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CMS RVU26D · Effective 2026-10-01

33465 Valve replacement Medicare reimbursement rates in Colorado

Reports open surgical replacement of a diseased tricuspid valve, typically during cardiopulmonary bypass when repair is not the operative treatment. Compare 33465 office and facility rates across CMS payment localities in Colorado.

Amounts below use the non-QP conversion factor for participating physicians. These are base physician payments before claim-level adjustments, not patient costs or total hospital charges.

What does Medicare pay for 33465 in Colorado?

Colorado has 1 payment locality in this comparison. Use the service location to choose the applicable amount. These are the supported base rates for the payment area shown below, using the same CMS release.

Office / nonfacility

No supported rate

Facility setting

$2527.68

1 of 1 localities have a supported rate.

Payment area: Colorado

One mapped payment locality.

These are locality ranges, not averages or address-specific quotes. A facility-setting amount covers the physician service; it does not include a hospital’s separate bill. Choose a locality below to inspect its calculation, compare other payment areas, or price a percentage of Medicare.

Find 33465 in your payment locality →

Cardiac surgery

About 33465: Open tricuspid valve replacement

Reports open surgical replacement of a diseased tricuspid valve, typically during cardiopulmonary bypass when repair is not the operative treatment.

A cardiothoracic surgeon removes the diseased tricuspid valve and replaces it with a prosthetic valve during open heart surgery with cardiopulmonary bypass. The operation may be performed for severe tricuspid valve disease, including stenosis or regurgitation, when the surgeon replaces rather than reconstructs the native valve. It is generally performed in a hospital operating room by a cardiac surgery team.

Report this code when the operative documentation supports tricuspid valve replacement, not a repair that preserves the native valve. The record should identify the valve treated and the replacement performed. This major surgery includes the day-before preoperative visit and 90 days of related postoperative care. When multiple procedures are performed in the same session, the highest-valued procedure is paid in full and others at 50%. An assistant at surgery may be paid; co-surgeons require supporting documentation, and team surgery is not permitted. Modifier 50 is not appropriate for this single tricuspid valve operation.

CMS billing rules for 33465

Global period
Major surgery with a 90-day global period: the day-before preoperative visit and 90 days of related postoperative care are included.
Multiple procedures
Standard multiple procedure reduction: the highest-valued procedure is paid in full and others at 50% when performed in the same session.
Bilateral procedures
Bilateral adjustment does not apply; the descriptor or anatomy makes modifier 50 inappropriate.
Assistant at surgery
Assistant at surgery may be paid.
Co-surgeons
Co-surgeons paid only with supporting documentation.
Team surgery
Team surgery not permitted.

Where the value comes from

  • Work RVU49.45 · 64%
  • Practice expense (office) RVU15.21 · 20%
  • Malpractice RVU12.10 · 16%

576

Medicare services in 2024 · #3435 by national volume

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.

33465 compared with similar codes

Office rates for Colorado, from the same CMS release.

33463

Tricuspid repair

With ring insertion

No office rate

Choose 33463 for tricuspid repair with ring insertion; choose 33465 when the surgeon replaces the valve.

33464

Tricuspid repair

With cardiopulmonary bypass

No office rate

Choose 33464 for tricuspid repair without ring insertion. Replacement of the tricuspid valve is reported with 33465.

33468

Tricuspid valve surgery

Valve revision

No office rate

33468 describes repair for Ebstein anomaly; 33465 is for replacement of the tricuspid valve.

33430

Mitral valve replacement

Open surgical replacement

No office rate

33430 is replacement of the mitral valve. Use 33465 when the valve replaced is the tricuspid valve.

Compare 33465 by payment locality

Find the payment area for your service address, then open its rate page for calculation inputs, release history and the percentage-of-Medicare tool. A city may cross payment-area boundaries; the ZIP lookup above helps resolve the location.

1 of 1 payment localities

Office and facility base rates · shared scale starting at $0

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How this local rate is calculated

Each RVU component is multiplied by its own geographic practice cost index (GPCI). The three adjusted components are added, then multiplied by the conversion factor. These are the inputs used for 33465 in Colorado.

PPRRVU2026_Oct_nonQPP.csv

3,964

Code
33465
Physician work
49.45
Practice expense
15.21
Malpractice
12.10

GPCI2026.csv

37

Locality
Colorado
Physician work
1.012
Practice expense
1.064
Malpractice
0.781
Facility calculation for 33465 in Colorado
ComponentRVULocality factorAdjusted
Physician work49.45× 1.01250.0434
Practice expense15.21× 1.06416.1834
Malpractice12.10× 0.7819.4501
Total RVUs75.6769
Conversion factor× 33.4009

Facility rate, Colorado$2527.68

Values as parsed from CMS release RVU26D, effective 2026-10-01. The amount is rounded to the nearest cent only at the end.
Explore RVUs, geographic factors and the full formula

Facility

Facility calculation inputs
ComponentRVULocal GPCI
Work49.451.012
Practice expense15.211.064
Malpractice12.10.781

(49.45 × 1.012 + 15.21 × 1.064 + 12.1 × 0.781) × $33.4009 = $2527.68

The office and facility calculations use their respective practice-expense RVUs. The facility amount here is the physician fee, not a separate hospital or facility bill.

33465 billing questions

How is replacement distinguished from tricuspid valvuloplasty?

Use 33465 when the surgeon replaces the tricuspid valve. Codes 33463 and 33464 describe repair procedures that retain the native valve.

Does this code include the related postoperative visits?

Yes. Its 90-day global period includes the day-before preoperative visit and 90 days of related postoperative care.

Can an assistant or co-surgeon be reported?

An assistant at surgery may be paid. Co-surgeon payment requires supporting documentation; team surgery is not permitted.

How are other procedures in the same session paid?

Under the standard multiple procedure reduction, the highest-valued procedure is paid in full and other procedures are paid at 50%.

What documentation supports reporting 33465?

The operative report should identify the tricuspid valve and document that it was replaced, rather than repaired with the native valve retained.

Where these rates come from

FeeBase calculates base physician payments from CMS work, practice-expense, and malpractice RVUs, adjusted by each locality’s geographic indices and the applicable conversion factor. Unavailable or separately priced services are labeled rather than assigned a made-up amount.

Source: RVU26D. Effective 2026-10-01 through the day before 2027-01-01.

RVUs for 33465PPRRVU2026_Oct_nonQPP.csv, line 3,964 (RVU26D)
Geographic factors for ColoradoGPCI2026.csv, line 37 (RVU26D)