29540

Placement of strapping to ankle or foot

Medicare pricing data for 7,221 providers across 51 states

🤖AI Overview

Prices vary significantly by location — from $15 in Louisiana to $34 in New Mexico. 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 ankle or foot (HCPCS code 29540) is a medical procedure billed to Medicare. The average Medicare-allowed cost is $27.16, but hospitals typically charge $87.65 — a 3.2x markup. Prices vary significantly by state and provider.

🏷️ Typical Out-of-Pocket Cost

$5.43

Medicare patients typically pay about 20% of the allowed amount as coinsurance. Based on the average allowed cost of $27.16, your out-of-pocket cost would be approximately $5.43. Actual costs depend on your specific plan, deductible, and whether you've met your annual out-of-pocket maximum.

Average Allowed Cost
$27.16
Average Hospital Charge
$87.65
Markup Ratio
3.2x

What Hospitals Charge vs. What Medicare Pays

Hospital Charge$87.65
Medicare Allowed$27.16
Medicare Payment$20.69

Hospitals charge 3.2x more than what Medicare allows for this procedure. Medicare actually pays $20.69 on average.

Cost by State

Medicare-allowed amounts vary significantly by state

StateAllowed CostHospital ChargeProvidersServicesvs. National
New Mexico$34$16845530+25.6%
Vermont$31$87748+13.8%
Tennessee$31$691292,485+13.7%
District of Columbia$31$769105+12.6%
New York$30$1131,05520,582+10.2%
New Hampshire$29$5621416+6.6%
Alaska$29$87419+6.2%
New Jersey$29$1435446,906+5.3%
Massachusetts$28$761281,170+4.7%
Illinois$28$7950110,102+3.9%
California$28$971,08823,114+3.8%
Montana$28$76655+3.1%
Connecticut$28$9556647+2.9%
Colorado$28$6684867+2.9%
South Dakota$28$74319+1.7%
Wisconsin$28$10796847+1.5%
Maryland$27$661954,722+1.1%
Virginia$27$721831,790+0.4%
Pennsylvania$27$702442,419-2.2%
Arizona$26$691572,476-2.6%
Washington$26$6965468-3.1%
Hawaii$26$761495-3.5%
Michigan$26$672591,651-3.6%
Minnesota$26$7824346-3.7%
North Carolina$26$761472,158-3.8%
Wyoming$26$59986-4.1%
Kansas$26$6417350-4.6%
Utah$26$6547387-5.2%
Oregon$26$8141450-5.9%
Rhode Island$26$849103-6.0%
Ohio$25$632292,982-7.1%
Florida$25$6856819,613-7.9%
Puerto Rico$25$52536-8.0%
Delaware$25$8518207-8.7%
Indiana$25$771572,583-9.7%
Missouri$24$6577880-10.2%
Iowa$24$12649320-10.5%
Texas$24$742862,922-11.3%
Maine$24$701075-11.7%
Idaho$24$832099-12.9%
Nevada$23$6541322-13.5%
Alabama$23$5340260-13.6%
Georgia$23$811411,652-14.6%
Nebraska$23$7627349-15.2%
South Carolina$23$65802,014-16.0%
Arkansas$22$7414246-17.6%
Oklahoma$22$6044284-18.1%
Kentucky$22$52751,228-19.0%
West Virginia$21$5821159-23.6%
Mississippi$20$11524389-25.1%
Louisiana$15$6047833-44.6%

⚠️ 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