29240

Placement of strapping to shoulder

Medicare pricing data for 1,327 providers across 33 states

🤖AI Overview

Prices vary significantly by location — from $14 in Iowa to $33 in New York. Where you get this procedure matters more than almost any other factor. Note: These costs reflect the Medicare physician/supplier component. Hospital facility fees are billed separately and can be 2-5x the physician fee.

💡 What You Should Know

Placement of strapping to shoulder (HCPCS code 29240) is a medical procedure billed to Medicare. The average Medicare-allowed cost is $29.33, but hospitals typically charge $92.51 — a 3.2x markup. Prices vary significantly by state and provider.

🏷️ Typical Out-of-Pocket Cost

$5.87

Medicare patients typically pay about 20% of the allowed amount as coinsurance. Based on the average allowed cost of $29.33, your out-of-pocket cost would be approximately $5.87. Actual costs depend on your specific plan, deductible, and whether you've met your annual out-of-pocket maximum.

Average Allowed Cost
$29.33
Average Hospital Charge
$92.51
Markup Ratio
3.2x

What Hospitals Charge vs. What Medicare Pays

Hospital Charge$92.51
Medicare Allowed$29.33
Medicare Payment$22.94

Hospitals charge 3.2x more than what Medicare allows for this procedure. Medicare actually pays $22.94 on average.

Cost by State

Medicare-allowed amounts vary significantly by state

StateAllowed CostHospital ChargeProvidersServicesvs. National
New York$33$821542,494+13.8%
Maryland$33$6515216+12.3%
New Jersey$32$227109945+10.6%
California$32$803506,825+10.4%
Colorado$32$83933+8.9%
Massachusetts$31$1321023+4.8%
Pennsylvania$30$6220283+2.0%
Virginia$30$672687+1.6%
Rhode Island$30$67314+1.5%
Washington$29$9412195+0.2%
Connecticut$29$681040-0.3%
Texas$29$6236203-0.4%
Wyoming$29$91530-0.8%
Florida$29$6541394-1.2%
Kansas$29$681067-2.0%
Georgia$28$7218107-3.0%
South Carolina$28$6111216-5.1%
Alabama$28$69724-5.1%
Kentucky$28$761660-5.5%
West Virginia$27$59426-6.3%
Tennessee$27$62631,196-9.2%
Louisiana$27$657141-9.2%
North Carolina$26$821193-9.9%
Indiana$26$6043110-11.7%
Illinois$26$7742195-12.9%
Oklahoma$25$78959-14.2%
Michigan$24$981022-19.3%
Wisconsin$24$922652-19.7%
Arizona$19$137461,894-35.0%
Nevada$19$8912416-35.2%
Ohio$17$1392731-43.5%
Missouri$16$729117-45.2%
Iowa$14$24875-51.1%

⚠️ Important: These costs reflect the Medicare physician/supplier component. Hospital facility fees may be billed separately. Total out-of-pocket costs may be higher.

Related from TheDataProject.ai

💊 Need post-procedure medications? Check costs on OpenPrescriber