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CPT 27332 Fee Schedule

Medicare rates as of October 2026

CPT 27332 is classified under Surgery, in the Surgical Procedures on the Musculoskeletal System subgroup.

Arthrotomy W/ Xcision Of Semilunar Cartilage (Meniscectomy) Knee, Arthrotomy With Excision Of Semilunar Cartilage (Meniscectomy) Knee;
Key FactDetail
Service Type

Surgery

Surgical Procedures on the Musculoskeletal System

Common Place of Service

22On Campus Outpatient Hospital

21Inpatient Hospital

Common Modifiers

RTRight side of body

LTLeft side of body

Hospital Outpatient Group (APC)APC 5113 - Level 3 Musculoskeletal Procedures
Surgery Center Payment (ASC)A2 - Paid separately, from the OPPS relative weight
Common Revenue Codes0360
Medicare Fee Schedule$614.91 national non-facility rate (2026)View Medicare rates for 27332
Medicaid Fee Schedule$490.905 median of the 8 states in the free previewView Medicaid rates for 27332

National average reimbursement for CPT 27332 by major payers:

BCBS / Anthem logo

$857.91

BCBS / Anthem

UnitedHealthcare logo

$868.61

UnitedHealthcare

Aetna logo

$887.09

Aetna

Cigna logo

$1,063.39

Cigna

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 27332.

CPT 27332
5 of 25 sample ratesHigher to lower in this preview
  1. The Emory Clinic Inc, Emory Ambulatory Surgery Center At Spivey Station

    Emory University

    GAAmbulatory Surgical Clinic/CenterNPI 1386165504Tax ID 58-2030692

    $6,941.00Published rate
  2. Christus Surgery Center Villages LLC, Christus Surgery Center - Shreveport

    Christus Surgery Center Villages LLC

    LAAmbulatory Surgical Clinic/CenterNPI 1598390015Tax ID 84-4975265

    $2,643.00Published rate
  3. Asc Development Company LLC

    MDAmbulatory Surgical Clinic/CenterNPI 1306134838Tax ID 20-3405773

    $1,763.00Published rate
  4. Oaks Surgery Center Lp

    Oaks Surgery Center Lp The Oak

    CAAmbulatory Surgical Clinic/CenterNPI 1922104710Tax ID 75-3019861

    $1,027.00Published rate
  5. The Kissimmee Fl Endoscopy Asc LLC, Kissimmee Endoscopy Center

    FLAmbulatory Surgical Clinic/CenterNPI 1639352347Tax ID 20-8927561

    $390.00Published rate

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

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CPT 27332 vs. Other Surgical Procedures on the Musculoskeletal System Codes

The table lists codes related to 27332. Select one to see its fee schedule.

CodeDescription
27332-CPTArthrotomy W/ Xcision Of Semilunar Cartilage (Meniscectomy) Knee, Arthrotomy With Excision Of Semilunar Cartilage (Meniscectomy) Knee;
27333-CPTArthrotomy W/ Xcision Of Semilunar Cartilage (Meniscectomy) Knee, Arthrotomy With Excision Of Semilunar Cartilage (Meniscectomy) Knee;
27334-CPTRemoval Of Knee Joint Lining, Exploration Of Knee Joint. The Procedure Includes Removal Of Inflamed Joint Lining To Alleviate Pain.
27345-CPTXcision Of Synovial Cyst Of Popliteal Spac (Eg Bakers Cyst), Excision Of Synovial Cyst Of Popliteal Space (Eg Bakers Cyst)

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 27332. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 27332 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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Frequently Asked Questions

What APC is CPT 27332 assigned to?


Medicare's hospital outpatient payment system (OPPS) assigns CPT 27332 to APC 5113 (Level 3 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.

How does Medicare pay for CPT 27332 in an ambulatory surgery center?


CMS lists CPT 27332 with ASC payment indicator A2: Paid separately, from the OPPS relative weight.

Which revenue codes are billed with CPT 27332?


Hospital price transparency files list CPT 27332 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.

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