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See a sample rate comparisonCPT 24344 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 | RTRight side of body LTLeft side of body |
| Hospital Outpatient Group (APC) | APC 5114 - Level 4 Musculoskeletal Procedures |
| Surgery Center Payment (ASC) | J8 - Device-intensive procedure, paid at an adjusted rate |
| Common Revenue Codes | 0360 |
| Medicare Fee Schedule | $1,030.42 national non-facility rate (2026)View Medicare rates for 24344 |
| Medicaid Fee Schedule | $820.715 median of the 8 states in the free previewView Medicaid rates for 24344 |
National average reimbursement for CPT 24344 by major payers:

$1,548.61
BCBS / Anthem

$1,470.59
UnitedHealthcare

$1,518.80
Aetna

$1,792.89
Cigna
Choose a payer to see a sample of rates for CPT 24344.
East Mequon Surgery Center LLC
Ankeny Medical Park Surgery Center Lc
Ascent Surgery Center LLC
The El Dorado Ar Multispecialty Asc LLC, South Arkansas Surgery Center
The El Dorado Ar Multispecialty Asc LLC
Birmingham Ambulatory Surgical Center, PLLC, Truvista Surgery Center
Birmingham Ambulatory Surgical
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Rate Benchmarking
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See a sample payer proposalCPT 24344 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 24344. Select one to see its fee schedule.
| Code | Description |
|---|---|
| 24342-CPT | Reinsert Of Rupture Biceps Or Triceps Tndon Distal W/ Or W/, Reinsertion Of Ruptured Biceps Or Triceps Tendon Distal With Or With |
| 24343-CPT | Repair Lateral Collateral Ligament, Elbow, With Local Tissue |
| 24344-CPT | Reconstruct Elbow Lat Ligmnt, Reconstruction Lateral Collateral Ligament Elbow With Tendon Graft Includes Harvesting Of Graft |
| 24345-CPT | Repair Medial Collateral Ligament, Elbow, With Local Tissue |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 24344. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 24344 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 24344 to APC 5114 (Level 4 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.
CMS lists CPT 24344 with ASC payment indicator J8: Device-intensive procedure, paid at an adjusted rate.
Hospital price transparency files list CPT 24344 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.