Billing code 94003: Ventilator managementMedicare rate & RVUs in Oregon

Reports a physician’s subsequent-day management of assisted or controlled ventilation for a patient receiving hospital inpatient or observation care.

CMS RVU26DEffective Oct 1, 20262 payment localities13.3K Medicare services in 2024

CMS doesn’t publish an office rate for 94003 in Oregon.

—Office (non-facility)
$57.89–$59.86Hospital or facility

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 94003 for the payment locality that covers the ZIP.

On this page 9 sections
  1. Rate in Oregon
  2. What 94003 covers
  3. By payment locality
  4. How it’s calculated
  5. Payment rules
  6. Similar codes
  7. Related codes
  8. Billing questions
  9. Sources

What 94003 covers

This service covers a physician’s subsequent-day management of a patient receiving assisted or controlled ventilation in a hospital inpatient or observation setting. The clinician evaluates the patient’s ventilatory status and directs ongoing ventilator care, including assessing the response to support and deciding whether management changes are needed. It is distinct from the initial-day service and from ventilator management in a nursing facility or at home. Hospital physicians caring for ventilated patients commonly report it; a respiratory therapist’s equipment adjustment alone does not describe the physician service.

Report 94003 for a later service day when the physician provides and documents ventilator management; use 94002 for the initial day. The record should support the patient’s ventilator-dependent status, relevant respiratory findings, clinical assessment, and management decisions for that date. Do not select the code solely because the patient remains connected to a ventilator or because settings are recorded without documented clinician management. The supplied CMS facts list no code-specific payment rules.

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 94003 pays more and less in Oregon

94003 office and facility rates by payment locality
Payment localityOfficeFacility
PortlandUnavailable$59.86
Rest Of OregonUnavailable$57.89

How the 94003 rate is calculated

Each of 94003’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 · 94003

RVUs × geographic indexes × conversion factor

Swap in your local Medicare rate.

Work 1.37Practice expense 0.28Malpractice 0.12

1.7700 adjusted RVUs×$33.4009 conversion factor=$59.12

All indexes start at 1.000 (the national rate). Enter a ZIP or drag a slider.

Payment rules and modifiers for 94003

94003 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 · 94003

Which rate does Medicare pay?

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

Non-facility (office) rate · national

—

94003 isn’t priced in this setting.

94003 compared with similar codes

Compare codes

94003 vs 94002 vs 94004 vs 94005: national Medicare rates

Swap in your local Medicare rate.

  • 94003
    Ventilator management · 1.37 wRVU
    —
  • 94002
    Ventilator management · 1.99 wRVU
    —
  • 94004
    Ventilation management · 1 wRVU
    —
  • 94005
    · 1.5 wRVU
    —

How to choose

94002Ventilator management
Choose 94002 for the initial day of hospital inpatient or observation ventilator management; 94003 is for a subsequent service day.
94004Ventilation management
Choose 94004 when the ventilator-management service is furnished in a nursing facility, rather than in hospital inpatient or observation care.
94005Home vent mgmt supervision
Choose 94005 for home ventilator-management supervision; 94003 describes subsequent-day management in a hospital inpatient or observation setting.

94003 billing questions

When should 94002 be used instead?

Use 94002 for the initial day of hospital inpatient or observation ventilator management. Use 94003 for a subsequent service day.

Is 94003 for a nursing facility patient?

No. 94003 is for hospital inpatient or observation care; 94004 is the related nursing-facility ventilator-management code.

Is a unit reported for each ventilator adjustment?

No. The code represents subsequent-day management, not an individual setting change. Document the physician’s management service for the date.

What documentation supports 94003?

Document the patient’s ventilatory status, relevant respiratory findings, clinical assessment, and decisions made about ongoing ventilator care that day.

Can it be reported just because the patient remains on a ventilator?

No. Continued ventilator use alone does not establish a management service; the record should show the physician’s assessment and management.

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 94003PPRRVU2026_Oct_nonQPP.csv, line 12,361 (RVU26D)

Open CMS sourceHow we calculate rates

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