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 comparisonCPT 24620 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 | 23Emergency Room 22On Campus Outpatient Hospital |
| Common Modifiers | LTLeft side of body RTRight side of body |
| Hospital Outpatient Group (APC) | APC 5112 - Level 2 Musculoskeletal Procedures |
| Surgery Center Payment (ASC) | A2 - Paid separately, from the OPPS relative weight |
| Common Revenue Codes | 04500360Sign up to view all 7 |
| Medicare Fee Schedule | $567.82 national non-facility rate (2026)View Medicare rates for 24620 |
| Medicaid Fee Schedule | $454.95 median of the 8 states in the free previewView Medicaid rates for 24620 |
National average reimbursement for CPT 24620 by major payers:

$752.34
BCBS / Anthem

$744.14
UnitedHealthcare

$778.31
Aetna

$938.29
Cigna
Choose a payer to see a sample of rates for CPT 24620.
Lake Spivey Ambulatory Surgery Care, LLC, Spivey Station Surgery Center
Emory University
Dreyer Ambulatory Surgery Center, LLC
Dreyer Ambulatory Surgery Center LLC
Adventhealth Surgery Center Mills Park LLC, Adventhealth Surgery Center Mills Park
Adventhealth Surgery Center Mills Park LLC
Children 1st Grand Prairie, LLC, Children 1st Dental & Surgery Center
Fiduciary Wise, LLC Fbo Children 1st Dental & Surgery Center
Scottsdale Eye Institute, Plc, Scottsdale Eye Institute, Plc
Scottsdale Eye Institute Plc
Choose your state and specialty to build a report from payer-published rates.
Looking for other data?
Rate Benchmarking
Select a published rate, define comparable providers, and see where that rate falls in your market.
See a sample rate comparisonPayer Contract Negotiation
Use your fee schedule and market benchmarks to set target rates and draft a letter for your payer.
See a sample payer proposalCPT 24620 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 24620. Select one to see its fee schedule.
| Code | Description |
|---|---|
| 24600-CPT | Treatment Of Closed Elbow Disl, Treatment Of Closed Elbow Dislocation Without Anesthesiatreatment Of Closed Elbow Dislocation Without Anesthesia |
| 24605-CPT | Treatment Of Closed Elbow Disl, Treatment Of Closed Elbow Dislocation Requiring Anesthesia Treatment Of Closed Elbow Dislocation Requiring Anesthesia |
| 24615-CPT | Open Treatment Of Acute Or Chr, Open Treatment Of Acute Or Chronic Elbow Dislocationopen Treatment Of Acute Or Chronic Elbow Dislocation |
| 24620-CPT | Cltx Monteggia Fx Dislc Elbw, Closed Treatment Of Monteggia Type Of Fracture Dislocation At Elbow (Fracture Proximal End Of Ulna With Dislocation Of Radial Head) With Manipulation |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 24620. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 24620 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.
Bring your top codes (like CPT 24620) and we'll show you how you compare in 15 minutes or less.
Medicare's hospital outpatient payment system (OPPS) assigns CPT 24620 to APC 5112 (Level 2 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.
CMS lists CPT 24620 with ASC payment indicator A2: Paid separately, from the OPPS relative weight.
Hospital price transparency files list CPT 24620 under these revenue codes: including 0450, 0360, 0361, 0761 and 0981. A revenue code names the hospital department or charge category for the line; it does not change what the service is.