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See a sample rate comparisonCPT 01340 is classified under Anesthesia, in the Anesthesia for Procedures on the Knee and Popliteal Area subgroup.
| Key Fact | Detail |
|---|---|
| Service Type | Anesthesia Anesthesia for Procedures on the Knee and Popliteal Area |
| Common Place of Service | 21 - Inpatient Hospital 22 - On Campus Outpatient Hospital |
| Common Modifiers | AA - Anesthesia by anesthesiologist QX - Qualified nonphysician anesthetist service: With medical direction by a physician |
| Complexity Level | Low |
| Medicare Fee Schedule | View Medicare rates for 01340 |
National average anesthesia conversion factor for CPT 01340 by major payers:

$60.63
BCBS / Anthem

$71.63
UnitedHealthcare

$63.99
Aetna

$54.24
Cigna
Choose a payer to see a sample of rates for CPT 01340.
Efren Baria
Louise Furukawa
Bhupendra Dodhiawala
Guthrie Medical Group PC
Shunmugaraja Subbiah Md A Professional Medical Corporation
Anthony Nelson
Anthony Nelson, M.D., A Medical Corporation
Choose your state and specialty to build a report from payer-published rates.
Rate Benchmarking
Select a published rate, define comparable providers, and see where that rate falls in your market.
See a sample rate comparisonPayer Contract Negotiation
Use your fee schedule and market benchmarks to set target rates and draft a letter for your payer.
See a sample payer proposalCPT 01340 vs. Other Anesthesia for Procedures on the Knee and Popliteal Area Codes
The table lists codes related to 01340. Select one to see its fee schedule.
| Code | Complexity | Description |
|---|---|---|
| 01320-CPT | Low | Anesthesia For All Procedures, Anesthesia For All Procedures On Nerves Muscles Tendons Fascia And Bursae Of Knee Andor Popliteal Area |
| 01340-CPT | Low | Anesthesia For The Thigh Bone, Anesthesia Services For A Procedure That Does Not Involve Breaking The Skin (Such As Resetting A Dislocation) Involving The Femur (Thigh Bone). |
| 01360-CPT | Moderate | Anes Lower 1/3 Femur Open |
| 01380-CPT | Low | Anesthesia For Joint Procedure, Anesthesia Services For A Noninvasive Procedure Involving A Joint Such As A Scope-Assisted Exam. Common Exam Sites Include Hip Knee Shoulder Wrist Ankle And Elbow. |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 01340. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 01340 fee schedule helps patients estimate costs and providers optimize billing for accurate reimbursements.
Factors that affect fee schedules
Medicare & Medicaid Rates
Government-set reimbursement amounts
Private Insurance Rates
Negotiated rates between providers and insurance companies
Geographic Location
Costs may be higher in urban areas.
Provider Type
Hospital providers may have different rates than private practice.
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