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 comparisonCPT 29840 Fee Schedule
Medicare rates as of October 2026
CPT 29840 is classified under Surgery, in the Surgical Procedures on the Musculoskeletal System subgroup.
Wrist Surgery With Scope, Wrist Surgery Aided By A Scope (Arthroscopy). The Procedure May Include Taking A Sample Of Tissue Or Joint Fluid For Testing (Biopsy).
| Key Fact | Detail |
|---|---|
| Service Type | Surgery Surgical Procedures on the Musculoskeletal System |
| Common Place of Service | 24Ambulatory Surgical Center 22On Campus Outpatient 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 Codes | 03600960 |
| Medicare Fee Schedule | $441.23 national non-facility rate (2026)View Medicare rates for 29840 |
| Medicaid Fee Schedule | $352.94 median of the 8 states in the free previewView Medicaid rates for 29840 |
National average reimbursement for CPT 29840 by major payers:
$627.29
BCBS / Anthem
$605.35
UnitedHealthcare
$636.55
Aetna
$745.99
Cigna
Compare published rates across providers.
Choose a payer to see a sample of rates for CPT 29840.
CPT 29840
5 of 25 sample ratesHigher to lower in this preview
Ucsd Ambulatory Surgery Center, LLC, University Ambulatory Surgery Center
$14,972.00Published rateMenomonee Falls Ambulatory Surgery Center, LLC
Menomonee Falls Ambulatory Surgery Center
$3,481.00Published rateEndoscopy Center Of Bucks County, Lp
Endoscopy Center Of Bucks County Lp
$2,451.00Published rateVoa Ambulatory Surgery Center
$2,184.00Published rateEvergreen Endoscopy Center, LLC
Evergreen Endoscopy Center LLC
$1,017.00Published rate
Get a free rate benchmark for your specialty.
Choose your state and specialty to build a report from payer-published rates.
Looking for other data?
Use market rates to prepare your payer proposal.
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 proposalCPT 29840 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 29840. Select one to see its fee schedule.
| Code | Description |
|---|---|
| 29840-CPT | Wrist Surgery With Scope, Wrist Surgery Aided By A Scope (Arthroscopy). The Procedure May Include Taking A Sample Of Tissue Or Joint Fluid For Testing (Biopsy). |
| 29843-CPT | Arthroscopy,Wrist,Surg;Infection,Lavage, |
| 29844-CPT | Remove Wrist Joint Lining, Surgery Aided By A Scope (Arthroscopy) To Remove All Or A Portion Of The Lining Of The Wrist Joint. |
| 29845-CPT | Remove Wrist Joint Lining, Surgery Aided By A Scope (Arthroscopy) To Remove All Or A Portion Of The Lining Of The Wrist Joint. |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 29840. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the 29840 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 29840) and we'll show you how you compare in 15 minutes or less.
Frequently Asked Questions
What APC is CPT 29840 assigned to?
Medicare's hospital outpatient payment system (OPPS) assigns CPT 29840 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 29840 in an ambulatory surgery center?
CMS lists CPT 29840 with ASC payment indicator A2: Paid separately, from the OPPS relative weight.
Which revenue codes are billed with CPT 29840?
Hospital price transparency files list CPT 29840 under these revenue codes: 0360 and 0960. A revenue code names the hospital department or charge category for the line; it does not change what the service is.