CPT code 99468: Neonatal critical care, initial day2026 Medicare rate & RVUs in Virginia

Report 99468 for the initial inpatient critical-care day managing a critically ill neonate who is 30 days of age or younger.

CMS RVU26DEffective Oct 1, 2026One payment locality

In Virginia, Medicare pays $765.27 for 99468 in a facility. There’s no office rate.

Not available in this settingOffice (non-facility)
$765.27Hospital or facility

Check a contract rate as a % of Medicare · 99468 nationwide

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

We’ll open 99468 for the payment locality that covers the ZIP.

On this page 11 sections
  1. Rate in Virginia
  2. What 99468 covers
  3. Compared with other areas
  4. Rate map
  5. How it’s calculated
  6. Payment rules
  7. Related codes
  8. Rate history
  9. Where it applies
  10. Billing questions
  11. Sources

What 99468 covers

99468 represents the initial day of inpatient critical-care management for a critically ill neonate aged 30 days or younger. Typical patients are in a NICU with acute respiratory failure, sepsis with cardiovascular instability, or another condition involving acute vital-organ impairment and a high risk of life-threatening deterioration. Neonatologists and pediatric intensivists commonly provide this service. Routine newborn nursery care or attendance at delivery alone is not neonatal critical care.

Report 99468 for the initial day of neonatal critical care and use 99469 for qualifying critical care on later days. Documentation should establish the neonate’s age, critical illness and risk of deterioration, the assessment and active management provided, and the date critical care began. The code is reported per day, not by the hour. A NICU location or intensive observation alone does not establish that the patient’s condition required critical care; when care is intensive but does not meet critical-care circumstances, consider 99477.

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 Virginia compares for 99468

Across 109 of 109 payment localities, the facility rate for 99468 runs from $742.64 in Arkansas to $1,077.82 in Alaska. Virginia pays $765.27. The RVUs are the same everywhere; the geographic indexes change the dollars.

99468 in Virginia vs other payment areas
  1. Virginia · this page$765.27
  2. Los Angeles, CA · California$813.74+$48.47
  3. Washington, DC area · District of Columbia$838.23+$72.96
  4. Miami, FL · Florida$841.88+$76.61
  5. Chicago, IL · Illinois$832.82+$67.55
  6. Manhattan, NY · New York$860.42+$95.15
  7. Alaska · Alaska$1,077.82+$312.55

Other areas in Virginia first, then benchmark localities. Bars start at $0.

Every other payment area

99468 in every other Medicare payment locality
Payment localityOfficeFacility
AlabamaAlabama—$746.56
ArkansasArkansas—$742.64
ArizonaArizona—$769.25
Bakersfield, CACalifornia—$787.30
Chico, CACalifornia—$783.29
El Centro, CACalifornia—$783.48
Fresno, CACalifornia—$783.29
Hanford, CACalifornia—$783.29

99468 rates by state

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

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Local rates. Clear comparisons.

Hover or focus a tile to see its rate range. Select it to open the state’s fee schedule.

View every state and territory as a table
99468 office rate range by state
State / territoryOffice rate rangeLocalities
AKNo published base rate1
ALNo published base rate1
ARNo published base rate1
AZNo published base rate1
CANo published base rate29
CONo published base rate1
CTNo published base rate1
DCNo published base rate1
DENo published base rate1
FLNo published base rate3
GANo published base rate2
GUNo published base rate1
HINo published base rate1
IANo published base rate1
IDNo published base rate1
ILNo published base rate4
INNo published base rate1
KSNo published base rate1
KYNo published base rate1
LANo published base rate2
MANo published base rate2
MDNo published base rate3
MENo published base rate2
MINo published base rate2
MNNo published base rate1
MONo published base rate3
MSNo published base rate1
MTNo published base rate1
NCNo published base rate1
NDNo published base rate1
NENo published base rate1
NHNo published base rate1
NJNo published base rate2
NMNo published base rate1
NVNo published base rate1
NYNo published base rate5
OHNo published base rate1
OKNo published base rate1
ORNo published base rate2
PANo published base rate2
PRNo published base rate1
RINo published base rate1
SCNo published base rate1
SDNo published base rate1
TNNo published base rate1
TXNo published base rate8
UTNo published base rate1
VANo published base rate2
VINo published base rate1
VTNo published base rate1
WANo published base rate2
WINo published base rate1
WVNo published base rate1
WYNo published base rate1

See 99468 in every payment locality

How the 99468 rate is calculated

Each of 99468’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 · 99468

RVUs × geographic indexes × conversion factor

Office or facility?

Work18.46

18.46 RVUs× 1.000 GPCI

Practice expense3.71

3.71 RVUs× 1.000 GPCI

Malpractice1.14

1.14 RVUs× 1.000 GPCI

Adjusted RVUs

23.3100

Conversion factor

$33.4009

Medicare rate

$778.57

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

The exact Virginia inputs and CMS source lines

PPRRVU2026_Oct_nonQPP.csv

13,135

Code
99468
Physician work
18.46
Practice expense
3.71
Malpractice
1.14

GPCI2026.csv

106

Locality
Virginia
Physician work
1.000
Practice expense
0.983
Malpractice
0.706
Facility calculation for 99468 in Virginia
ComponentRVULocality factorAdjusted
Physician work18.46× 1.00018.4600
Practice expense3.71× 0.9833.6469
Malpractice1.14× 0.7060.8048
Total RVUs22.9118
Conversion factor× 33.4009

Facility rate, Virginia$765.27

Facility: (18.46 × 1 + 3.71 × 0.983 + 1.14 × 0.706) × $33.4009 = $765.27

Open 99468 in the RVU calculator

Payment rules and modifiers for 99468

99468 has no global surgery period, no multiple-procedure, bilateral or assistant-at-surgery adjustment, and no professional/technical split. What changes the payment is where the service happens: the place of service on the claim decides whether Medicare pays the office or the facility rate.

Place of service · 99468

Which rate does Medicare pay?

The POS code on the claim line (CMS-1500 box 24B).

POS 11 · non-facility rate · national

—

99468 isn’t priced in this setting.

How 99468 has changed in Virginia

99468 · Office / nonfacility

Rate unavailable

Effective 2026-10-01

A rate is unavailable in one of these releases, so a change cannot be calculated.

Base rate by release · bars start at $0 · select a bar to compare

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
Rates in every CMS release
Effective fromOfficeFacilityCMS release
2026-10-01Not available in this setting$765.27RVU26D
2026-07-01Not available in this setting$765.27RVU26C
2026-04-01Not available in this setting$765.27RVU26B
2026-01-01Not available in this setting$765.27RVU26A
2025-10-01Not available in this setting$840.74RVU25D
2025-07-01Not available in this setting$840.74RVU25C
2025-04-01Not available in this setting$840.74RVU25B
2025-01-01Not available in this setting$840.74RVU25A
2024-10-01Not available in this setting$868.81RVU24D
2024-07-01Not available in this setting$868.81RVU24C
2024-04-01Not available in this setting$868.81RVU24B
2024-03-09Not available in this setting$868.81RVU24AR
2024-01-01Not available in this setting$854.63RVU24A
2023-10-01Not available in this setting$885.38RVU23D
2023-07-01Not available in this setting$885.38RVU23C
2023-04-01Not available in this setting$885.38RVU23B
2023-01-01Not available in this setting$885.38RVU23A
2022-10-01Not available in this setting$911.47RVU22D
2022-07-01Not available in this setting$911.47RVU22C
2022-04-01Not available in this setting$911.47RVU22B
2022-01-01Not available in this setting$911.47RVU22A
2021-10-01Not available in this setting$909.47RVU21D
2021-07-01Not available in this setting$909.47RVU21C
2021-04-01Not available in this setting$909.47RVU21B
2021-01-01Not available in this setting$909.47RVU21A
2020-10-01Not available in this setting$931.42RVU20D
2020-07-01Not available in this setting$931.42RVU20C
2020-04-01Not available in this setting$931.42RVU20B
2020-01-01Not available in this setting$931.42RVU20A
2019-10-01Not available in this setting$929.90RVU19D
2019-07-01Not available in this setting$929.90RVU19C
2019-04-01Not available in this setting$929.90RVU19B
2019-01-01Not available in this setting$929.90RVU19A
2018-10-01Not available in this setting$930.32RVU18D
2018-07-01Not available in this setting$930.32RVU18C
2018-04-01Not available in this setting$930.32RVU18B
2018-01-01Not available in this setting$930.32RVU18AR1
2017-10-01Not available in this setting$995.42RVU17D
2017-07-01Not available in this setting$995.42RVU17C
2017-04-01Not available in this setting$995.42RVU17B
2017-01-01Not available in this setting$995.42RVU17A
2016-10-01Not available in this setting$941.59RVU16D
2016-07-01Not available in this setting$941.59RVU16C
2016-04-01Not available in this setting$941.59RVU16B
2016-01-01Not available in this setting$941.59RVU16A
2015-10-01Not available in this setting$918.73RVU15D
2015-07-01Not available in this setting$918.73RVU15C
2015-04-01Not available in this setting$914.16RVU15B
2015-01-01Not available in this setting$914.16RVU15A
2014-10-01Not available in this setting$921.12RVU14D
2014-07-01Not available in this setting$921.12RVU14C
2014-04-01Not available in this setting$921.12RVU14B
2014-01-01Not available in this setting$921.12RVU14A
2013-10-01Not available in this setting$914.51RVU13D
2013-07-01Not available in this setting$914.51RVU13C
2013-04-01Not available in this setting$914.51RVU13B
2013-01-01Not available in this setting$914.51RVU13AR

Price 99468 for an earlier date of service

Where the Virginia rate applies

Virginia is a Medicare payment area, not a city. Our Census mapping connects it to 628 cities and communities in Virginia. Some span more than one payment area; confirm with the service ZIP.

  • Abbs Valley
  • Abingdon
  • Accomac
  • Adwolf
  • Afton
  • Alberta
  • Aldie
  • Allison Gap

Browse all communities in Virginia

99468 billing questions

When should 99468 be used instead of 99469?

Use 99468 for the initial day of neonatal critical-care management. Use 99469 for qualifying neonatal critical care on subsequent days.

Does a NICU admission by itself support 99468?

No. The documentation should support a critically ill neonate with acute vital-organ impairment and a high risk of life-threatening deterioration, along with active critical-care management.

Is 99468 reported by hours or by days?

It is a per-day service. Do not convert the time spent managing the neonate into hourly units.

What should the note document for 99468?

Document the neonate’s age, critical condition and risk of deterioration, the evaluation and active management, and that this was the initial day of neonatal critical care.

How does 99468 differ from 99477?

99468 is for a critically ill neonate requiring critical-care management. Consider 99477 for intensive newborn care when the clinical circumstances do not meet critical-care criteria.

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 99468PPRRVU2026_Oct_nonQPP.csv, line 13,135 (RVU26D)
Geographic factors for VirginiaGPCI2026.csv, line 106 (RVU26D)

Open CMS sourceHow we calculate rates

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