During 2012 one biopsy in particular was conducted quite a few times (221,798 to be exact).
Consumers enrolled in Original Medicare paid $38.32 on average in out-of-pocket per procedure*. The average amount paid to physicians was higher than the median (middle value), suggesting that higher cost providers performed more of this particular procedure.
If consumers shop this procedure around among providers, they may stand to save on out-of-pocket costs. The standard deviation in allowed amounts was $64.00.
Chart Source: http://tabsoft.co/1twNeKS
*Avg Medicare Allowed – Average Medicare Payment
Source: Medicare.gov, HealthyHive.com
Comments are closed.