PayerPrice
Data Platform
Who We Serve
Use Cases
More
Check Local Rates

CPT 27232 Fee Schedule

Last Verified: September 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.

Closed Treatment Of Femoral Fr, Closed Treatment Of Femoral Fracture Proximal End Neckwith Manipulation With Or Without Skeletaltraction Closed Treatment Of Femoral Fracture P Roximal End Neck
Key FactDetail
Service Type

Surgery

Surgical Procedures on the Musculoskeletal System

Common Place of Service

23 - Emergency Room

21 - Inpatient Hospital

Common Modifiers

None

54 - Surgical Care Only

LT - Left side of body

Complexity LevelHigh
Medicare Fee ScheduleView Medicare rates for 27232
Medicaid Fee ScheduleView Medicaid rates for 27232

National average reimbursement for CPT 27232 by major payers:

bcbs

$1,022.46

uhc

$1,018.93

aetna

$1,025.00

cigna

$1,235.02

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 27232.

CPT 27232
5 of 25 sample ratesHigher to lower in this preview
  1. Surgery Affiliate Of El Paso, LLC, Foundation Surgery Affiliate Of El Paso, LLC

    Surgery Affiliate Of El Paso LLC

    TXAmbulatory Surgical Clinic/CenterNPI 1881678662Tax ID 74-2797719

    $3,776.00Published rate
  2. Maple Lawn Surgery Center

    Maple Lawn Surgery Center, LLC

    MDAmbulatory Surgical Clinic/CenterNPI 1255577045Tax ID 26-2739529

    $1,276.00Published rate
  3. Integris Ddsi Endoscopy Centers LLC

    OKAmbulatory Surgical Clinic/CenterNPI 1497347934Tax ID 85-4253589

    $715.00Published rate
  4. Ns Surgical Center LLC

    KSAmbulatory Surgical Clinic/CenterNPI 1801323191Tax ID 81-4954399

    $570.00Published rate
  5. Wesley & Klippenstein, PC, Wesley Ophthalmic Plastic Surgery Center

    Wesley & Klippenstein, P.C.

    TNAmbulatory Surgical Clinic/CenterNPI 1679521389Tax ID 62-1799761

    $433.00Published rate

National sample. Rates vary by location, specialty, and contract.

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.

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 comparison

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 proposal

CPT 27232 vs. Other Surgical Procedures on the Musculoskeletal System Codes

The CPT 27232 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 27232 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
27230-CPTModerateClosed Treatment Of Femoral Fr, Closed Treatment Of Femoral Fracture Proximal End Neckwithout Manipulation Closed Treatment Of Femoral Fracture Proximal End Neck
27232-CPTHighClosed Treatment Of Femoral Fr, Closed Treatment Of Femoral Fracture Proximal End Neckwith Manipulation With Or Without Skeletaltraction Closed Treatment Of Femoral Fracture P Roximal End Neck
27235-CPTHighPercutaneous Skeletal Fixation, Percutaneous Skeletal Fixation Of Femoral Fracture Proximalend Neck Undisplaced Mildly Displaced Or Impacted Fracture
27236-CPTHighRepair And Secure A Broken Hip, Surgery To Repair A Broken Hip. Pins Wires Or Rods May Hold The Bone Together. The End Of The Bone May Be Replaced With An Artificial Part.

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 27232. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 27232 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 27232) and we'll show you how you compare in 15 minutes or less.