How Much Does Colorado Medicaid Pay for Physical Therapy?
Therapeutic exercises, neuromuscular re-education, and manual therapy covered by Medicaid.
Service Physical Therapy Codes 8
In 2024, Colorado Medicaid paid an average of $40.47 per physical therapy claim, across 1,113,061 total claims and 7 procedure codes. That's up 17% from $34.63 in 2018.
This data comes from official HHS Medicaid claims records. See how Colorado compares to other states →
2024 Summary
Average Payment
$40.47
Total Claims
1,113,061
Total Paid
$45,044,245.53
Codes Reporting
7
Average Payment Trend
| Year | Avg / Claim |
|---|---|
| 2018 | $34.63 |
| 2019 | $38.55 |
| 2020 | $40.48 |
| 2021 | $39.98 |
| 2022 | $39.32 |
| 2023 | $39.33 |
| 2024 | $40.47 |
Year-over-Year Rates
| Year | Avg / Claim | Total Claims | Total Paid | Codes Reporting |
|---|---|---|---|---|
| 2018 | $34.63 | 914,759 | $31,673,704.98 | 8 |
| 2019 | $38.55 | 980,381 | $37,792,551.10 | 7 |
| 2020 | $40.48 | 847,328 | $34,300,464.29 | 8 |
| 2021 | $39.98 | 1,093,676 | $43,724,862.86 | 7 |
| 2022 | $39.32 | 1,172,675 | $46,110,451.64 | 8 |
| 2023 | $39.33 | 1,364,819 | $53,680,468.85 | 8 |
| 2024 | $40.47 | 1,113,061 | $45,044,245.53 | 7 |