29550

Placement of strapping to toes

Medicare pricing data for 4,386 providers across 43 states

🤖AI Overview

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 toes (HCPCS code 29550) is a medical procedure billed to Medicare. The average Medicare-allowed cost is $16.52, but hospitals typically charge $62.21 — a 3.8x markup. Prices vary significantly by state and provider.

🏷️ Typical Out-of-Pocket Cost

$3.30

Medicare patients typically pay about 20% of the allowed amount as coinsurance. Based on the average allowed cost of $16.52, your out-of-pocket cost would be approximately $3.30. Actual costs depend on your specific plan, deductible, and whether you've met your annual out-of-pocket maximum.

Average Allowed Cost
$16.52
Average Hospital Charge
$62.21
Markup Ratio
3.8x

What Hospitals Charge vs. What Medicare Pays

Hospital Charge$62.21
Medicare Allowed$16.52
Medicare Payment$12.63

Hospitals charge 3.8x more than what Medicare allows for this procedure. Medicare actually pays $12.63 on average.

Cost by State

Medicare-allowed amounts vary significantly by state

StateAllowed CostHospital ChargeProvidersServicesvs. National
New York$21$867205,005+24.3%
Connecticut$19$8154132+16.8%
Massachusetts$19$71111648+12.5%
New Jersey$18$703551,926+9.1%
Delaware$17$642181+5.4%
Virginia$17$74128843+5.1%
Washington$17$6229184+2.1%
Pennsylvania$17$55149846+1.6%
Nebraska$17$75933+0.9%
Tennessee$17$4940186+0.7%
Texas$17$51169834+0.4%
Michigan$16$51105299-0.3%
Nevada$16$5918134-0.4%
New Mexico$16$5238100-0.5%
California$16$6456710,252-1.2%
Alabama$16$563268-1.7%
District of Columbia$16$607139-2.3%
Colorado$16$5147235-2.8%
North Carolina$16$4872434-2.9%
New Hampshire$16$671629-3.0%
Oregon$16$672495-3.4%
Utah$16$582362-3.6%
Iowa$16$48855-4.7%
Georgia$16$8673306-5.3%
West Virginia$16$53927-5.5%
Mississippi$16$831648-6.2%
Florida$15$504874,626-6.3%
Wisconsin$15$8137186-6.3%
Idaho$15$671556-7.0%
Arkansas$15$611290-7.1%
Kentucky$15$4328104-7.7%
Arizona$15$41112756-8.5%
Illinois$15$542845,341-8.7%
Maryland$15$451211,070-11.1%
Ohio$15$59115815-11.6%
Missouri$15$5834130-11.8%
Indiana$14$5843228-18.3%
South Carolina$13$4956424-19.3%
Oklahoma$13$541781-19.5%
Louisiana$13$7849135-20.0%
Maine$13$40773-23.3%
Minnesota$12$4911104-26.4%
Kansas$12$247180-28.6%

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

Related from TheDataProject.ai

💊 Need post-procedure medications? Check costs on OpenPrescriber