MedicaidReimbursementHigh impact
Attention Provider Type (PT) 20 (Physician, M.D., Osteopath, D.O.), PT 24 (Advanced Practice Registered Nurses) and 74 (Nurse Midwife): 5% Rate Increase Approved for PT 20 and Rate Parity for PT 24 and PT 74
Nevada Medicaid·NV·Reimbursement
Effective date
Jan 1, 2024
We identified it
Jun 21, 2026
Summary
Nevada Medicaid approved a 5% rate increase for physicians (PT 20) and rate parity for nurse practitioners (PT 24) and nurse midwives (PT 74), meaning APRNs and midwives now get paid the same rates as physicians. The anesthesia conversion factor also increased from $22.57 to $23.70, all effective January 1, 2024.
Action Required
Immediately: Billing team should verify that Nevada Medicaid claims for PT 20, PT 24, and PT 74 providers with dates of service on or after January 1, 2024 are processing at the new higher rates. Monitor future remittance advice for automatic reprocessing results. Update fee schedules in billing system to reflect the new rates and anesthesia conversion factor of $23.70. No immediate action required as Nevada Medicaid will automatically reprocess affected claims.