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 26118 Fee Schedule
Last Verified: October 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.
Radical Resct Of Tumor (Eg Sarcom) Sft Tissue Of Hand Or Finge, Radical Resection Of Tumor (Eg Sarcoma) Soft Tissue Of Hand Or Finge
| Key Fact | Detail |
|---|---|
| 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 LT - Left side of body RT - Right side of body |
| Complexity Level | High |
| Medicare Fee Schedule | View Medicare rates for 26118 |
| Medicaid Fee Schedule | View Medicaid rates for 26118 |
National average reimbursement for CPT 26118 by major payers:
$1,398.55
$1,446.56
$1,474.90
$1,753.33
Compare published rates across providers.
Choose a payer to see a sample of rates for CPT 26118.
CPT 26118
5 of 25 sample ratesHigher to lower in this preview
Post Street Surgery Center, LLC
Post Street Surgery Center LLC
$2,944.00Published rateSouth Denver Surgical Services LLC, South Denver Urology Center
South Denver Surgical Services LLC
$1,750.00Published rateElmira Asc LLC
$1,379.00Published rateJohns Hopkins Surgery Centers Series
Johns Hopkins Surgery Center Series
$1,090.00Published ratePodiatry Associates Ambulatory Surgical Centers LLC
$734.00Published rate
Get a free rate benchmark for your specialty.
Choose your state and specialty to build a report from payer-published rates.
Use market rates to prepare your payer proposal.
Payer Contract Negotiation
Draft a fee schedule renegotiation letter.
Use your fee schedule and market benchmarks to set target rates and draft a letter for your payer.
See a sample payer proposalCPT 26118 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The CPT 26118 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 26118 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.
| Code | Complexity | Description |
|---|---|---|
| 26111-CPT | Moderate | Excision Tumor Or Vascular Ma, Excision Tumor Or Vascular Malformation Soft Tissue Of Hand Or Finger Subcutaneous 1.5 Cm Or Greater |
| 26113-CPT | Moderate | Exc Hand Tum Deep 1 5 Cm, Excision Tumor Soft Tissue Or Vascular Malformation Of Hand Or Finger Subfascial Eg Intramuscular 1 5 Cm Or Greater |
| 26115-CPT | Moderate | Xcision Tumor Or Vasculr Malform Sft Tissue Of Hand Or Finge, Excision Tumor Or Vascular Malformation Soft Tissue Of Hand Or Finge |
| 26118-CPT | High | Radical Resct Of Tumor (Eg Sarcom) Sft Tissue Of Hand Or Finge, Radical Resection Of Tumor (Eg Sarcoma) Soft Tissue Of Hand Or Finge |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 26118. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 26118 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.
FREE SAMPLE MARKET COMPARISON
Let's review your payer contracts side-by-side with the market.
Bring your top codes (like CPT 26118) and we'll show you how you compare in 15 minutes or less.