Shockwave Coronary IVL Reimbursement

The below information is provided to assist in the accurate coding of Coronary Intravascular Lithotripsy (IVL) procedures with Shockwave IVL catheters. IVL is the energy-based generation of ultrasonic acoustic pressure waves for modification, fracture, and fragmentation of vascular calcification.

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Coronary IVL Physician Coding and Reimbursement

For calendar year 2026 (CY2026), The Centers for Medicare & Medicaid Services (CMS) has assigned CPT® code +92972 – a Category I Add-on code for procedures involving Coronary IVL – a total relative value unit (RVU) of 3.66 and a work related RVU value of 2.90. Based on the assigned total RVUs, the national Medicare physician facility payment is $122. These RVUs and physician payments for +92972 are effective January 1, 2026.

Coronary IVL CPT® Code +92972 in CY2026

CPT  Description  Work RVUs1  Physician Facility Payment1,2 
+92972  Percutaneous transluminal coronary lithotripsy  +2.90 $122*

*Physician Facility Payment is based on Total RVUs

Application & Impact of Coronary IVL CPT Code +92972

The tables below provide examples of how utilizing Coronary IVL and reporting CPT® code +92972 in conjunction with a primary procedure code impacts the total work RVUs and physician facility payment associated with a procedure.

CPT® code +92972 is an add-on code and may be used with all primary CPT® codes for PCI. For a complete description of appropriate use of +92972, please refer to the most current edition of the CPT® codebook from AMA CPT® Editorial Panel. The tables below describe the impact that +92972 has on the primary PCI procedure codes with which Coronary IVL is most frequently utilized. The RVUs and payment associated with +92972 are in addition to payments associated with the primary procedure.

Impact on Work RVUs When Shockwave Coronary IVL is Performed

Without Coronary IVL With Coronary IVL
CPT® Description Work RVUs1 Work RVUs1 Total Work RVUs
92920 PTCA without stent* 8.14

+

2.90

=

11.04
92924 Atherectomy without stent* 9.88

+

2.90

=

12.78
92928 PCI with stent 9.75

+

2.90

=

12.65
92930 PCI with stent (multiple lesions) 12.00

+

2.90

=

14.90
92933 Atherectomy with stent 11.64

+

2.90

=

14.54
92943 CTO (antegrade) 13.35

+

2.90

=

16.25
92945 CTO (antegrade & retrograde) 15.00

+

2.90

=

17.90

*Coronary IVL is indicated for use prior to stent implantation.

Impact on Payment When Shockwave Coronary IVL is Performed

Without Coronary IVL With Coronary IVL
CPT® Description Physician Facility Payment1,2 Physician Facility Payment1,2 Total Physician Facility Payment
92920 PTCA without stent* $387

+

$122

=

$509
92924 Atherectomy without stent* $469

+

$122

=

$591
92928 PCI with stent $463

+

$122

=

$585
92930 PCI with stent (multiple lesions) $505

+

$122

=

$627
92933 Atherectomy with stent $553

+

$122

=

$675
92943 CTO (antegrade) $634

+

$122

=

$756
92945 CTO (antegrade & retrograde) $632

+

$122

=

$754

*Coronary IVL is indicated for use prior to stent implantation.

CPT® 2025 American Medical Association. All rights reserved. CPT® is a registered trademark of the American Medical Association
1. CMS-1832-F; Medicare Physician Fee Schedule, MPFS, Calendar Year 2026 Final Rule. 10/31/25, Addendum B, using conversion factor $33.4009. Additional physician facility payment is based on total RVUs.
2. National payment rates listed utilized conversion factor of $33.4009. These rates do not factor in geographical or additional adjustments. Providers should contact their local Medicare Administrative Contractor for specific payment information.

Download the 2026 Physician Coding and Payment Guide for more information

Coronary IVL Hospital Coding and Reimbursement

Hospital Inpatient Coding & Payments for Coronary IVL

Medicare reimburses acute inpatient care under the FY2026 IPPS, which utilizes the MS-DRG system for payment. When Coronary IVL is performed in the hospital inpatient setting, the hospital discharge is typically assigned to one of the MS-DRGs listed below. Performance of additional procedures may change the MS-DRG assignment. The below FY2026 payments are effective as of October 1, 2025.

Accordion Section

Coronary IVL with Stent Placement

MS-DRG  Description  FY2026 Medicare Base Payment1 
323 Coronary IVL with intraluminal device with MCC $31,489
324 Coronary IVL with intraluminal device without MCC $22,929 

Coronary IVL without Stent Placement*

MS-DRG  Description  FY2026 Medicare Base Payment1 
325 Coronary IVL without Intraluminal Device $23,361

 

 

The following International Classification of Diseases Procedure Code (ICD-10-PCS) codes are specific to hospital inpatient procedures involving the use of Shockwave IVL on one or more coronary arteries. Codes associated with stent procedures as well any other procedures performed may also be applicable. Coronary IVL ICD-10-PCS codes must be billed in order to obtain Shockwave IVL MS-DRGs.

ICD-10-PCS  Descriptor 
02F03ZZ  Fragmentation in coronary artery, one artery, percutaneous approach 
02F13ZZ  Fragmentation in coronary artery, two arteries, percutaneous approach 
02F23ZZ  Fragmentation in coronary artery, three arteries, percutaneous approach 
02F33ZZ  Fragmentation in coronary artery, four or more arteries, percutaneous approach 

 

MCC: Major Complications and Comorbidities; CC: Complications and Comorbidities
*Coronary IVL is indicated for use prior to stent placement
1: CMS-1833-F; MS-DRG Base Rates shown are based on Medicare Inpatient Prospective Payment System FY2026 Final Rule, Table 1 & Table 5. National average payment rates assume full update amount for hospitals which have submitted quality data and hospitals have a wage index greater than 1. Site specific payment rates will vary based on regional area wage differences, teaching hospital status, indirect medical education costs, quality data, additional payments to hospitals that treat a large percentage of low-income patients (“disproportionate share payments”), etc. MS-DRG payment rates shown do not include sequestration reduction.

PCI with Stent Placement

MS-DRG  Description  FY2026 Medicare Base Payment1 
321 PCI with Intraluminal Device with MCC or 4+ Arteries $19,799
322 PCI with Intraluminal Device without MCC $12,829

PCI without Stent Placement

MS-DRG  Description  FY2026 Medicare Base Payment1 
250 PCI without intraluminal device with MCC $15,882 
251 PCI without intraluminal device without MCC $10,875

 

MCC: Major Complications and Comorbidities; CC: Complications and Comorbidities
1: CMS-1833-F; MS-DRG Base Rates shown are based on Medicare Inpatient Prospective Payment System FY2026 Final Rule, Table 1 & Table 5. National average payment rates assume full update amount for hospitals which have submitted quality data and hospitals have a wage index greater than 1. Site specific payment rates will vary based on regional area wage differences, teaching hospital status, indirect medical education costs, quality data, additional payments to hospitals that treat a large percentage of low-income patients (“disproportionate share payments”), etc. MS-DRG payment rates shown do not include sequestration reduction.

Atherectomy with Stent Placement

MS-DRG Description FY2026 Medicare Base Payment1
359 Percutaneous Coronary Atherectomy with Intraluminal Device with MCC $25,022
360 Percutaneous Coronary Atherectomy with Intraluminal Device without MCC $17,568

Atherectomy without Stent Placement

MS-DRG Description FY2026 Medicare Base Payment1
318 Percutaneous Coronary Atherectomy without Intraluminal Device $17,626

 

MCC: Major Complications and Comorbidities; CC: Complications and Comorbidities
1: CMS-1833-F; MS-DRG Base Rates shown are based on Medicare Inpatient Prospective Payment System FY2026 Final Rule, Table 1 & Table 5. National average payment rates assume full update amount for hospitals which have submitted quality data and hospitals have a wage index greater than 1. Site specific payment rates will vary based on regional area wage differences, teaching hospital status, indirect medical education costs, quality data, additional payments to hospitals that treat a large percentage of low-income patients (“disproportionate share payments”), etc. MS-DRG payment rates shown do not include sequestration reduction.

Hospital Outpatient Coding & Payments for Coronary IVL

The Centers for Medicare and Medicaid Services (CMS) reimburses hospital outpatient departments using Ambulatory Payment Classification assignments (APCs). As part of the 2026 Final Rule, the Coronary IVL Healthcare Common Procedure Coding System (HCPCS) code C1761 and CPT® add-on code +92972 should be billed in combination with a designated primary procedure code when Coronary IVL is performed. A list of primary procedure codes commonly used with Coronary IVL can be found below. Payment rates for these designated APCs are intended to provide payment under the OPPS for complete services or procedures and are effective January 1, 2026.

Graphic showing hospital outpatient coding for Shockwave coronary IVL. Text reads Primary (J1) Procedure Code(s) [example: C9600 (PCI with Stent)] + C1761 (Coronary IVL HCPCS Code) + +92972 (Coronary IVL CPT Add-on Code

Primary CPT® Procedure Codes Commonly Used with Coronary IVL

CPT® Description APC/Status Indicator1 2026 National Payment1
92920 Percutaneous transluminal coronary angioplasty; single major coronary artery and/or its branch(es). 5192/J1 $5,815
92924 Percutaneous transluminal coronary atherectomy, with coronary angioplasty when performed; single major coronary artery and/or its branch(es). 5193/J1 $11,794
92928 Percutaneous transcatheter placement of intracoronary stent(s), with coronary angioplasty when performed; single major coronary artery and/or its branch(es); one lesion involving one or more coronary segments. 5193/J1 $11,794
92930 Percutaneous transcatheter placement of intracoronary stent(s), with coronary angioplasty when performed, single major coronary artery and/or its branch(es); two or more distinct coronary lesions with two or more coronary stents deployed into or more coronary segments, or a bifurcation lesion requiring angioplasty and/or stenting in both the main artery and the side branch. 5194/J1 $18,729
92933 Percutaneous transluminal coronary atherectomy, with intracoronary stent, with coronary angioplasty when performed; single major coronary artery and/or its branch(es). 5194/J1 $18,729
92937 Percutaneous transluminal revascularization of or through coronary artery bypass graft (internal mammary, free arterial, venous), any combination of intracoronary stent, atherectomy and angioplasty, including distal protection when performed; single major coronary artery and/or its branch(es). 5193/J1 $11,794
92941 Percutaneous transluminal revascularization of acute total/subtotal occlusion during acute myocardial infarction, any combination of intracoronary stent, atherectomy and angioplasty, including aspiration thrombectomy when performed, single major coronary artery and/or its branches or single bypass graft and/or its subtended branches. Inpatient only
92943 Percutaneous transluminal revascularization of chronic total occlusion, single coronary artery, coronary artery branch, or coronary artery bypass graft, and/or subtended major coronary artery branches of the bypass graft, any combination of intracoronary stent, atherectomy and angioplasty; antegrade approach. 5193/J1 $11,794
92945 Percutaneous transluminal revascularization of chronic total occlusion, single coronary artery, coronary artery branch, or coronary artery bypass graft, and/or subtended major coronary artery branches of the bypass graft, any combination of intracoronary stent, atherectomy and angioplasty; combined antegrade and retrograde approach. 5193/J1 $11,794
C9600 Percutaneous transcatheter placement of drug eluting intracoronary stent(s), with coronary angioplasty when performed; single major coronary artery or branch. 5193/J1 $11,794
C9602 Percutaneous transluminal coronary atherectomy, with drug eluting intracoronary stent, with coronary angioplasty when performed; single major coronary artery or branch. 5194/J1 $18,729
C9604 Percutaneous transluminal revascularization of or through coronary artery bypass graft (internal mammary, free arterial, venous), any combination of drug-eluting intracoronary stent, atherectomy and angioplasty, including distal protection when performed; single vessel. 5193/J1 $11,794
C9606 Percutaneous transluminal revascularization of acute total/subtotal occlusion during acute myocardial infarction, coronary artery or coronary artery bypass graft, any combination of drug-eluting intracoronary stent, atherectomy and angioplasty, including aspiration thrombectomy when performed, single vessel. Inpatient only
C9607 Percutaneous transluminal revascularization of chronic total occlusion, coronary artery, coronary artery branch, or coronary artery bypass graft, any combination of drug-eluting intracoronary stent, atherectomy and angioplasty; single vessel. 5194/J1 $18,729

 

CPT® 2025 American Medical Association. All rights reserved. CPT® is a registered trademark of the American Medical Association.
1. CMS-1834-FC, Addenda D1, J1 = Comprehensive APC, All covered services on the claim are packaged with the primary “J1” service on the claim.

Third party reimbursement amounts for specific procedures will vary by payer and by locality. This information is current as of November 2025 but is subject to change without notice. Amounts do not reflect any subsequent changes in payment since publication. To confirm reimbursement rates, you should consult with your local MAC for specific codes. Providers should select the most appropriate HCPCS code(s) with the highest level of detail to describe the service(s) rendered to the patient. Any questions should be directed to the pertinent local payer.

The coding, coverage, and payment information contained herein is gathered from various resources and is subject to change without notice. Shockwave Medical cannot guarantee success in obtaining third-party insurance payments. Third-party payment for medical products and services is affected by numerous factors. It is always the provider’s responsibility to determine and submit appropriate codes, charges, and modifiers for services that are rendered. Providers should contact their third-party payers for specific information on their coding, coverage, and payment policies. Amounts reflect the base payment rate before adjustments, including any sequestration or geographic adjustments. Payment rates are updated periodically by CMS, and the above information does not represent a guarantee of coverage or reimbursement.

Download the 2025-2026 Hospital & Ambulatory Surgery Center (ASC) Coding & Payment Guide