PayerPrice
Data Platform
Who We Serve
Use Cases
More
Check Local Rates

CPT 20694 Fee Schedule

Last Verified: September 2026

Healthcare providers use this code to document and receive reimbursement for visits that address moderate-level medical decision-making, often including multiple diagnoses or prescription management.

Remove External Bone Hardware, Removal Of External Fixation System (Metal Hardware Placed Outside Of The Skin To Stabilize Broken Bones).
Key FactDetail
Service Type

Surgery

Surgical Procedures on the Musculoskeletal System

Common Place of Service

21 - Inpatient Hospital

22 - On Campus Outpatient Hospital

Common Modifiers

None

58 - Staged or related procedure during postoperative period

RT - Right side of body

Complexity LevelModerate
Medicare Fee ScheduleView Medicare rates for 20694
Medicaid Fee ScheduleView Medicaid rates for 20694

National average reimbursement for CPT 20694 by major payers:

bcbs

$549.80

uhc

$573.59

aetna

$611.36

cigna

$566.90

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 20694.

CPT 20694
5 of 25 sample ratesHigher to lower in this preview
  1. Peak One Surgery Center, LLC, Peak One Surgery Center

    Peak One Surgery Center LLC

    COAmbulatory Surgical Clinic/CenterNPI 1609876556Tax ID 20-1620230

    $4,618.00Published rate
  2. Santa Barbara Surgery Center Lp

    CAAmbulatory Surgical Clinic/CenterNPI 1023191822Tax ID 37-1846158

    $1,528.00Published rate
  3. Jonathan Balagna

    Deaconess Hospital Inc

    INInterventional Cardiology PhysicianNPI 1871932442Tax ID 35-0593390

    $743.15Published rate
  4. Madison Street Surgery Center, LLC

    Madison Street Surgery Center LLC

    COAmbulatory Surgical Clinic/CenterNPI 1326132291Tax ID 84-1499650

    $555.00Published rate
  5. J J Young Md, The Cataract Center Of Lawton

    J J Young Md

    OKAmbulatory Surgical Clinic/CenterNPI 1588777130Tax ID 73-1221077

    $300.00Published rate

National sample. Rates vary by location, specialty, and contract.

Get a free rate benchmark for your specialty.

Choose your state and specialty to build a report from payer-published rates.

Use market rates to prepare your payer proposal.

Rate Benchmarking

Compare your rates with similar providers.

Select a published rate, define comparable providers, and see where that rate falls in your market.

See a sample rate comparison

Payer Contract Negotiation

Draft a fee schedule renegotiation letter.

Use your fee schedule and market benchmarks to set target rates and draft a letter for your payer.

See a sample payer proposal

CPT 20694 vs. Other Surgical Procedures on the Musculoskeletal System Codes

The CPT 20694 code is part of the Surgery services used for Surgical Procedures on the Musculoskeletal System. It represents a moderate-complexity encounter and is one of several codes that vary based on time spent, level of medical decision-making, and documentation requirements.

The CPT 20694 code involves more provider time and moderate medical decision-making, unlike lower-level codes that require less time and simpler assessments. It typically includes multiple diagnoses, medication management, or test interpretation, leading to higher reimbursement and more detailed documentation requirements.

CodeComplexityDescription
20692-CPTHighApplication Of A Multiplane (P, Application Of A Multiplane (Pins Or Wires In Morethan One Plane) Unilateral External Fixation Sy Stem (E.G. Ilizarov Monticelli Type)
20693-CPTModerateAdjustment Or Revision Of Exte, Adjustment Or Revision Of External Fixation Systemrequiringanesthesia (Eg New Pin(S) Or Wire(S) An Dor New Ring(S) Or Bar(S))
20694-CPTModerateRemove External Bone Hardware, Removal Of External Fixation System (Metal Hardware Placed Outside Of The Skin To Stabilize Broken Bones).
20696-CPTHighApp Mltpln Uni Xtrnl Fix 1st, Application Of Multiplane Pins Or Wires In More Than 1 Plane Unilateral External Fixation With Stereotactic Computer Assisted Adjustment Eg Spatial Frame Including Imaging Initial And Subsequent Alignment S Assessment S And Computation S Of Adjustment Schedule S

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 20694. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 20694 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.

FREE SAMPLE MARKET COMPARISON

Let's review your payer contracts side-by-side with the market.

Bring your top codes (like CPT 20694) and we'll show you how you compare in 15 minutes or less.