MedicareAnalytics
FY 2023 · Refreshed May 16, 2026
AK
RVU Analysis

Relative Value Units

Work RVU workload by code category, geography, and Medicare locality conversion factors. FY 2023.
Total RVU-Weighted Services
0.5B
Cumulative work RVU × services
Highest-RVU Locality
Manhattan
$1.13 conversion · 24.12M RVU
Top Code by RVU Load
99214
Office visit, established pt, level 4
Top State by RVU Load
CA
84.2M work RVUs

Top Codes by RVU × Volume

Work RVU × services rendered (higher = greater physician workload)
99214
Office visit, established pt, level 4
100.1
99213
Office visit, established pt, level 3
75.9
G0439
Annual wellness visit, subsequent
51.8
99232
Subsequent hospital care, level 2
41.1
99233
Subsequent hospital care, level 3
38.4
99203
Office visit, new pt, level 3
35.8
99204
Office visit, new pt, level 4
27.6
99396
Periodic prev. exam, established, 40-6
17.1
G0438
Annual wellness visit, initial
14.6
99497
Advance care planning, 30 min
12.3
99212
Office visit, established pt, level 2
9.9
70450
CT head/brain, w/o contrast
9.1

Top States by Total RVU Load

Aggregate work RVU volume across all Medicare services (millions)
CA
California
84.2M
FL
Florida
64.8M
TX
Texas
54.8M
NY
New York
47.2M
PA
Pennsylvania
35.4M
OH
Ohio
28.6M
IL
Illinois
26.4M
MI
Michigan
25.8M
NC
North Carolina
24.6M
GA
Georgia
22.1M
NJ
New Jersey
19.4M
MA
Massachusetts
18.2M

RVU Load by Category

Work RVU × services
total0.5B
E&M
346.6
73%
Prevention
96.4
20%
Imaging
18.0
4%
Procedure
4.9
1%
Cardiology
4.1
1%
Therapy
3.6
1%
Lab
1.7
0%

Medicare Physician Fee Schedule Localities

Top 10 localities by total RVU volume · FY 2023 conversion factors
#
Locality
State
RVU (M)
Conv. Factor
1
Manhattan
NY
24.12
1.13×
2
Los Angeles
CA
22.40
1.08×
3
San Francisco
CA
18.56
1.11×
4
Chicago
IL
16.33
1.04×
5
Houston
TX
15.12
1.02×
6
Miami
FL
14.01
1.05×
7
Boston
MA
12.56
1.07×
8
Seattle (King Co.)
WA
11.40
1.06×
9
Atlanta
GA
10.33
1.00×
10
Philadelphia
PA
9.88
1.05×
Conversion factor = Geographic Practice Cost Index adjustment applied to national non-facility rate. Manhattan and West LA consistently carry the highest cost adjustments.