2025 Medicare physician fee schedule releases

The service date decides which fee schedule applies. See what changed in the latest release, how one code moved over time in your payment locality, and the CMS file behind every period.

Latest: CMS RVU25D4 releases in 2025Chicago

On this page 4 sections
  1. What changed
  2. One code over time
  3. Release files and dates
  4. Reading a rate change

What changed in the latest release?

RVU25D (effective 2025-10-01) compared with RVU25C (2025-07-01) in Chicago: office/nonfacility base rates for common codes by specialty, non-QP basis where applicable.

0codes paid more
0codes paid less
19unchanged to the cent

Compare releases

Change the baseline or setting

Primary care↑ 0 higher · ↓ 0 lower · — 9 unchanged
Primary care: office/nonfacility rate changes
CodeRVU25CRVU25DChange
99202$73.25$73.25Unchanged
99203$115.84$115.84Unchanged
99204$173.49$173.49Unchanged
99205$229.84$229.84Unchanged
99211$23.39$23.39Unchanged
99212$57.50$57.50Unchanged
99213$93.54$93.54Unchanged
99214$131.89$131.89Unchanged
99215$184.99$184.99Unchanged
Behavioral health↑ 0 higher · ↓ 0 lower · — 5 unchanged
Behavioral health: office/nonfacility rate changes
CodeRVU25CRVU25DChange
90791$171.98$171.98Unchanged
90792$195.25$195.25Unchanged
90832$81.07$81.07Unchanged
90834$106.89$106.89Unchanged
90837$158.54$158.54Unchanged
Physical therapy↑ 0 higher · ↓ 0 lower · — 5 unchanged
Physical therapy: office/nonfacility rate changes
CodeRVU25CRVU25DChange
97110$29.54$29.54Unchanged
97112$32.82$32.82Unchanged
97140$27.90$27.90Unchanged
97530$35.50$35.50Unchanged
97535$32.85$32.85Unchanged

One code, compared over time

Showing 99214 in Chicago for 2025. These are this payment area’s base physician fees, not a national average. Change the code or locality to match your question.

Rate history

99214 in Chicago

99214 · Office / nonfacility

$131.89

Effective 2025-10-01

The base rate is unchanged from 2025-07-01: $131.89 in both releases.

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.

Standard / non-QP conversion factor where applicable. Unmodified service, before claim-level adjustments. A missing or unsupported rate stays unavailable.

Release files and effective dates

4 available releases in 2025. The latest accepted revision is shown for each effective start date. This is FeeBase’s loaded archive; it does not imply every historical CMS release is present.

Physician fee schedule releases with 99214 rates in Chicago
ReleaseEffective99214 office99214 facilityCodesLocalitiesLinks
RVU25DRevision 1until 2026-01-01 (excl.)$131.89$99.8016,852109Calculate 99214CMS source
RVU25CRevision 1until 2025-10-01 (excl.)$131.89$99.8016,791109Calculate 99214CMS source
RVU25BRevision 1until 2025-07-01 (excl.)$131.89$99.8016,701109Calculate 99214CMS source
RVU25ARevision 1until 2025-04-01 (excl.)$131.89$99.8016,647109Calculate 99214CMS source

Checking a past service? “Calculate” opens the RVU calculator with that release’s date, the code and the payment locality already selected.

What a rate change tells you

The comparison holds the code, setting and payment-locality identifiers constant. Each release supplies its own RVUs, geographic indexes and conversion factor. A difference shows the combined result of those inputs; it does not identify a single policy cause.

Browse current rates by code and locality · How FeeBase calculates a rate

Did this answer your question about CMS fee schedule releases?

Tell us what you were actually trying to work out. We’ll answer you directly, or build the page that does.