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See a sample rate comparisonCPT 27340 Fee Schedule
Last Verified: September 2026
Healthcare providers use this code to document and receive reimbursement for visits that address moderate-level medical decision-making, often including multiple diagnoses or prescription management.
Excision, Prepatellar Bursa
| 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 RT - Right side of body LT - Left side of body |
| Complexity Level | Moderate |
| Medicare Fee Schedule | View Medicare rates for 27340 |
| Medicaid Fee Schedule | View Medicaid rates for 27340 |
National average reimbursement for CPT 27340 by major payers:
$518.41
$497.74
$528.96
$619.11
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CPT 27340
5 of 25 sample ratesHigher to lower in this preview
Metrocrest Surgery Center Lp, Baylor Surgicare At Carrollton
Metrocrest Surgery Center Lp
$3,150.00Published rateBanner Mesa Surgery Center LLC
$1,968.00Published rateSouthern Oklahoma Surgical Center Inc
Southern Oklahoma Surgical Center, Inc.
$1,363.00Published rateChristopher Mcmullin
Deaconess Hospital Inc
$646.39Published ratePaul Brinton
Deaconess Hospital Inc
$296.98Published rate
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See a sample payer proposalCPT 27340 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The CPT 27340 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 27340 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 |
|---|---|---|
| 27340-CPT | Moderate | Excision, Prepatellar Bursa |
| 27345-CPT | Moderate | Xcision Of Synovial Cyst Of Popliteal Spac (Eg Bakers Cyst), Excision Of Synovial Cyst Of Popliteal Space (Eg Bakers Cyst) |
| 27347-CPT | Moderate | Xcision Of Lesion Of Meniscus Or Cpsul(Eg Cyst Ganglion) Knee, Excision Of Lesion Of Meniscus Or Capsule (Eg Cyst Ganglion) Knee |
| 27405-CPT | Moderate | Suture Collat Ligament Knee Prim |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 27340. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 27340 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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