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Procedure price report · Psychological and psychiatric evaluation and therapy

Follow-up magnetic brain stimulation treatment, per session

CPT 90868the billing code this page is about

One later session of repetitive transcranial magnetic stimulation, covering delivery of the treatment and its supervision; each daily visit is billed separately.

Hospitals typically charge $367 cash for this outpatient procedure — the median across 435 hospitals that filed a usable cash price; the average of the middle 60% is $387. Most fall between $233 and $622 (20th–80th percentile).

Hospitals
435
States
46
Filings dated
Dec 2024 – Sep 2026
Computed
September 25, 2026
Prices checked
through September 25, 2026

Median: half of hospitals filed less, half more — and it is a price some hospital actually filed. Average of the middle 60%: the mean of the prices between the 20th and 80th percentiles. We never publish the plain average, the lowest or the highest price: the extremes in hospital price files are chargemaster artefacts, not prices anyone pays.

What hospitals charge, from cheapest to most expensive

Cash price percentiles, outpatient, across 435 hospitals. Each figure is a price a hospital filed. 10th: one in ten hospitals charges less; 25th: a quarter charge less; Median: half charge less; 75th: three quarters charge less; 90th: nine in ten charge less.
10th25thMedian75th90th
$147$249$367$603$836

The most expensive tenth of hospitals charges at least 5.7× what the cheapest tenth charges ($147 vs $836).

How the prices are spread

$128 – $158: 28 hospitals$128$158 – $195: 14 hospitals$195 – $241: 37 hospitals$195$241 – $298: 42 hospitals$298 – $368: 77 hospitals$298$368 – $455: 60 hospitals$455 – $562: 41 hospitals$455$562 – $694: 37 hospitals$694 – $857: 37 hospitals$694$857 – $1,058: 24 hospitals$857median $367price bands are equal on a log scale
Hospitals per price band (397 of 435 — the bands cover the 5th to 95th percentile)
FromToHospitals
$128$15828
$158$19514
$195$24137
$241$29842
$298$36877
$368$45560
$455$56241
$562$69437
$694$85737
$857$1,05824

Against Medicare

Medicare pays (OPPS 2026, national rate)$221
Median cash price$367
Cash as a multiple of Medicare1.66×

The Medicare figure is the national unadjusted OPPS rate for this code — what Medicare itself pays a hospital before local wage adjustment. It is a benchmark, not a price anyone is charged.

By state

The median cash price in each state, against the national median of $367.

Alaska: 2 hospitals filed a usable price — fewer than 10, so no figureAKMaine: no hospital in the corpus filed a usable priceMEVermont: 2 hospitals filed a usable price — fewer than 10, so no figureVTNew Hampshire: 1 hospital filed a usable price — fewer than 10, so no figureNHWashington: 4 hospitals filed a usable price — fewer than 10, so no figureWAIdaho: no hospital in the corpus filed a usable priceIDMontana: 1 hospital filed a usable price — fewer than 10, so no figureMTNorth Dakota: 2 hospitals filed a usable price — fewer than 10, so no figureNDMinnesota: 6 hospitals filed a usable price — fewer than 10, so no figureMNIllinois: median $314 across 23 hospitalsIL$314Wisconsin: median $508 across 31 hospitalsWI$508Michigan: 8 hospitals filed a usable price — fewer than 10, so no figureMINew York: median $369 across 22 hospitalsNY$369Massachusetts: 6 hospitals filed a usable price — fewer than 10, so no figureMAOregon: 2 hospitals filed a usable price — fewer than 10, so no figureORNevada: 4 hospitals filed a usable price — fewer than 10, so no figureNVWyoming: 2 hospitals filed a usable price — fewer than 10, so no figureWYSouth Dakota: no hospital in the corpus filed a usable priceSDIowa: median $312 across 15 hospitalsIA$312Indiana: median $172 across 18 hospitalsIN$172Ohio: median $354 across 32 hospitalsOH$354Pennsylvania: median $255 across 15 hospitalsPA$255New Jersey: median $345 across 13 hospitalsNJ$345Connecticut: 5 hospitals filed a usable price — fewer than 10, so no figureCTRhode Island: 1 hospital filed a usable price — fewer than 10, so no figureRICalifornia: median $668 across 50 hospitalsCA$668Utah: 1 hospital filed a usable price — fewer than 10, so no figureUTColorado: median $450 across 20 hospitalsCO$450Nebraska: 2 hospitals filed a usable price — fewer than 10, so no figureNEMissouri: 4 hospitals filed a usable price — fewer than 10, so no figureMOKentucky: 7 hospitals filed a usable price — fewer than 10, so no figureKYWest Virginia: 6 hospitals filed a usable price — fewer than 10, so no figureWVVirginia: median $130 across 14 hospitalsVA$130Maryland: 4 hospitals filed a usable price — fewer than 10, so no figureMDDelaware: 1 hospital filed a usable price — fewer than 10, so no figureDEArizona: 4 hospitals filed a usable price — fewer than 10, so no figureAZNew Mexico: 2 hospitals filed a usable price — fewer than 10, so no figureNMKansas: 2 hospitals filed a usable price — fewer than 10, so no figureKSArkansas: 2 hospitals filed a usable price — fewer than 10, so no figureARTennessee: 5 hospitals filed a usable price — fewer than 10, so no figureTNNorth Carolina: median $310 across 15 hospitalsNC$310South Carolina: 8 hospitals filed a usable price — fewer than 10, so no figureSCOklahoma: median $218 across 13 hospitalsOK$218Louisiana: 5 hospitals filed a usable price — fewer than 10, so no figureLAMississippi: 2 hospitals filed a usable price — fewer than 10, so no figureMSAlabama: no hospital in the corpus filed a usable priceALGeorgia: 9 hospitals filed a usable price — fewer than 10, so no figureGAHawaii: 3 hospitals filed a usable price — fewer than 10, so no figureHITexas: median $455 across 22 hospitalsTX$455Florida: median $836 across 19 hospitalsFL$836
Cash price by state, most expensive first. National median $367. A state needs at least 10 hospitals with a usable price to show a figure.
StateHospitalsMedianvs national20th–80th
Florida FL19$836+128%$315 – $866
California CA50$668+82%$617 – $829
Wisconsin WI31$508+38%$233 – $857
Texas TX22$455+24%$321 – $556
Colorado CO20$450+23%$383 – $1,058
New York NY22$3690%$256 – $486
Ohio OH32$354−3%$332 – $473
New Jersey NJ13$345−6%$340 – $367
Illinois IL23$314−14%$138 – $447
Iowa IA15$312−15%$296 – $312
North Carolina NC15$310−15%$147 – $310
Pennsylvania PA15$255−30%$245 – $264
Oklahoma OK13$218−40%$218 – $614
Indiana IN18$172−53%$138 – $245
Virginia VA14$130−65%$91 – $495
Georgia GA9not enough hospitals filed a usable price
Michigan MI8not enough hospitals filed a usable price
South Carolina SC8not enough hospitals filed a usable price
Kentucky KY7not enough hospitals filed a usable price
Massachusetts MA6not enough hospitals filed a usable price
Minnesota MN6not enough hospitals filed a usable price
West Virginia WV6not enough hospitals filed a usable price
Connecticut CT5not enough hospitals filed a usable price
Louisiana LA5not enough hospitals filed a usable price
Tennessee TN5not enough hospitals filed a usable price
Arizona AZ4not enough hospitals filed a usable price
Maryland MD4not enough hospitals filed a usable price
Missouri MO4not enough hospitals filed a usable price
Nevada NV4not enough hospitals filed a usable price
Washington WA4not enough hospitals filed a usable price
Hawaii HI3not enough hospitals filed a usable price
Alaska AK2not enough hospitals filed a usable price
Arkansas AR2not enough hospitals filed a usable price
Kansas KS2not enough hospitals filed a usable price
Mississippi MS2not enough hospitals filed a usable price
North Dakota ND2not enough hospitals filed a usable price
Nebraska NE2not enough hospitals filed a usable price
New Mexico NM2not enough hospitals filed a usable price
Oregon OR2not enough hospitals filed a usable price
Vermont VT2not enough hospitals filed a usable price
Wyoming WY2not enough hospitals filed a usable price
Delaware DE1not enough hospitals filed a usable price
Montana MT1not enough hospitals filed a usable price
New Hampshire NH1not enough hospitals filed a usable price
Rhode Island RI1not enough hospitals filed a usable price
Utah UT1not enough hospitals filed a usable price

Hospitals like yours

The same distribution cut by the kind of hospital. Hospital type and ownership come from CMS; a hospital counts as part of a system when its price file is shared with at least one other hospital under the same brand. The national median is $367.

Cash price by hospital segment. A segment needs at least 20 hospitals to show a figure.
SegmentHospitalsMedian20th–80th
Hospital type
Acute care375$369$240 – $622
Children’s12fewer than 20 hospitals
Critical access45$316$233 – $836
Ownership
For-profit30$354$138 – $567
Government56$334$252 – $389
Non-profit346$369$233 – $679
System affiliation
Part of a system391$369$233 – $622
Independent44$332$202 – $668

Cash price vs list price

Median list price (chargemaster)$630
Median cash price$367
Cash as a share of list, median hospital60%

At the typical hospital, asking for the cash price cuts the list price by about 40%. The share is the median of each hospital’s own cash ÷ list ratio, over hospitals that filed both — not the ratio of the two medians above.

The same procedure, inpatient

310 hospitals filed a usable inpatient cash price for this code. The median is $379 and the average of the middle 60% is $396; most fall between $233 and $668.

Cash price percentiles, inpatient, across 310 hospitals. Each figure is a price a hospital filed. 10th: one in ten hospitals charges less; 25th: a quarter charge less; Median: half charge less; 75th: three quarters charge less; 90th: nine in ten charge less.
10th25thMedian75th90th
$144$252$379$617$836

The most expensive tenth of hospitals charges at least 5.8× what the cheapest tenth charges ($144 vs $836).

Of the 320 hospitals that filed this code inpatient, 310 gave a usable cash price; 4 carried a plausibility flag, 0 filed a number their own filing marks as not a price, 0 gave an estimate, and 6 a list price only.

How complete is this

435 of the 3,956 hospitals with a price file in our corpus (11%) filed a usable outpatient cash price for this code, and those are the hospitals every figure on this page is computed from.

What the 458 hospitals that filed this code at all gave us
Usable cash price — counted435
Cash price carrying a plausibility flag — shown on the compare tool, excluded here9
A number the filing itself marks as not a price (a placeholder, a ratio) — excluded0
An estimate rather than a filed cash price — excluded0
A list price only, no cash figure — excluded14
Hospitals that filed this code458

Sections not shown for this setting

  • Since our last snapshot: there is no earlier snapshot at least 90 days older than this one yet.

We last checked these hospitals’ price files for changes between September 4, 2026 and September 25, 2026; the figures were computed September 25, 2026 from filings loaded through September 25, 2026. The percentiles and averages use only the “counted” row.

Related procedures

Part of the Psychological and psychiatric evaluation and therapy family.

Hospitals file this code under descriptions such as Therap Repetitive Tms Tx Subseq Delivery & Mng.

Method

Source
The machine-readable price files every U.S. hospital is required by CMS to publish, parsed per hospital. Nothing is surveyed, sampled or modelled.
What counts
One cash (self-pay) price per hospital for this code and setting. A hospital’s own filing can rule its number out — a placeholder, a “not applicable” note, a list price standing in for cash — and our plausibility checks can flag a price far below what every other hospital files. Both kinds are disclosed above and excluded from the statistics; on the compare tool a flagged price is still shown.
Statistics
Percentiles are discrete: each is a price some hospital filed. The average is the mean of the prices between the 20th and 80th percentiles. We never publish the plain mean, the minimum or the maximum. A state needs 10 hospitals and a segment 20 to show a figure; otherwise the row shows its count and no number. Medicare is the national unadjusted OPPS rate where one exists.
Names
Procedure names on these pages are our own plain-language titles, not the AMA’s copyrighted CPT descriptors. The code is the identity.

The full rules — sources, statistics, thresholds, limitations — are on the methodology page.

Download this page’s figures: JSON · CSV. Aggregates only — the per-hospital prices are on the compare tool.

Cite: HospitalRates.com, “Follow-up magnetic brain stimulation treatment, per session (CPT 90868) — cash price report,” computed September 25, 2026. https://hospitalrates.com/procedures/cpt-90868-follow-up-magnetic-brain-stimulation-treatment-per-session