Doctor visits and therapy CPT 90867 134 markets

TMS therapy (first session) cost without insurance

The median hospital cash price for TMS (transcranial magnetic stimulation), first session with mapping is $414.53 across 298 US hospitals; most list between $243.73 and $963.20. The lowest outpatient cash price in any of 134 markets is $106.59. Prices come from each hospital's own price file; pick your area below to compare hospitals side by side.

Collected Nov 11, 2026 Each price links to its source file

Lowest$106.59any market
Median market$401.70middle of market medians
Most below$963.209 in 10 hospitals
Listings298hospital prices

Compared with Medicare

$220.60 is Medicare's 2026 national base rate for this service in a hospital outpatient department, including the patient's share and before the local wage adjustment. The median hospital cash price, $414.53 across 298 hospitals, is 1.9× that.

Researchers often measure hospital prices as a multiple of Medicare's rate, and it is a concrete number to mention when you ask a hospital for a cash discount. Source: CMS.

Cash or insurance?

If you have insurance but have not met your deductible, you pay the rate your plan negotiated with the hospital, not the cash price. Hospital price files list those rates too: for TMS therapy (first session), the highest negotiated rate in a hospital's file has a median of $799.88 and the lowest a median of $187.83. At 161 of 180 hospitals that publish both, the cash price is below the highest negotiated rate.

With a high deductible, cash can cost less. But a cash payment may not count toward your deductible or out-of-pocket maximum: ask your plan for its rate at that hospital (most have a cost estimator) and whether it will credit a cash payment.

What is CPT 90867?

TMS uses magnetic pulses to stimulate the brain for depression. This code is the first session.

What the price covers

The price is for one session or evaluation.

Why prices differ

Private practices often charge less than hospital outpatient departments, and many offer cash rates.

What to ask

Ask whether the self-pay price for CPT 90867 covers the whole visit.

Prices by state

Among 20 states with at least 5 hospitals listing a cash price, the median is lowest in Louisiana ($134.68), Arkansas ($150.58) and Minnesota ($198.24), and highest in Colorado ($1,936.32), California ($963.20) and Massachusetts ($932.75).

Median outpatient cash price, one line per hospital. Pick a state to see every hospital, cheapest first.

Prices by market

Outpatient cash prices. “×” is how many times the highest price in that market exceeds the lowest.

MarketHospitalsLowestMedianHighest×
Akron, OH 2 $354.00 $480.55 $607.10 1.7×
Albemarle, NC 1 $346.00 $346.00 $346.00 1.0×
Ann Arbor, MI 1 $493.20 $493.20 $493.20 1.0×
Antigo, WI single city 1 $401.70 $401.70 $401.70 1.0×
Appleton, WI 2 $1,474.59 $1,474.59 $1,474.59 1.0×
Athens, OH 1 $809.90 $809.90 $809.90 1.0×
Atlanta-Sandy Springs-Roswell, GA 9 $386.88 $386.88 $386.88 1.0×
Atlantic City-Hammonton, NJ 1 $279.37 $279.37 $279.37 1.0×
Augusta-Richmond County, GA-SC 1 $386.88 $386.88 $386.88 1.0×
Austin-Round Rock-San Marcos, TX 10 $306.81 $437.22 $596.58 1.9×
Berlin, WI single city 1 $1,474.59 $1,474.59 $1,474.59 1.0×
Bloomington, IL 1 $316.00 $316.00 $316.00 1.0×
Boston-Cambridge-Newton, MA-NH 5 $366.30 $1,119.30 $1,756.00 4.8×
Boulder, CO 2 $423.50 $1,179.91 $1,936.32 4.6×
Brattleboro, VT 1 $391.83 $391.83 $391.83 1.0×
Brenham, TX 1 $534.04 $534.04 $534.04 1.0×
Buffalo-Cheektowaga, NY 1 $978.72 $978.72 $978.72 1.0×
Cades, SC single city 1 $255.50 $255.50 $255.50 1.0×
Carlsbad-Artesia, NM 1 $355.80 $355.80 $355.80 1.0×
Champaign-Urbana, IL 1 $446.00 $446.00 $446.00 1.0×
Charleston-North Charleston, SC 1 $379.00 $379.00 $379.00 1.0×
Charlotte-Concord-Gastonia, NC-SC 9 $346.00 $346.00 $346.00 1.0×
Chicago-Naperville-Elgin, IL-IN 15 $106.59 $314.00 $779.00 7.3×
Cincinnati, OH-KY-IN 5 $113.73 $448.80 $1,250.39 11.0×
Cleveland, OH 10 $354.00 $354.00 $607.10 1.7×
Cody, WY 1 $340.00 $340.00 $340.00 1.0×
College Station-Bryan, TX 1 $534.04 $534.04 $534.04 1.0×
Columbia, MO 1 $286.80 $286.80 $286.80 1.0×
Columbus, OH 7 $577.85 $577.85 $755.95 1.3×
Corning, NY 1 $312.91 $312.91 $312.91 1.0×
Dallas-Fort Worth-Arlington, TX 2 $802.50 $1,400.34 $1,998.18 2.5×
Denver-Aurora-Centennial, CO 4 $1,936.32 $1,936.32 $1,936.32 1.0×
Des Moines-West Des Moines, IA 2 $495.95 $641.98 $788.00 1.6×
Detroit-Warren-Dearborn, MI 2 $296.91 $296.91 $296.91 1.0×
Duluth, MN-WI 1 $336.19 $336.19 $336.19 1.0×
Duncan, OK 1 $634.88 $634.88 $634.88 1.0×
Durham-Chapel Hill, NC 1 $218.97 $218.97 $218.97 1.0×
Eagle River, WI single city 1 $401.70 $401.70 $401.70 1.0×
Eau Claire, WI 1 $401.70 $401.70 $401.70 1.0×
Elmira, NY 2 $312.91 $312.91 $312.91 1.0×
Erie, PA 1 $303.85 $303.85 $303.85 1.0×
Fayetteville-Springdale-Rogers, AR 1 $925.77 $925.77 $925.77 1.0×
Flagstaff, AZ 1 $324.27 $324.27 $324.27 1.0×
Florence, SC 1 $379.00 $379.00 $379.00 1.0×
Fond du Lac, WI 1 $1,474.59 $1,474.59 $1,474.59 1.0×
Fresno, CA 1 $963.20 $963.20 $963.20 1.0×
Green Bay, WI 1 $296.32 $296.32 $296.32 1.0×
Greenville-Anderson-Greer, SC 3 $315.00 $315.00 $315.00 1.0×
Hagerstown-Martinsburg, MD-WV 1 $248.50 $248.50 $248.50 1.0×
Hartford, CT single city 1 $714.00 $714.00 $714.00 1.0×
Helena, MT 1 $609.95 $609.95 $609.95 1.0×
Hilton Head Island-Bluffton-Port Royal, SC 1 $439.20 $439.20 $439.20 1.0×
Homer, AK single city 1 $884.84 $884.84 $884.84 1.0×
Houghton, MI 1 $401.70 $401.70 $401.70 1.0×
Huntington-Ashland, WV-KY-OH 1 $675.00 $675.00 $675.00 1.0×
Iowa City, IA 2 $315.70 $315.70 $315.70 1.0×
Iron River, MI single city 1 $401.70 $401.70 $401.70 1.0×
Ironwood, MI single city 1 $401.70 $401.70 $401.70 1.0×
Janesville-Beloit, WI 1 $703.39 $703.39 $703.39 1.0×
Key West-Key Largo, FL 2 $835.90 $835.90 $835.90 1.0×
Killeen-Temple, TX 3 $534.04 $534.04 $534.04 1.0×
Kiryas Joel-Poughkeepsie-Newburgh, NY 1 $269.53 $269.53 $269.53 1.0×
La Crosse-Onalaska, WI-MN 1 $256.00 $256.00 $256.00 1.0×
LaGrange, GA-AL 1 $386.88 $386.88 $386.88 1.0×
Las Vegas-Henderson-North Las Vegas, NV 1 $1,060.00 $1,060.00 $1,060.00 1.0×
Lexington-Fayette, KY 1 $260.00 $260.00 $260.00 1.0×
Lima, OH 1 $332.10 $332.10 $332.10 1.0×
Little Rock-North Little Rock-Conway, AR 3 $147.92 $150.58 $925.77 6.3×
Los Angeles-Long Beach-Anaheim, CA 5 $276.00 $276.00 $4,877.53 17.7×
Lubbock, TX 2 $180.60 $180.60 $180.60 1.0×
Madison, WI 1 $401.70 $401.70 $401.70 1.0×
Mansfield, OH 2 $444.60 $444.60 $444.60 1.0×
Marble Falls, TX single city 1 $534.04 $534.04 $534.04 1.0×
Marion, OH 1 $474.50 $474.50 $474.50 1.0×
Medford, WI single city 1 $401.70 $401.70 $401.70 1.0×
Memphis, TN-MS-AR 1 $156.42 $156.42 $156.42 1.0×
Merrill, WI single city 1 $401.70 $401.70 $401.70 1.0×
Miami-Fort Lauderdale-West Palm Beach, FL 12 $733.60 $835.90 $865.90 1.2×
Milwaukee-Waukesha, WI 1 $912.13 $912.13 $912.13 1.0×
Minneapolis-St. Paul-Bloomington, MN-WI 3 $198.24 $198.24 $198.24 1.0×
Minot, ND 2 $320.00 $320.00 $320.00 1.0×
Modesto, CA 1 $963.20 $963.20 $963.20 1.0×
Morgantown, WV 1 $697.00 $697.00 $697.00 1.0×
Morrilton, AR single city 1 $132.10 $132.10 $132.10 1.0×
Nashville-Davidson--Murfreesboro--Franklin, TN 2 $239.54 $254.76 $269.97 1.1×
New London, WI single city 1 $1,474.59 $1,474.59 $1,474.59 1.0×
New Orleans-Metairie, LA 7 $107.38 $134.68 $245.52 2.3×
New York-Newark-Jersey City, NY-NJ 20 $220.60 $368.50 $1,700.40 7.7×
Omaha, NE-IA 2 $414.05 $414.05 $414.05 1.0×
Orangeburg, SC 1 $379.00 $379.00 $379.00 1.0×
Oshkosh-Neenah, WI 2 $1,474.59 $1,474.59 $1,474.59 1.0×
Peoria, IL 1 $316.00 $316.00 $316.00 1.0×
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 5 $394.80 $394.80 $644.36 1.6×
Phoenix-Mesa-Chandler, AZ 4 $264.97 $655.86 $773.34 2.9×
Pittsburgh, PA 1 $639.00 $639.00 $639.00 1.0×
Portland-Vancouver-Hillsboro, OR-WA 2 $870.40 $870.40 $870.40 1.0×
Providence-Warwick, RI-MA 2 $217.70 $490.85 $764.00 3.5×
Rhinelander, WI single city 1 $401.70 $401.70 $401.70 1.0×
Riverside-San Bernardino-Ontario, CA 1 $276.00 $276.00 $276.00 1.0×
Rochester, NY 1 $1,274.15 $1,274.15 $1,274.15 1.0×
Sacramento-Roseville-Folsom, CA 4 $585.00 $963.20 $963.20 1.6×
Salt Lake City-Murray, UT 1 $814.66 $814.66 $814.66 1.0×
San Diego-Chula Vista-Carlsbad, CA 3 $276.00 $326.70 $730.50 2.6×
San Francisco-Oakland-Fremont, CA 12 $622.00 $963.20 $963.20 1.5×
San Jose-Sunnyvale-Santa Clara, CA 4 $218.40 $963.20 $1,154.00 5.3×
Santa Rosa-Petaluma, CA 1 $963.20 $963.20 $963.20 1.0×
Seattle-Tacoma-Bellevue, WA 1 $466.14 $466.14 $466.14 1.0×
Shawano, WI 1 $1,474.59 $1,474.59 $1,474.59 1.0×
Shelby-Kings Mountain, NC 1 $346.00 $346.00 $346.00 1.0×
Shelbyville, TN 1 $239.54 $239.54 $239.54 1.0×
Slidell-Mandeville-Covington, LA 1 $134.68 $134.68 $134.68 1.0×
Springfield, MA 1 $648.00 $648.00 $648.00 1.0×
St. Louis, MO-IL 1 $573.50 $573.50 $573.50 1.0×
Stevens Point-Plover, WI 2 $401.70 $401.70 $401.70 1.0×
Stockton-Lodi, CA 1 $963.20 $963.20 $963.20 1.0×
Suffolk, VA single city 1 $494.50 $494.50 $494.50 1.0×
Syracuse, NY 1 $486.00 $486.00 $486.00 1.0×
Temple, TX single city 1 $534.04 $534.04 $534.04 1.0×
Tomahawk, WI single city 1 $401.70 $401.70 $401.70 1.0×
Tucson, AZ 1 $280.12 $280.12 $280.12 1.0×
Tullahoma-Manchester, TN 1 $239.54 $239.54 $239.54 1.0×
Two Harbors, MN single city 1 $508.61 $508.61 $508.61 1.0×
Vallejo, CA 2 $963.20 $963.20 $963.20 1.0×
Vincennes, IN 1 $273.00 $273.00 $273.00 1.0×
Virginia Beach-Chesapeake-Norfolk, VA-NC 6 $494.50 $494.50 $494.50 1.0×
Waco, TX 1 $534.04 $534.04 $534.04 1.0×
Washington-Arlington-Alexandria, DC-VA-MD-WV 2 $389.50 $442.00 $494.50 1.3×
Waupaca, WI single city 1 $1,474.59 $1,474.59 $1,474.59 1.0×
Wausau, WI 1 $401.70 $401.70 $401.70 1.0×
Wild Rose, WI single city 1 $1,474.59 $1,474.59 $1,474.59 1.0×
Wisconsin Rapids-Marshfield, WI 1 $401.70 $401.70 $401.70 1.0×
Woodruff, WI single city 1 $401.70 $401.70 $401.70 1.0×
Worcester, MA 1 $1,232.00 $1,232.00 $1,232.00 1.0×
Yakima, WA 1 $172.90 $172.90 $172.90 1.0×
Market A metro area (as the Census Bureau defines it) or, outside metro areas, a town. Each links to every hospital price there.
Hospitals How many hospitals publish a cash price for this code here. Each hospital counts once, at its lowest outpatient cash price.
Lowest The lowest cash price among those hospitals.
Median The middle cash price: half of the hospitals charge less, half charge more. One price per hospital. More
Highest The highest cash price among those hospitals. A single very high price can be an error in the file; check the median too.
Highest ÷ lowest How many times the highest cash price is above the lowest in the same market.

Common questions

What is CPT code 90867?

CPT 90867 is the billing code for TMS (transcranial magnetic stimulation), first session with mapping. TMS uses magnetic pulses to stimulate the brain for depression. This code is the first session.

How many sessions are needed?

Usually daily for about six weeks.

Is anesthesia needed?

No.

How much does Medicare pay for CPT 90867 (TMS therapy (first session))?

$220.60 is Medicare's 2026 national base rate for this service in a hospital outpatient department, including the patient's share and before the local wage adjustment. The median hospital cash price, $414.53 across 298 hospitals, is 1.9× that.

Is it cheaper to pay cash or use insurance for TMS therapy (first session)?

It depends on your deductible. Until you meet it, you pay your plan's negotiated rate, not the cash price. In hospital price files the highest negotiated rate for TMS therapy (first session) has a median of $799.88 and the lowest a median of $187.83; at 161 of 180 hospitals the cash price is below the highest negotiated rate. A cash payment may not count toward your deductible, so ask your plan for its rate at that hospital first.

Which states have the cheapest TMS therapy (first session)?

Among 20 states with at least 5 hospitals listing a cash price, the median is lowest in Louisiana ($134.68), Arkansas ($150.58) and Minnesota ($198.24), and highest in Colorado ($1,936.32), California ($963.20) and Massachusetts ($932.75). Prices vary as much between hospitals in the same state, so compare hospitals near you.