62223

Creation of brain fluid drainage shunt, ventriculo-peritoneal, -pleural, other terminus

Medicare pricing data for 3,516 providers across 47 states

🤖AI Overview

This procedure has a 7.1x markup — hospitals charge $4,898 but Medicare allows only $691.47. Uninsured patients may face bills 7.1 times higher than what insurance negotiates. Prices vary significantly by location — from $437 in Idaho to $930 in Rhode Island. Where you get this procedure matters more than almost any other factor. This is a specialized procedure with relatively few Medicare claims. Pricing data may be less reliable due to smaller sample sizes. 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

Creation of brain fluid drainage shunt, ventriculo-peritoneal, -pleural, other terminus (HCPCS code 62223) is a medical procedure billed to Medicare. The average Medicare-allowed cost is $691.47, but hospitals typically charge $4,898 — a 7.1x markup. Prices vary significantly by state and provider.

🏷️ Typical Out-of-Pocket Cost

$138.29

Medicare patients typically pay about 20% of the allowed amount as coinsurance. Based on the average allowed cost of $691.47, your out-of-pocket cost would be approximately $138.29. Actual costs depend on your specific plan, deductible, and whether you've met your annual out-of-pocket maximum.

Average Allowed Cost
$691.47
Average Hospital Charge
$4,898
Markup Ratio
7.1x

What Hospitals Charge vs. What Medicare Pays

Hospital Charge$4,897.68
Medicare Allowed$691.47
Medicare Payment$550.93

Hospitals charge 7.1x more than what Medicare allows for this procedure. Medicare actually pays $550.93 on average.

Cost by State

Medicare-allowed amounts vary significantly by state

StateAllowed CostHospital ChargeProvidersServicesvs. National
Rhode Island$930$4,1261745+34.5%
District of Columbia$830$2,4451527+20.1%
New York$822$10,156207553+18.9%
Illinois$773$5,570145295+11.8%
Connecticut$764$4,67839163+10.5%
Alaska$761$12,6921116+10.0%
Massachusetts$760$6,05192273+9.9%
Pennsylvania$753$5,293164367+9.0%
Montana$749$2,9842031+8.3%
Florida$734$3,841283736+6.1%
New Jersey$731$16,592100202+5.8%
Mississippi$730$3,0692351+5.5%
Texas$722$4,186256603+4.4%
Maryland$715$3,84470221+3.4%
New Mexico$712$2,6551723+2.9%
Michigan$702$5,710108189+1.5%
Virginia$701$3,73580211+1.4%
California$692$4,261303943+0.1%
Louisiana$688$3,35459131-0.5%
Missouri$687$3,54885166-0.7%
Georgia$686$3,72499201-0.7%
Washington$669$2,24299203-3.2%
Nevada$669$7,9163378-3.3%
Arkansas$666$2,9713662-3.6%
Colorado$660$3,8095485-4.5%
Indiana$659$3,57363131-4.7%
New Hampshire$652$6,8201435-5.7%
Ohio$644$3,325141352-6.8%
Oregon$636$2,7284885-8.0%
Delaware$636$3,7022157-8.1%
Oklahoma$634$2,51840110-8.3%
Arizona$626$2,42570259-9.5%
Vermont$626$5,315818-9.5%
Kentucky$606$3,0015196-12.4%
North Carolina$606$3,50490182-12.4%
South Carolina$603$4,35067154-12.8%
Utah$603$3,2632037-12.9%
West Virginia$592$2,623917-14.3%
Iowa$585$4,7642562-15.4%
Minnesota$582$5,28081253-15.8%
Kansas$582$2,6853585-15.8%
Alabama$573$3,50253119-17.1%
Wisconsin$567$12,28475138-18.1%
Tennessee$562$3,14495200-18.7%
Nebraska$560$3,2882855-19.0%
South Dakota$529$2,8702034-23.6%
Idaho$437$2,5372130-36.8%

⚠️ 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