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CPT 23465 Fee Schedule

Last Verified: January 2026

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

Capsul-Recur.Disloc,Post,W/Wo Block
Key FactDetail
Service Type

Surgery

Surgical Procedures on the Musculoskeletal System

Common Place of Service

22 - On Campus Outpatient Hospital

24 - Ambulatory Surgical Center

Common Modifiers

None

RT - Right side of body

LT - Left side of body

Complexity LevelHigh
Medicare Fee ScheduleView Medicare rates for 23465

National average reimbursement for CPT 23465 by major payers:

bcbs

$1,521.48

uhc

$1,516.22

aetna

$1,538.59

cigna

$1,873.89

Preview provider-level rates for...
For billing codeCPT 23465
PayerCodeRateNPITax IDStateSpecialty

Select a payer to view fee schedule data

Choose a payer from the options above to see rates for CPT 23465

United
23465$5433.001154956928 - ADVANCED SURGICAL CARE OF CLEARWATER LLC833698204 - (FL) ADVANCED SURGICAL CARE OF CLEARWATER LLCFLAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$2600.001437501145 - NORTH CARE ASC, LLC810851059 - (CO) NORTH CARE ASC LLCCOAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$5966.001396342481 - PIEDMONT ASC LLC851448653NCAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$2500.001427577840 - DIALYSIS ACCESS CENTER OF CINCINNATI, INC.815023998 - (OH) DIALYSIS ACCESS CENTER OF CINCINNATI INCOHAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$4234.001154844553 - LONE STAR ENDOSCOPY CENTER, LLC, LONE STAR ENDOSCOPY SOUTHLAKE273635726TXAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$2781.001245635093 - PARK RIDGE SURGERY CENTER, LLC464468691 - (CO) PARK RIDGE SURGERY CENTER LLCCOAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$2656.001962676304 - 32ND STREET SURGERY CENTER, LLC261339811 - (MO) 32ND STREET SURGERY CENTER, L.L.C.MOAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$1751.001033517263 - ISLAND AMBULATORY SURGERY CENTER464518870 - (NY) ISLAND AMBULATORY SURGERY CENTERNYAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$2927.001447613344 - PREMIER SURGICAL CENTER LLC811222482 - (MO) PREMIER SURGICAL CENTER LLCMOAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$1709.001497942460 - ORTHOPAEDIC SURGERY CENTER OF ASHEVILLE, LP, OUTPATIENT SURGERY CENTER OF ASHEVILLE621843091 - (NC) ORTHOPAEDIC SURGERY CENTER OF ASHEVILLE LPNCAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$1942.001336112200 - MERCER COUNTY SURGERY CENTER LLC, MERCER COUNTY SURGERY CENTER223774069 - (NJ) MERCER COUNTY SURGERY CENTER, LLCNJAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$8238.001407592769 - TEXAS HEALTH SURGERY CENTER WILLOW PARK LLC, TEXAS HEALTH ORTHOPEDIC AND SPINE SURGERY CENTER841953918 - (TX) TEXAS HEALTH SURGERY CENTER WILLOW PARK LLCTXAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$4184.001528762671 - BOULEVARD ENT SURGERY CENTER LLC921460644 - (TN) BOULEVARD ENT SURGERY CENTER LLCTNAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$1800.001588062400 - EAR NOSE AND THROAT SURGERY CENTER LLC464525209 - (NV) EAR NOSE AND THROAT SURGERY CENTER LLCNVAmbulatory Surgical Clinic/Center (261QA1903X)
United
23465$4234.001811995913 - DALLAS SURGICAL PARTNERS, LLC, BAYLOR SCOTT & WHITE SURGICARE752813815 - (TX) DALLAS SURGICAL PARTNERS LLCTXAmbulatory Surgical Clinic/Center (261QA1903X)
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist

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CPT 23465 vs. Other Surgical Procedures on the Musculoskeletal System Codes

The CPT 23465 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 23465 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
23440-CPTModerateResect/Transplant Long Tendon Bicep
23455-CPTHighCapsulorrhaphy Bankart
23460-CPTHighCapsul-Recur.Disloc,Any;Bone Block
23465-CPTHighCapsul-Recur.Disloc,Post,W/Wo Block

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 23465. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 23465 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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