97162 is the CPT code for: Evaluation for physical therapy, typically 30 minutes. In 2024, 36,625 providers billed 97162 1,346,460 times, with an estimated $98.1M paid by Medicare.
Medicare's 2026 Physician Fee Schedule national rate for 97162 is $97.86 in the office setting. National amounts before geographic adjustment — your locality's rate differs slightly.
What Medicare actually paid per service in 2024, on average: $72.84 (observed payment across all settings and modifiers — not a fee-schedule rate).
The top 5 billers nationally, ranked by 2024 Medicare service volume.
| # | Provider | Specialty | Location | Services | Est. Medicare paid |
|---|---|---|---|---|---|
| 1 | Spencer Clark | Physical Therapist in Private Practice | Salt Lake City, UT | 2,193 | $157K |
| 2 | Ahson Mahfooz, PT, DPT | Physical Therapist in Private Practice | Brooklyn, NY | 821 | $73K |
| 3 | Darrel Elwell | Physical Therapist in Private Practice | Roswell, NM | 671 | $49K |
| 4 | Elizabeth Owens, DPT | Physical Therapist in Private Practice | Columbus, OH | 662 | $47K |
| 5 | Tami Peavy, PT | Physical Therapist in Private Practice | Alhambra, CA | 589 | $37K |
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