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See a sample rate comparisonCPT 24332 is classified under Surgery, in the Surgical Procedures on the Musculoskeletal System subgroup.
| Key Fact | Detail |
|---|---|
| Service Type | Surgery Surgical Procedures on the Musculoskeletal System |
| Common Place of Service | 24Ambulatory Surgical Center 22On Campus Outpatient Hospital |
| Common Modifiers | 59Distinct Procedural Service RTRight side of body |
| Hospital Outpatient Group (APC) | APC 5113 - Level 3 Musculoskeletal Procedures |
| Surgery Center Payment (ASC) | G2 - Paid separately, from the OPPS relative weight |
| Common Revenue Codes | 0360 |
| Medicare Fee Schedule | $589.86 national non-facility rate (2026)View Medicare rates for 24332 |
| Medicaid Fee Schedule | $471.23 median of the 8 states in the free previewView Medicaid rates for 24332 |
National average reimbursement for CPT 24332 by major payers:

$845.64
BCBS / Anthem

$818.04
UnitedHealthcare

$825.63
Aetna

$1,006.09
Cigna
Choose a payer to see a sample of rates for CPT 24332.
Howard Community Surgery Center LLC
Surgery Center Of Scottsdale, LLC
Surgery Center Of Scottsdale LLC
Sacred Heart Asc, LLC
Sacred Heart Asc LLC
Syringa Surgical Center
Syringa Surgical Center, LLC
Ambulatory Surgery Center Of Tucson, Inc.
Ambulatory Surgery Center Of Tucson Inc
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See a sample payer proposalCPT 24332 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 24332. Select one to see its fee schedule.
| Code | Description |
|---|---|
| 24305-CPT | Tendon Lengthening,Upper Arm/Elbow, Sing |
| 24330-CPT | Move Upper Arm Muscle, Surgery To Transfer Upper Arm Muscle Attachment To New Location On Elbow. The Procedure Is Done To Restore Movement To The Elbow. |
| 24331-CPT | Move Upper Arm Muscle, Surgery To Transfer Upper Arm Muscle Attachment To New Location On Elbow. The Procedure Is Done To Restore Movement To The Elbow. |
| 24332-CPT | Tenolysis, Triceps |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 24332. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 24332 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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Medicare's hospital outpatient payment system (OPPS) assigns CPT 24332 to APC 5113 (Level 3 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.
CMS lists CPT 24332 with ASC payment indicator G2: Paid separately, from the OPPS relative weight.
Hospital price transparency files list CPT 24332 under these revenue codes: 0360. A revenue code names the hospital department or charge category for the line; it does not change what the service is.