Important Notice: The figures generated by this tool are estimates only and do not represent guaranteed, projected, or actual revenue. Results will vary based on your specific payer contracts, locality, patient mix, and clinical decisions. CBM Medical Management assumes no liability for financial decisions made based on this calculator.

i
This is an estimating tool — not a revenue guarantee. The numbers generated below are based solely on the rates and session counts you enter. Actual reimbursements depend on your payer contracts, patient eligibility, deductibles, co-insurance, claim adjudication outcomes, and other clinical and administrative variables. CBM Medical Management provides this calculator as an educational resource to help providers explore potential revenue scenarios. Do not use these figures as a basis for financial commitments without consulting your billing and financial advisors.
1
Enter your fee schedule rates
Enter the rate your insurance carrier or Medicare rate for each CPT code in your area.
(To look up your Medicare rate, contact your Medicare intermediary or visit cms.gov.)

CPT 90867

Initial treatment delivery & motor threshold mapping

$

CPT 90868

Subsequent delivery & management

$

CPT 90869

Subsequent motor threshold re-mapping

$
2
Treatment configuration (per patient)
$216.98
$6,876.80
$0.00
3
Startup cost offset (optional)

TMS Practice Startup Expenses

Enter your total initial startup investment (equipment, build-out, training, etc.) to calculate estimated net revenue after offset. This is a simplified projection tool — consult a financial advisor for full cost analysis.

$
4
Number of patients
$
Estimated revenue

Total estimated revenue

Estimate Only — Not a Guarantee

Your region — fee schedule estimate

$0.00
per patient: $0.00  ·  1 patient(s)

Est. treatment revenue

CPT 90867 + 90868 + 90869

Est. eval & exam revenue

initial + mid + final

Est. screening revenue

PHQ-9 screenings

CPT 90867 subtotal (est.)
CPT 90868 subtotal (est.)
CPT 90869 subtotal (est.)
Clearance evaluation rate (est.)
Mid-point evaluation rate (est.)
Final evaluation rate (est.)
Depression screening rate (est.)
Estimated gross revenue
Patient volume comparison (estimates)
PatientsEst. Gross RevenueStartup CostEst. Net RevenueEst. Per Patient
Important Disclaimer — Please Read

This TMS Revenue Estimator is provided by CBM Medical Management, LLC as a free educational and planning resource for healthcare providers. The figures generated by this tool are estimates only and are based exclusively on the rates and session counts entered by the user.

CBM Medical Management makes no representations, warranties, or guarantees — express or implied — regarding the accuracy, completeness, or applicability of any revenue figures produced by this calculator. Results are hypothetical projections and do not constitute a promise, projection, or guarantee of actual revenue, reimbursement, or financial performance of any kind.

Actual reimbursements are affected by many variables outside the scope of this tool, including but not limited to: your specific payer contracts and fee schedules, patient insurance eligibility and benefits, deductibles, co-insurance and co-payments, claim adjudication and denial rates, prior authorization requirements, geographic locality adjustments, CPT code and modifier accuracy, documentation compliance, and changes in Medicare or commercial payer policy.

CBM Medical Management shall not be held liable or responsible for any financial decisions, commitments, investments, or outcomes made in reliance on the output of this calculator. Users are strongly encouraged to consult with a qualified billing specialist, financial advisor, and/or legal counsel before making any business or financial decisions related to opening or expanding a TMS practice.


For personalized revenue cycle guidance, TMS billing support, or a detailed practice analysis, contact CBM Medical Management directly:
Phone: (214) 295-5890  |  Contact Us  |  cbmmedicalmanagement.com

For Medicare fee schedule rates in your locality, visit cms.gov or contact your Medicare Administrative Contractor (MAC).