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    v1.0.28
    OpenPayerBilling CodesNational Codes Established for State Medicaid AgenciesHCPCS hcpcs-t2050-financial-management-self-directed-waiver-per-diem
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    HCPCS Level II T2050: Financial Management, Self-Directed, Per Diem

    HCPCS Level II code T2050 denotes financial management, self-directed, waiver; per diem, a service that provides daily administrative and fiscal support for individuals managing self-directed care budgets under waiver programs; service type is financial management for self-directed waiver programs and the typical site of service is community-based or home- and waiver-program settings where beneficiaries direct their own supports.

    For related coverage guidance, see recent payer policy updates: Interferential Stimulation Devices (for home use), Durable Medical Equipment (DME): Tumor Treating Fields (Alternating Electric Field Therapy) Medical Guideline, Durable Medical Equipment (DME): Bone Growth Stimulators Medical Guideline.

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    Table of contents

    Progress1 / 7

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    Clinical & Coding Specifications

    Clinical Context

    A typical patient for T2050 is an adult participant in a Medicaid or state waiver program who directs their own long‑term services and supports through a consumer‑directed or self‑directed model. The individual has cognitive capacity or a legally authorized representative who manages a personal budget to hire and supervise caregivers, arrange respite, and cover authorized services on a per diem basis. A common scenario: a 72‑year‑old with chronic functional limitations due to stroke who qualifies for a Home and Community‑Based Services waiver elects self‑direction. A financial management entity (FME) provides per‑diem fiscal intermediary services to process payroll, manage budgets, issue tax documents, and ensure vendor payments under the waiver. Clinical workflow includes initial enrollment and verification of waiver eligibility by the case manager, authorization of per‑diem financial management units by the payer, onboarding of caregivers, ongoing timesheet submission and approval, monthly reconciliation of expenditures by the FME, and periodic audits. Documentation maintained in the record includes the waiver plan of care, authorization for self‑directed services, payment authorizations, timesheets, caregiver qualifications, and financial reconciliation reports.

    Related CPT Codes

    CPT CodeDescriptionRelationship to This Procedure
    99324Domiciliary, rest home, or custodial care services, initial; under 18 years — per dayRelated when professional visits to assess waiver participants occur; used for billed clinician visits in long‑term care settings.
    99327Domiciliary, rest home, or custodial care services, established patient; 20 minutesUsed for periodic clinician follow‑up visits that support ongoing authorization of self‑directed services.
    96127Brief emotional/behavioral assessment (e.g., depression inventory)Performed when assessing participant capacity for self‑direction or need for behavioral supports that affect budgeted services.
    99600Home infusion/specialty infusion care services — initialIncluded when participants also receive medically necessary home infusion services coordinated alongside waiver financial management (billing separate clinical services).
    T1020Administration of medication by licensed nurseFrequently provided to waiver participants and billed separately from T2050; documents clinical tasks funded through the waiver budget.

    Related Modifiers

    8 rows

    ModifierDescriptionWhen to Use
    22Modifier –22 (Increased Procedural Services) is used when a reported procedure is substantially more extensive than normally required. The CPT Manual and CMS state it may be appended only when the…- When to use: Append modifier -22 to a procedural CPT code when the service performed is substantially more extensive than the usual service described by that code — i.e., the procedure required…
    23Modifier -23 (Unusual Anesthesia) is used on anesthesia service CPT codes when a procedure that normally requires no anesthesia or only local anesthesia must be performed under general anesthesia…- Use modifier -23 only on anesthesia CPT codes (00100–01999) when a procedure that normally requires no anesthesia or only local anesthesia must be performed under general anesthesia because of…
    52Modifier ‑52 (Reduced Services) indicates that a service or procedure was partially reduced or omitted at the provider’s discretion, allowing reporting of the basic procedure number with a qualifier…- Use modifier -52 when a physician or qualified health professional electively reduces or omits part of a procedure or service (for example, performing fewer required views or omitting a portion of…
    53Modifier 53 (Discontinued Procedure) signals that a surgical or diagnostic service was begun by the physician but terminated because of extenuating circumstances that threatened the patient’s…- Use modifier -53 when a physician/qualified healthcare professional has started a surgical or diagnostic procedure (e.g., anesthesia administered, incision or scope insertion) and then discontinues…
    54Modifier ‑54 (“Surgical care only”) is appended to a CPT surgical procedure when the reporting surgeon performs the intraoperative (surgical) component but does not furnish the preoperative and/or…- Use modifier -54 when the reporting surgeon provided only the intraoperative (surgical) component of a procedure and preoperative and/or postoperative management has been or will be provided by…
    55Modifier –55 indicates the billing provider furnished only postoperative management for a procedure that has a global surgical period. According to AAPC, this modifier is appended to the same CPT…- Use modifier -55 when billing the same CPT surgical code that has a 10- or 90-day global period and you, as a provider other than the original surgeon, furnished ONLY postoperative management (no…
    56Modifier ‑56 indicates the reporting provider furnished only the preoperative management for a surgical procedure and did not perform the intraoperative or postoperative care. It is used in…- Use Modifier -56 when a provider performs only the preoperative management in a split‑care situation (one physician manages preop care while a different physician performs the intraoperative…
    62Modifier 62 indicates that two surgeons function as co‑surgeons, each performing distinct parts of the same primary surgical procedure. It is appended to the primary procedure code (and any…- Use modifier -62 when two surgeons act as co‑surgeons (both primary surgeons) on a single definitive primary procedure, each performing distinct parts of the same surgical procedure (append -62 to…

    Related Provider Taxonomies

    8 rows

    Taxonomy CodeSpecialtyNotes
    163W00000XRegistered Nurse(1) A registered nurse is a person qualified by graduation from an accredited nursing school (depending upon schooling, a registered nurse may receive…
    174400000XSpecialistAn individual educated and trained in an applied knowledge discipline used in the performance of work at a level requiring knowledge and skills beyond…
    251J00000XNursing Care AgencyA Nursing Care Agency is an entity that provides skilled nursing care through the services of a Registered Nurse (RN) or a Licensed Practical Nurse (L…
    163WD0400XDiabetes Educator Registered NurseNursing Service Providers · Registered Nurse
    156FX1202XOptometric TechnicianAn optometric technician assists optometrists by performing duties, including but not limited to, basic eye testing, diagnostic tests, and assistance …
    247ZC0005XClinical Laboratory Director (Non-physician)An individual who is state-licensed as a clinical laboratory director and meets the qualifications in the Clinical Laboratory Improvement Amendments o…
    261QM0855XAdolescent and Children Mental Health Clinic/CenterAn entity, facility, or distinct part of a facility providing diagnostic, treatment, and prescriptive services related to mental and behavioral disord…
    342000000XTransportation Network CompanyA ride-sharing company that provides prearranged or contracted non-emergency medical transportation services to patients through mobile or online tech…

    Related ICD-10-CM Codes

    26 rows

    ICD-10-CM CodeDescription
    E11.9Type 2 diabetes mellitus without complications
    F03.90Unspecified dementia, unspecified severity, without behavioral disturbance, psychotic disturbance, mood disturbance, and anxiety
    F20.9Schizophrenia, unspecified
    F32.9Major depressive disorder, single episode, unspecified
    F33.1Major depressive disorder, recurrent, moderate
    F70Mild intellectual disabilities
    F71Moderate intellectual disabilities
    F72Severe intellectual disabilities
    F73Profound intellectual disabilities
    F79Unspecified intellectual disabilities

    Showing 1–10 of 26

    Related Payer Policy Updates

    Specialty: Durable Medical Equipment (DME)1 / 2

    5 rows

    PolicyPayerEffective Date
    Interferential Stimulation Devices (for home use)Moda Health2026-10-01
    Durable Medical Equipment (DME): Tumor Treating Fields (Alternating Electric Field Therapy) Medical GuidelineWPS Health Insurance2026-10-01
    Durable Medical Equipment (DME): Bone Growth Stimulators Medical GuidelineWPS Health Insurance2026-10-01
    General Durable Medical Equipment (DME) Medical GuidelineWPS Health Insurance2026-10-01
    Prior Authorization for Durable Medical Equipment (DME)Blue Cross Blue Shield - Rhode Island2026-10-01

    Related Codes

    HCPCS-LEVEL-II-T1030-NURSING-CARE-HOME-REGISTERED-NURSE-PER-DIEM

    HCPCS Level II T1030: Nursing Care in Home by Registered Nurse, Per Diem

    HCPCS-LEVEL-II-T2014-PREVOCATIONAL-HABILITATION-PER-DIEM

    HCPCS Level II T2014: Habilitation, Prevocational, Waiver; Per Diem

    HCPCS-LEVEL-II-T2020-DAY-HABILITATION-WAIVER-PER-DIEM

    HCPCS Level II T2020: Day Habilitation, Waiver; Per Diem

    HCPCS-LEVEL-II-T2047-HABILITATION-PREVOCATIONAL-WAIVER

    HCPCS Level II T2047: Habilitation Prevocational Waiver, per 15 minutes

    HCPCS-LEVEL-II-T4535-DISPOSABLE-INCONTINENCE-LINER-PAD

    HCPCS Level II T4535: Disposable Incontinence Liner/Pad

    HCPCS-LEVEL-II-T4538-REUSABLE-DIAPER-PER-DIAPER

    HCPCS Level II T4538: Reusable Diaper, Each

    HCPCS-T1000-PRIVATE-DUTY-LICENSED-NURSING-15-MIN

    HCPCS Level II T1000: Private Duty Licensed Nursing, up to 15 Minutes

    HCPCS-T1001-NURSING-ASSESSMENT-EVALUATION

    HCPCS Level II T1001: Nursing Assessment/Evaluation

    HCPCS-T1002-RN-SERVICES-15-MINUTES

    HCPCS T1002: RN Services, Up to 15 Minutes

    HCPCS-T1003-LPN-LVN-SERVICES-15-MINUTES

    HCPCS Level II T1003: LPN/LVN Services, Up to 15 Minutes

    Showing 1–10 of 113

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    Frequently Asked Questions

    References

    1. 1.CPT® Codes and Descriptions. AAPC. Retrieved Aug 11, 2026.Maintains the CPT code set's official descriptions and guidelines, licensed from the American Medical Association, used as the definitional source for CPT codes on this page.
    2. 2.HCPCS Quarterly Update. Centers for Medicare & Medicaid Services (CMS). Retrieved Aug 11, 2026.CMS's quarterly release of HCPCS Level II codes and short/long descriptors, the source for HCPCS code definitions and update history.
    3. 3.ICD-10-CM Full Code List. Centers for Medicare & Medicaid Services (CMS). Retrieved Aug 11, 2026.CMS's complete ICD-10-CM diagnosis code list, used to cross-reference diagnosis codes associated with this procedure or service.
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