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CPT 23440 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.

Surgery On Upper Arm Tendon, Surgery To Remove Biceps Tendon From Original Attachment On Shoulder Socket And Transplant To Upper Arm Bone.
Key FactDetail
Service Type

Surgery

Surgical Procedures on the Musculoskeletal System

Common Place of Service

24 - Ambulatory Surgical Center

22 - On Campus Outpatient Hospital

Common Modifiers

None

RT - Right side of body

LT - Left side of body

Complexity LevelModerate
Medicare Fee ScheduleView Medicare rates for 23440
Medicaid Fee ScheduleView Medicaid rates for 23440

National average reimbursement for CPT 23440 by major payers:

bcbs

$990.17

uhc

$902.99

aetna

$782.87

cigna

$1,291.11

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 23440.

CPT 23440
5 of 25 sample ratesHigher to lower in this preview
  1. Hinsdale Surgical Center, LLC

    Adventist Midwest Health

    ILAmbulatory Surgical Clinic/CenterNPI 1841234150Tax ID 36-2276984

    $4,175.00Published rate
  2. Endoscopy Consultants, LLC

    Endoscopy Consultants LLC

    GAAmbulatory Surgical Clinic/CenterNPI 1740328947Tax ID 51-0425612

    $3,347.00Published rate
  3. Advanced Surgery Center Of Orlando LLC

    FLAmbulatory Surgical Clinic/CenterNPI 1326309394Tax ID 45-3785008

    $2,400.00Published rate
  4. Fresenius Vascular Care Cincinnati Asc LLC, Azura Surgery Center Cincinnati

    Fresenius Vascular Care Cincinnati Asc LLC

    OHAmbulatory Surgical Clinic/CenterNPI 1437691177Tax ID 81-4225843

    $1,750.00Published rate
  5. Olivia Cody

    Deaconess Hospital Inc

    INPhysician AssistantNPI 1063101368Tax ID 35-0593390

    $603.39Published rate

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

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CPT 23440 vs. Other Surgical Procedures on the Musculoskeletal System Codes

The CPT 23440 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 23440 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
23430-CPTModerateMove Tendon In Upper Arm, Surgery To Cut The Normal Attachment Of The Biceps Tendon On The Shoulder Socket And Reattach It To The Arm Bone. The Procedure Treats Biceps Tendon Inflammation Or Injury.
23440-CPTModerateSurgery On Upper Arm Tendon, Surgery To Remove Biceps Tendon From Original Attachment On Shoulder Socket And Transplant To Upper Arm Bone.
23450-CPTHighCapsulorrhaphy Anterio; Putti-Platt Proc Or Magnuson Typ Opera, Capsulorrhaphy Anterior; Putti-Platt Procedure Or Magnuson Type Opera
23455-CPTHighRepair Shoulder Capsule, Reattachment Of Shoulder Joint Capsule And Cartilage Without Bone Transfer With Repair Of Shoulder Rim

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 23440. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 23440 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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