Skip to main content
List Your Clinic
Insurance & Coverage

CMS Proposes Outcomes-Linked Medicare Reimbursement for TMS

CMS proposed updated reimbursement rates for TMS CPT codes that would link a portion of payment to patient-reported outcome data submitted by treating clinics.

Insurance & Coverage June 20, 2025 · CMS ↗

CMS proposed an update to Medicare reimbursement rates for TMS CPT codes 90867, 90868, and 90869 that would link approximately 8% of per-session payment to patient-reported outcome data. Under the proposal, clinics would submit standardized PHQ-9 scores at intake and at session 30. Clinics with documented response rates above the national mean would receive the full per-session rate; those below would receive a base rate.

The proposal is part of a broader CMS effort to tie behavioral health reimbursement to measurable outcomes. Industry response has been mixed. The Clinical TMS Society expressed support for the principle while raising concerns about case-mix adjustment — clinics treating more severely ill or treatment-resistant patients may show lower aggregate response rates despite providing high-quality care.

Public comment is open through August. A final rule is expected by year-end with implementation phased over 2026 and 2027. Private payers historically follow Medicare rate-setting decisions, so the proposal is being closely watched across the sector.

Source

Reporting based on coverage from CMS. This article is editorial summary intended for general information; it is not medical advice.

Stay current with TMS therapy.

New FDA actions, clinical trial results, and coverage updates — covered as they happen.