CPT stands for Current Procedural Terminology. CPT codes are a standardized set of medical codes used by healthcare professionals and facilities to describe medical, surgical, and diagnostic services provided to patients. These codes are crucial for accurate billing, claims processing, and reimbursement by insurance companies.

How can I find the cost of a specific medical procedure?

To find the cost of a specific medical procedure, especially when you have the CPT code and your geographic location, you can utilize price transparency tools. We recommend using Payerprice, which provides a fee schedule lookup tool. This tool allows users to search for estimated costs by entering a CPT code and their specific location, helping you understand potential expenses.

What factors influence the cost of healthcare procedures?

The cost of healthcare procedures is influenced by numerous factors, including the type of facility (e.g., hospital, outpatient clinic, doctor's office), geographic location, the specific medical providers involved, the complexity and duration of the procedure, whether it's an emergency, and the negotiated rates between your insurance company and the healthcare provider. Prices can vary significantly even within the same city.

Why do prices for the same medical procedure vary so much?

Price variations for the same procedure are common due to differences in negotiated rates between providers and various insurance plans, overhead costs of different healthcare facilities, regional market competition, and historical lack of widespread price transparency. Tools like Payerprice aim to mitigate this by offering specific fee schedule data based on CPT codes and locations, allowing for better comparisons.

How can I compare prices for different medical services?

To effectively compare prices for different medical services, it's best to identify the CPT code for each service you need and your specific location. With this information, you can use dedicated price comparison tools. For instance, Payerprice offers a fee schedule lookup tool where you can enter CPT codes and locations to get an idea of various costs and make more informed decisions.

What is Payerprice and how can it help me with healthcare costs?

Payerprice is a valuable online resource designed to enhance healthcare price transparency. It provides a fee schedule lookup tool that allows users to search for the cost of medical procedures by inputting a specific CPT code and their geographic location. This helps individuals estimate their out-of-pocket expenses, compare prices among different providers or regions, and ultimately make more informed choices about their healthcare services.

CPT 29848 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.

Endoscopy Wrist Surg W/ Rlease Of Transvers Carpal Ligamnt, Endoscopy Wrist Surgical With Release Of Transverse Carpal Ligament

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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 29848
Medicaid Fee Schedule	View Medicaid rates for 29848

National average reimbursement for CPT 29848 by major payers:

$698.02

$677.57

$732.63

$838.24

CPT 29848 vs. Other Surgical Procedures on the Musculoskeletal System Codes

The CPT 29848 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 29848 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
29840-CPT	Moderate	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). Check Rates
29843-CPT	Moderate	Arthroscopy,Wrist,Surg;Infection,Lavage, Check Rates
29844-CPT	Moderate	Remove Wrist Joint Lining, Surgery Aided By A Scope (Arthroscopy) To Remove All Or A Portion Of The Lining Of The Wrist Joint. Check Rates
29848-CPT	Moderate	Endoscopy Wrist Surg W/ Rlease Of Transvers Carpal Ligamnt, Endoscopy Wrist Surgical With Release Of Transverse Carpal Ligament Check Rates

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 29848. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 29848 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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