How much does physical therapy evaluation, moderate cost in New Mexico?

CPT 97162 — the fair price, every hospital's price, and the Medicare benchmark for New Mexico.

Estimates only. Educational estimates from public Medicare benchmarks and hospital-published prices — not a guarantee, and not legal, medical, or financial advice.
97162 Physical therapy evaluation, moderate
Ask to pay
$196
About 2.0× what Medicare pays — most hospitals accept a self-pay rate in this range.
What Medicare paysⓘ
$98
Typical price near you
$278
Cash / self-pay price
$279
Prices near you — 30 facilities, lowest first
FacilityTypePricevs MedicareQuality
Gerald Champion Regional Medical Center (Alamogordo) lowest Hospital $32negotiated 0.3× —
University of New Mexico Hospital (Albuquerque) Hospital $90cash 0.9× —
CHRISTUS St. Vincent Regional Medical Center (Santa Fe) Hospital $143negotiated 1.5× —
Covenant Health Hobbs Hospital (Hobbs) Hospital $162cash 1.7× —
Lovelace Regional Hospital (Roswell) Hospital $166cash 1.7× —
Rehoboth McKinley Christian Health Care (Gallup) Hospital $191cash 1.9× —
Presbyterian Kaseman Hospital (Albuquerque) Hospital $234cash 2.4× —
Presbyterian Hospital (Albuquerque) Hospital $234cash 2.4× —
Presbyterian Rust Medical Center (Rio Rancho) Hospital $234cash 2.4× —
San Juan Regional Medical Center (Farmington) Hospital $234cash 2.4× —
Holy Cross Medical Center (Taos) Hospital $238cash 2.4× —
Gila Regional Medical Center (Silver City) Hospital $264cash 2.7× —
Prices from each hospital's public machine-readable file; imaging & surgery-center prices are published self-pay rates (often the cheapest option). vs Medicare is how many times the Medicare rate each facility charges. 1 unusually low/high price excluded from the typical price as likely data errors.
💬 What to say — negotiation scripts
  • For 97162 (Physical therapy evaluation, moderate), Medicare's benchmark rate is $98.01. A fair self-pay target for this line is $196.02. If I was charged more than that, please reduce it toward this benchmark.
  • Your own published cash / self-pay price for 97162 is $278.97, and negotiated rates at nearby facilities run $234.50–$370.42. Please apply a rate in that range to my bill rather than the gross charge.
  • Please send a fully itemized bill listing every CPT/HCPCS/DRG code and its individual charge, so I can review each line against published rates.
  • Separately, what is your financial assistance / charity care policy, and am I eligible? Please send me the application and the income thresholds.
See physical therapy evaluation, moderate prices in another area

What should 97162 cost in New Mexico?

For physical therapy evaluation, moderate (CPT 97162) in New Mexico, a fair self-pay price is around $278, with hospitals ranging from $234 to $370 across 30 facilities. Medicare's benchmark rate is $98, the floor to negotiate toward. The card above lists each hospital's price, cheapest first, with CMS quality stars.

Frequently asked questions

How much does physical therapy evaluation, moderate cost in New Mexico?

A fair self-pay price for physical therapy evaluation, moderate (CPT 97162) in New Mexico is around $278, with hospital prices ranging from $234 to $370 across 30 facilities. These are estimates from hospital-published prices, not a guarantee.

What is the Medicare rate for CPT 97162?

Medicare pays about $98 for physical therapy evaluation, moderate (CPT 97162). That's the negotiation floor — a fair cash-pay target is roughly 1.5–2× it, well below typical gross charges.

Can I negotiate the price of physical therapy evaluation, moderate?

Yes. Under the federal Hospital Price Transparency rule hospitals must publish these rates, so you can ask to pay the cash or negotiated rate instead of the gross charge. Paste your bill on the home page for a ready-to-send appeal letter and the exact numbers to cite.

Got a bill for this?

If you were charged more than the fair price, you can usually negotiate it down. Paste your itemized bill to get a personalized appeal letter, the exact numbers to cite, an AI negotiation coach, and a charity-care eligibility check — free.

Compare other procedures in New Mexico

Prices last refreshed September 2026 from each hospital's official CMS machine-readable file. Medicare rate: CY2025 OPPS/PFS/CLFS. Estimates only — not a guarantee.