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See a sample rate comparisonCPT 27506 is classified under Surgery, in the Surgical Procedures on the Musculoskeletal System subgroup.
| Key Fact | Detail |
|---|---|
| Service Type | Surgery Surgical Procedures on the Musculoskeletal System |
| Common Place of Service | 21Inpatient Hospital 22On Campus Outpatient Hospital |
| Common Modifiers | RTRight side of body LTLeft side of body |
| Hospital Outpatient Group (APC) | APC 5114 - Level 4 Musculoskeletal Procedures |
| Surgery Center Payment (ASC) | J8 - Device-intensive procedure, paid at an adjusted rate |
| Add-on Codes | 20702 |
| Common Revenue Codes | 03600960Sign up to view all 4 |
| Medicare Fee Schedule | $1,223.14 national non-facility rate (2026)View Medicare rates for 27506 |
| Medicaid Fee Schedule | $972.24 median of the 8 states in the free previewView Medicaid rates for 27506 |
National average reimbursement for CPT 27506 by major payers:

$1,737.94
BCBS / Anthem

$1,801.10
UnitedHealthcare

$1,926.81
Aetna

$2,178.85
Cigna
Choose a payer to see a sample of rates for CPT 27506.
Endoscopy Center Of Inland Empire Inc
Novant Health Brunswick Endoscopy Center, LLC, Novant Health Brunswick Endoscopy
Novant Health Brunswick Endoscopy Center LLC
Pain Care Surgery, PC
Pain Care Surgery PC
Smart Pain Surgery Center At Owings Mills, LLC, Clearway Surgery Center Of Owings Mills
Smart Pain Surgery Center At Owings Mills LLC
Skin & Mohs Surgery Center, LLC
Skin Mohs Surgery Center LLC
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Rate Benchmarking
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See a sample payer proposalCPT 27506 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 27506. Select one to see its fee schedule.
| Code | Description |
|---|---|
| 27500-CPT | Closed Treatment Of Femoral Sh, Closed Treatment Of Femoral Shaft Fracture Withoutmanipulation Closed Treatment Of Femoral Shaft Fracture Without |
| 27501-CPT | Closed Treatment Of Supracondy, Closed Treatment Of Supracondylar Or Transcondylarfemoralfracture With Or Without Intercondylar Ext Ension Without Manipulation |
| 27503-CPT | Treatment Of Thigh Fracture, Closed Treatment Of Supracondylar Or Transcondylar Femoral Fracture With Or Without Intercondylar Extension With Manipulation With Or Without Skin Or Skeletal Traction |
| 27506-CPT | Treatment Of Thigh Fracture, Open Treatment Of Femoral Shaft Fracture With Or Without External Fixation With Insertion Of Intramedullary Implant With Or Without Cerclage And Or Locking Screws |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 27506. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 27506 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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CPT 27506 reports open treatment of a femoral shaft fracture with an intramedullary implant (rod or nail), with or without external fixation, cerclage or locking screws. Fixation with a plate and screws uses 27507.
CPT 27506 has a 90-day global period. It is almost always performed in a hospital, so the facility rate is the relevant Medicare benchmark.
Medicare pays the surgeon for CPT 27506 under the Physician Fee Schedule, adjusted for the local cost of practice, and the hospital or surgery center bills a separate facility fee. Commercial payers negotiate their own professional rates, often as a percentage of Medicare, and those contracts vary widely by payer, plan and market.
This page lists the rates commercial payers have published for CPT 27506 in their Transparency in Coverage files, so you can compare payers and see where a contract falls. For government benchmarks, PayerPrice also has the Medicare fee schedule lookup and Medicaid fee schedules by state.
Medicare's hospital outpatient payment system (OPPS) assigns CPT 27506 to APC 5114 (Level 4 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.
CMS lists CPT 27506 with ASC payment indicator J8: Device-intensive procedure, paid at an adjusted rate.
CMS add-on code edits list CPT 27506 as a primary code for these add-on codes: 20702.
Hospital price transparency files list CPT 27506 under these revenue codes: 0360, 0960, 0975 and 0989. A revenue code names the hospital department or charge category for the line; it does not change what the service is.