CPT code 94762: Overnight oximetry, continuous overnight monitoring2026 Medicare rate & RVUs

Medicare pays $24.05 for 94762 nationally in the office. Local office rates run $20.54–$34.38.

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

What 94762 covers

This service records oxygen saturation continuously overnight using an ear or pulse oximeter. It is commonly arranged for a patient with suspected nocturnal hypoxemia, including someone with chronic lung disease whose oxygen levels during sleep need assessment. Monitoring may be performed at home or in a clinical setting, depending on the equipment and care plan. The recording measures oxygen saturation; it is not a respiratory-event or airflow study.

Report 94762 for the overnight continuous recording, rather than for isolated readings or repeated spot checks. Documentation should identify the clinical reason for testing and include the monitoring record or report supporting that the service was performed overnight. CMS classifies this as a technical-component-only code: the code represents the technical service, and interpretation is covered by a separate code when performed and appropriately reported. Do not treat the technical service as including the interpretation.

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 94762 pays more and less

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

109 of 109 payment localities

94762 rates by state

Office rate range in each state. Select a state to see its payment localities.

How the 94762 rate is calculated

Each of 94762’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.

Payment rules and modifiers for 94762

The CMS indicators that decide how 94762 is paid alongside other services.

94762 compared with similar codes

How to choose

94760Pulse oximetrySingle determination

Use 94760 for one oxygen saturation determination. Use 94762 when saturation is recorded continuously overnight.

94761Pulse oximetryMultiple determinations

94761 covers multiple determinations, such as readings during exercise; 94762 is for continuous overnight monitoring.

94772Respiratory pattern24-hour recording

94772 records a circadian respiratory pattern. 94762 measures oxygen saturation overnight, not the respiratory pattern itself.

Codes related to 94762

Related codes aren’t interchangeable: bill the code that matches the service performed.

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

Open CMS sourceHow we calculate rates