 | — |
| Atlanta, GAGeorgia | $4.47 | — |
| Rest of GeorgiaGeorgia | $3.97 | — |
| Hawaii, Guam, HIHawaii | $4.75 | — |
| IowaIowa | $3.80 | — |
| IdahoIdaho | $3.85 | — |
| East St. Louis, ILIllinois | $4.36 | — |
| Rest of IllinoisIllinois | $4.18 | — |
| Suburban Chicago, ILIllinois | $4.71 | — |
| IndianaIndiana | $3.88 | — |
| KansasKansas | $3.79 | — |
| KentuckyKentucky | $3.87 | — |
| New Orleans, LALouisiana | $4.15 | — |
| Rest of LouisianaLouisiana | $3.87 | — |
| Metropolitan Boston, MAMassachusetts | $5.08 | — |
| Rest of MassachusettsMassachusetts | $4.49 | — |
| Baltimore area, MDMaryland | $4.71 | — |
| Rest of MarylandMaryland | $4.36 | — |
| Rest of MaineMaine | $3.90 | — |
| Southern Maine, MEMaine | $4.18 | — |
| Detroit, MIMichigan | $4.43 | — |
| Rest of MichiganMichigan | $4.04 | — |
| MinnesotaMinnesota | $4.22 | — |
| Metropolitan Kansas City, MOMissouri | $4.09 | — |
| Metropolitan St. Louis, MOMissouri | $4.15 | — |
| Rest of MissouriMissouri | $3.78 | — |
| MississippiMississippi | $3.70 | — |
| MontanaMontana | $4.34 | — |
| North CarolinaNorth Carolina | $3.95 | — |
| North DakotaNorth Dakota | $4.14 | — |
| NebraskaNebraska | $3.83 | — |
| New HampshireNew Hampshire | $4.46 | — |
| Northern New JerseyNew Jersey | $5.01 | — |
| Rest of New JerseyNew Jersey | $4.74 | — |
| NevadaNevada | $4.29 | — |
| NYC suburbs and Long Island, NYNew York | $5.39 | — |
| Poughkeepsie and northern NYC suburbs, NYNew York | $4.79 | — |
| Queens, NYNew York | $5.22 | — |
| Rest of New YorkNew York | $4.04 | — |
| OhioOhio | $4.00 | — |
| OklahomaOklahoma | $3.84 | — |
| Portland, OROregon | $4.70 | — |
| Rest of OregonOregon | $4.23 | — |
| Metropolitan Philadelphia, PAPennsylvania | $4.57 | — |
| Rest of PennsylvaniaPennsylvania | $4.00 | — |
| Puerto RicoPuerto Rico | $4.38 | — |
| Rhode IslandRhode Island | $4.44 | — |
| South CarolinaSouth Carolina | $3.99 | — |
| South DakotaSouth Dakota | $4.12 | — |
| TennesseeTennessee | $3.82 | — |
| Austin, TXTexas | $4.54 | — |
| Beaumont, TXTexas | $3.96 | — |
| Brazoria, TXTexas | $4.23 | — |
| Dallas, TXTexas | $4.28 | — |
| Fort Worth, TXTexas | $4.24 | — |
| Galveston, TXTexas | $4.26 | — |
| Houston, TXTexas | $4.44 | — |
| Rest of TexasTexas | $4.11 | — |
| UtahUtah | $4.07 | — |
| VirginiaVirginia | $4.18 | — |
| Virgin Islands, VIUnited States Virgin Islands | $4.38 | — |
| VermontVermont | $4.14 | — |
| Rest of WashingtonWashington | $4.47 | — |
| King County, WAWashington | $5.19 | — |
| WisconsinWisconsin | $3.94 | — |
| West VirginiaWest Virginia | $3.96 | — |
| WyomingWyoming | $4.26 | — |
94761 rates by state
Office rate range in each state. Select a state to see its payment localities.
Explore a state
Local rates. Clear comparisons.
Hover or focus a tile to see its rate range. Select it to open the state’s fee schedule.
$3.61
$5.27
Color shows the midpoint of each state’s locality range.
View every state and territory as a table
| State / territory | Office rate range | Localities |
|---|---|---|
| AK | $4.45 | 1 |
| AL | $3.70 | 1 |
| AR | $3.61 | 1 |
| AZ | $4.17 | 1 |
| CA | $4.57–$5.96 | 29 |
| CO | $4.53 | 1 |
| CT | $4.72 | 1 |
| DC | $5.09 | 1 |
| DE | $4.26 | 1 |
| FL | $4.33–$5.02 | 3 |
| GA | $3.97–$4.47 | 2 |
| GU | $4.75 | 1 |
| HI | $4.75 | 1 |
| IA | $3.80 | 1 |
| ID | $3.85 | 1 |
| IL | $4.18–$4.79 | 4 |
| IN | $3.88 | 1 |
| KS | $3.79 | 1 |
| KY | $3.87 | 1 |
| LA | $3.87–$4.15 | 2 |
| MA | $4.49–$5.08 | 2 |
| MD | $4.36–$5.09 | 3 |
| ME | $3.90–$4.18 | 2 |
| MI | $4.04–$4.43 | 2 |
| MN | $4.22 | 1 |
| MO | $3.78–$4.15 | 3 |
| MS | $3.70 | 1 |
| MT | $4.34 | 1 |
| NC | $3.95 | 1 |
| ND | $4.14 | 1 |
| NE | $3.83 | 1 |
| NH | $4.46 | 1 |
| NJ | $4.74–$5.01 | 2 |
| NM | $4.08 | 1 |
| NV | $4.29 | 1 |
| NY | $4.04–$5.39 | 5 |
| OH | $4.00 | 1 |
| OK | $3.84 | 1 |
| OR | $4.23–$4.70 | 2 |
| PA | $4.00–$4.57 | 2 |
| PR | $4.38 | 1 |
| RI | $4.44 | 1 |
| SC | $3.99 | 1 |
| SD | $4.12 | 1 |
| TN | $3.82 | 1 |
| TX | $3.96–$4.54 | 8 |
| UT | $4.07 | 1 |
| VA | $4.18–$5.09 | 2 |
| VI | $4.38 | 1 |
| VT | $4.14 | 1 |
| WA | $4.47–$5.19 | 2 |
| WI | $3.94 | 1 |
| WV | $3.96 | 1 |
| WY | $4.26 | 1 |
How the 94761 rate is calculated
Each of 94761’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 · 94761
RVUs × geographic indexes × conversion factor
Work0.00
0.00 RVUs× 1.000 GPCI
Practice expense0.12
0.12 RVUs× 1.000 GPCI
Malpractice0.01
0.01 RVUs× 1.000 GPCI
Adjusted RVUs
0.1300
Conversion factor
$33.4009
Medicare rate
$4.34
Every GPCI starts at 1.000, the national rate. Enter a ZIP or drag a slider.
The exact New Mexico inputs and CMS source lines
PPRRVU2026_Oct_nonQPP.csv
12,443
- Code
- 94761
- Physician work
- 0.00
- Practice expense
- 0.12
- Malpractice
- 0.01
GPCI2026.csv
77
- Locality
- New Mexico
- Physician work
- 1.000
- Practice expense
- 0.917
- Malpractice
- 1.201
| Component | RVU | Locality factor | Adjusted |
|---|---|---|---|
| Physician work | 0.00 | × 1.000 | 0.0000 |
| Practice expense | 0.12 | × 0.917 | 0.1100 |
| Malpractice | 0.01 | × 1.201 | 0.0120 |
| Total RVUs | 0.1221 | ||
| Conversion factor | × 33.4009 | ||
Office rate, New Mexico$4.08
Office: (0 × 1 + 0.12 × 0.917 + 0.01 × 1.201) × $33.4009 = $4.08
Payment rules and modifiers for 94761
The CMS indicators that decide how 94761 is paid alongside other services.
CMS payment indicators · 94761
Pulse oximetry, multiple determinations
| Rule | CMS value | What it means |
|---|---|---|
| Global period | XXX | The global surgery concept doesn’t apply. |
| Multiple procedures | 0 | No multiple-procedure reduction. |
| Bilateral (modifier 50) | 0 | The 150% bilateral adjustment doesn’t apply. |
| Assistant at surgery (80/81/82/AS) | 0 | Not paid without supporting documentation. |
| Co-surgeons (62) | 0 | Not permitted. |
| Team surgery (66) | 0 | Not permitted. |
| Professional/technical | 3 | Technical component only. |
How 94761 has changed in New Mexico
94761 · Office / nonfacility
$4.08
Effective 2026-10-01
The base rate is $0.47 higher than on 2025-10-01, moving from $3.61 to $4.08 (13.0%).
It is unchanged from the immediately preceding available release, effective 2026-07-01.
One bar per available release, ordered by effective date. Missing rates remain gaps. These comparisons hold the code, setting and locality identifiers constant; they do not isolate which policy or input caused a change.
What changed, release by release
January 1, 2026
RVU26A
$3.61changed to$4.08
- Conversion factor 32.3465 changed to 33.4009
- Practice expense RVU 0.11 changed to 0.12
- Practice expense GPCI 0.908 changed to 0.917
- Malpractice GPCI 1.172 changed to 1.201
Held through RVU26B, RVU26C, RVU26D.
January 1, 2025
RVU25A
$3.71changed to$3.61
- Conversion factor 33.2875 changed to 32.3465
Held through RVU25B, RVU25C, RVU25D.
March 9, 2024
RVU24AR
$3.65changed to$3.71
- Conversion factor 32.7442 changed to 33.2875
Held through RVU24B, RVU24C, RVU24D.
January 1, 2024
RVU24A
$3.45changed to$3.65
- Conversion factor 33.8872 changed to 32.7442
- Practice expense RVU 0.10 changed to 0.11
- Practice expense GPCI 0.902 changed to 0.908
- Malpractice GPCI 1.169 changed to 1.172
January 1, 2023
RVU23A
$3.19changed to$3.45
- Conversion factor 34.6062 changed to 33.8872
- Practice expense RVU 0.09 changed to 0.10
- Practice expense GPCI 0.896 changed to 0.902
- Malpractice GPCI 1.166 changed to 1.169
Held through RVU23B, RVU23C, RVU23D.
January 1, 2022
RVU22A
$3.53changed to$3.19
- Conversion factor 34.8931 changed to 34.6062
- Practice expense RVU 0.10 changed to 0.09
Held through RVU22B, RVU22C, RVU22D.
January 1, 2021
RVU21A
$3.71changed to$3.53
- Conversion factor 36.0896 changed to 34.8931
- Practice expense GPCI 0.908 changed to 0.896
- Malpractice GPCI 1.207 changed to 1.166
Held through RVU21B, RVU21C, RVU21D.
January 1, 2020
RVU20A
$4.10changed to$3.71
- Conversion factor 36.0391 changed to 36.0896
- Practice expense RVU 0.11 changed to 0.10
- Practice expense GPCI 0.921 changed to 0.908
- Malpractice GPCI 1.247 changed to 1.207
Held through RVU20B, RVU20C, RVU20D.
January 1, 2019
RVU19A
$4.43changed to$4.10
- Conversion factor 35.9996 changed to 36.0391
- Practice expense RVU 0.12 changed to 0.11
Held through RVU19B, RVU19C, RVU19D.
January 1, 2018
RVU18AR1
$4.39changed to$4.43
- Conversion factor 35.8887 changed to 35.9996
- Practice expense GPCI 0.920 changed to 0.921
- Malpractice GPCI 1.204 changed to 1.247
Held through RVU18B, RVU18C, RVU18D.
January 1, 2017
RVU17A
$4.69changed to$4.39
- Conversion factor 35.8043 changed to 35.8887
- Practice expense RVU 0.13 changed to 0.12
- Practice expense GPCI 0.919 changed to 0.920
- Malpractice GPCI 1.161 changed to 1.204
Held through RVU17B, RVU17C, RVU17D.
January 1, 2016
RVU16A
$4.71changed to$4.69
- Conversion factor 35.9335 changed to 35.8043
Held through RVU16B, RVU16C, RVU16D.
July 1, 2015
RVU15C
$4.69changed to$4.71
- Conversion factor 35.7547 changed to 35.9335
Held through RVU15D.
January 1, 2015
RVU15A
$4.66changed to$4.69
- Conversion factor 35.8228 changed to 35.7547
- Practice expense GPCI 0.918 changed to 0.919
- Malpractice GPCI 1.079 changed to 1.161
Held through RVU15B.
January 1, 2014
RVU14A
$4.70changed to$4.66
- Conversion factor 34.0230 changed to 35.8228
- Practice expense RVU 0.14 changed to 0.13
- Practice expense GPCI 0.916 changed to 0.918
- Malpractice GPCI 0.997 changed to 1.079
Held through RVU14B, RVU14C, RVU14D.
January 1, 2013
RVU13AR
Earliest loaded release: $4.70
Held through RVU13B, RVU13C, RVU13D.
| Effective from | Office | Facility | CMS release |
|---|---|---|---|
| 2026-10-01 | $4.08 | Not available in this setting | RVU26D |
| 2026-07-01 | $4.08 | Not available in this setting | RVU26C |
| 2026-04-01 | $4.08 | Not available in this setting | RVU26B |
| 2026-01-01 | $4.08 | Not available in this setting | RVU26A |
| 2025-10-01 | $3.61 | Not available in this setting | RVU25D |
| 2025-07-01 | $3.61 | Not available in this setting | RVU25C |
| 2025-04-01 | $3.61 | Not available in this setting | RVU25B |
| 2025-01-01 | $3.61 | Not available in this setting | RVU25A |
| 2024-10-01 | $3.71 | Not available in this setting | RVU24D |
| 2024-07-01 | $3.71 | Not available in this setting | RVU24C |
| 2024-04-01 | $3.71 | Not available in this setting | RVU24B |
| 2024-03-09 | $3.71 | Not available in this setting | RVU24AR |
| 2024-01-01 | $3.65 | Not available in this setting | RVU24A |
| 2023-10-01 | $3.45 | Not available in this setting | RVU23D |
| 2023-07-01 | $3.45 | Not available in this setting | RVU23C |
| 2023-04-01 | $3.45 | Not available in this setting | RVU23B |
| 2023-01-01 | $3.45 | Not available in this setting | RVU23A |
| 2022-10-01 | $3.19 | Not available in this setting | RVU22D |
| 2022-07-01 | $3.19 | Not available in this setting | RVU22C |
| 2022-04-01 | $3.19 | Not available in this setting | RVU22B |
| 2022-01-01 | $3.19 | Not available in this setting | RVU22A |
| 2021-10-01 | $3.53 | Not available in this setting | RVU21D |
| 2021-07-01 | $3.53 | Not available in this setting | RVU21C |
| 2021-04-01 | $3.53 | Not available in this setting | RVU21B |
| 2021-01-01 | $3.53 | Not available in this setting | RVU21A |
| 2020-10-01 | $3.71 | Not available in this setting | RVU20D |
| 2020-07-01 | $3.71 | Not available in this setting | RVU20C |
| 2020-04-01 | $3.71 | Not available in this setting | RVU20B |
| 2020-01-01 | $3.71 | Not available in this setting | RVU20A |
| 2019-10-01 | $4.10 | Not available in this setting | RVU19D |
| 2019-07-01 | $4.10 | Not available in this setting | RVU19C |
| 2019-04-01 | $4.10 | Not available in this setting | RVU19B |
| 2019-01-01 | $4.10 | Not available in this setting | RVU19A |
| 2018-10-01 | $4.43 | Not available in this setting | RVU18D |
| 2018-07-01 | $4.43 | Not available in this setting | RVU18C |
| 2018-04-01 | $4.43 | Not available in this setting | RVU18B |
| 2018-01-01 | $4.43 | Not available in this setting | RVU18AR1 |
| 2017-10-01 | $4.39 | Not available in this setting | RVU17D |
| 2017-07-01 | $4.39 | Not available in this setting | RVU17C |
| 2017-04-01 | $4.39 | Not available in this setting | RVU17B |
| 2017-01-01 | $4.39 | Not available in this setting | RVU17A |
| 2016-10-01 | $4.69 | Not available in this setting | RVU16D |
| 2016-07-01 | $4.69 | Not available in this setting | RVU16C |
| 2016-04-01 | $4.69 | Not available in this setting | RVU16B |
| 2016-01-01 | $4.69 | Not available in this setting | RVU16A |
| 2015-10-01 | $4.71 | Not available in this setting | RVU15D |
| 2015-07-01 | $4.71 | Not available in this setting | RVU15C |
| 2015-04-01 | $4.69 | Not available in this setting | RVU15B |
| 2015-01-01 | $4.69 | Not available in this setting | RVU15A |
| 2014-10-01 | $4.66 | Not available in this setting | RVU14D |
| 2014-07-01 | $4.66 | Not available in this setting | RVU14C |
| 2014-04-01 | $4.66 | Not available in this setting | RVU14B |
| 2014-01-01 | $4.66 | Not available in this setting | RVU14A |
| 2013-10-01 | $4.70 | Not available in this setting | RVU13D |
| 2013-07-01 | $4.70 | Not available in this setting | RVU13C |
| 2013-04-01 | $4.70 | Not available in this setting | RVU13B |
| 2013-01-01 | $4.70 | Not available in this setting | RVU13AR |
Where the New Mexico rate applies
New Mexico is a Medicare payment area, not a city. Our Census mapping connects it to 528 cities and communities in New Mexico. Some span more than one payment area; confirm with the service ZIP.
- Abeytas
- Abiquiu
- Acomita Lake
- Adelino
- Agua Fria
- Alamillo
- Alamo
- Alamogordo
94761 billing questions
When should 94761 be selected instead of 94760?
Use 94761 for multiple oxygen-saturation determinations, such as readings at rest and during exertion. Use 94760 for a single determination.
How does 94761 differ from continuous overnight oximetry?
94761 describes multiple determinations, often obtained under different conditions during an encounter. Continuous overnight monitoring is represented by 94762.
Can each oximeter reading be billed as a separate unit?
No. Report the multiple-determination service as a whole; do not count each displayed reading as a separate unit.
Does 94761 include the interpretation?
No. CMS classifies 94761 as technical-component-only, with interpretation covered under a separate code.
What same-day payment restriction applies?
CMS places 94761 in an injection or minor-service category paid only when no other physician service is billed for the same date.
What documentation supports 94761?
Record the saturation determinations and the circumstances in which they were obtained, such as at rest and during exercise. Include oxygen delivery details when relevant.
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
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