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See a sample rate comparisonCPT 27508 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 | 11Office 21Inpatient Hospital 23Emergency Room |
| Common Modifiers | LTLeft side of body RTRight side of body |
| Hospital Outpatient Group (APC) | APC 5111 - Level 1 Musculoskeletal Procedures |
| Surgery Center Payment (ASC) | A2 - Paid separately, from the OPPS relative weight |
| Common Revenue Codes | 04500360Sign up to view all 9 |
| Medicare Fee Schedule | $581.51 national non-facility rate (2026)View Medicare rates for 27508 |
| Medicaid Fee Schedule | $460.98 median of the 8 states in the free previewView Medicaid rates for 27508 |
National average reimbursement for CPT 27508 by major payers:

$741.05
BCBS / Anthem

$699.29
UnitedHealthcare

$736.13
Aetna

$852.17
Cigna
Choose a payer to see a sample of rates for CPT 27508.
Children'S National Ambulatory Surgery Center
Childrens Hospital
Ohio Specialty Surgical Suites, LLC
Ohio Specialty Surgical Suites LLC
Wellington Endoscopy Center LLC
Westside Outpatient Center, LLC, Palms Wellington Surgical Center
Westside Outpatient Center, LLC
Bethesda Endoscopy Center, LLC
Bethesda Endoscopy Center LLC
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Rate Benchmarking
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See a sample rate comparisonPayer Contract Negotiation
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See a sample payer proposalCPT 27508 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 27508. Select one to see its fee schedule.
| Code | Description |
|---|---|
| 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 |
| 27507-CPT | Open Treatment Of Femoral Shaf, Open Treatment Of Femoral Shaft Fracture With Platescrews With Or Without Cerclage Open Treatmentof Femoral Shaft Fracture With Platescrews |
| 27508-CPT | Closed Treatment Of Femoral Fr, Closed Treatment Of Femoral Fracture Distal End Medial Or Lateral Condyle Without Manipulation Closed Treatment Of Femoral Fracture Distal End Medial Or |
| 27510-CPT | Closed Treatment Of Femoral Fr, Closed Treatment Of Femoral Fracture Distal End Medial Or Lateral Condyle With Manipulation Closed Treatment Of Femoral Fracture Distal End Medial Or |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 27508. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 27508 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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Medicare's hospital outpatient payment system (OPPS) assigns CPT 27508 to APC 5111 (Level 1 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.
CMS lists CPT 27508 with ASC payment indicator A2: Paid separately, from the OPPS relative weight.
Hospital price transparency files list CPT 27508 under these revenue codes: including 0450, 0360, 0761, 0361 and 0510. A revenue code names the hospital department or charge category for the line; it does not change what the service is.