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

CPT 27427 Fee Schedule

Last Verified: October 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.

Lig.Reconstr,Knee;Extra-Articular
Key FactDetail
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 LevelModerate
Medicare Fee ScheduleView Medicare rates for 27427
Medicaid Fee ScheduleView Medicaid rates for 27427

National average reimbursement for CPT 27427 by major payers:

bcbs

$930.53

uhc

$965.89

aetna

$1,054.01

cigna

$1,175.92

Compare published rates across providers.

Choose a payer to see a sample of rates for CPT 27427.

CPT 27427
5 of 25 sample ratesHigher to lower in this preview
  1. Kyle Morse

    CAOrthopaedic Surgery of the Spine PhysicianNPI 1669903688Tax ID 99-2631260

    $4,228.74Published rate
  2. Nitin N Bhatia

    Regents Of The University Of California

    CAOrthopaedic Surgery of the Spine PhysicianNPI 1477633550Tax ID 95-3887518

    $3,141.62Published rate
  3. Jeffrey Wong

    Orthowest

    CAOrthopaedic Surgery PhysicianNPI 1164790507Tax ID 84-3548431

    $1,088.08Published rate
  4. David Nelles

    CAOrthopaedic Surgery of the Spine PhysicianNPI 1760710610Tax ID 17-60710610

    $750.20Published rate
  5. Keith Brookenthal

    The Adolescent & Children'S Orthopedic Surgeons, Inc.

    CAOrthopaedic Surgery PhysicianNPI 1437118163Tax ID 20-3433047

    $533.78Published 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 27427 vs. Other Surgical Procedures on the Musculoskeletal System Codes

The CPT 27427 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 27427 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
27412-CPTHighAutologous Chondrocyte Implantation, Knee
27427-CPTModerateLig.Reconstr,Knee;Extra-Articular
27428-CPTHighLigamentous Reconstr (Augment) Knee Intra-Articular (Open, Ligamentous Reconstruction (Augmentation) Knee; Intra-Articular (Open
27429-CPTHighLigamentous Reconstr (Augment) Knee Intra-Articular (Open, Ligamentous Reconstruction (Augmentation) Knee; Intra-Articular (Open

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 27427. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 27427 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 27427) and we'll show you how you compare in 15 minutes or less.

Frequently Asked Questions