29530

Placement of strapping to knee

Medicare pricing data for 2,491 providers across 38 states

🤖AI Overview

Prices vary significantly by location — from $14 in Iowa to $32 in New Jersey. 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 knee (HCPCS code 29530) is a medical procedure billed to Medicare. The average Medicare-allowed cost is $29.07, but hospitals typically charge $102.86 — a 3.5x markup. Prices vary significantly by state and provider.

🏷️ Typical Out-of-Pocket Cost

$5.81

Medicare patients typically pay about 20% of the allowed amount as coinsurance. Based on the average allowed cost of $29.07, your out-of-pocket cost would be approximately $5.81. Actual costs depend on your specific plan, deductible, and whether you've met your annual out-of-pocket maximum.

Average Allowed Cost
$29.07
Average Hospital Charge
$102.86
Markup Ratio
3.5x

What Hospitals Charge vs. What Medicare Pays

Hospital Charge$102.86
Medicare Allowed$29.07
Medicare Payment$22.70

Hospitals charge 3.5x more than what Medicare allows for this procedure. Medicare actually pays $22.70 on average.

Cost by State

Medicare-allowed amounts vary significantly by state

StateAllowed CostHospital ChargeProvidersServicesvs. National
New Jersey$32$3151822,090+9.0%
New York$31$1103363,585+7.7%
California$31$746538,680+6.4%
Colorado$30$631561+3.9%
Connecticut$30$67518+3.9%
Massachusetts$29$9730132+1.4%
Virginia$29$8942321+1.0%
Delaware$29$73311+0.2%
Maryland$29$5463725-0.6%
Minnesota$29$121833-0.8%
Oregon$29$76842-1.1%
Washington$29$7719316-1.7%
Rhode Island$28$60430-4.6%
South Carolina$28$6029203-4.9%
Kansas$28$862192-5.1%
Pennsylvania$27$9366317-5.8%
Utah$27$611017-6.3%
Texas$27$8277293-6.4%
North Carolina$27$8441264-6.6%
Tennessee$27$6370878-6.9%
West Virginia$27$623123-7.7%
Florida$26$7371324-9.7%
Georgia$26$10448152-11.5%
Indiana$26$6577403-11.8%
Kentucky$26$8635123-11.9%
Michigan$25$9455126-13.7%
Alabama$25$1271858-15.3%
Ohio$24$1075191-15.8%
New Mexico$24$681518-16.2%
Missouri$24$641269-16.9%
Louisiana$23$6120749-19.8%
Mississippi$23$871222-20.8%
Nevada$23$8612203-21.0%
Arizona$22$10272641-24.9%
Wisconsin$22$8052108-25.2%
Illinois$21$71134921-28.1%
Oklahoma$20$921455-30.4%
Iowa$14$30943-52.8%

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

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💊 Need post-procedure medications? Check costs on OpenPrescriber