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 29848 Fee Schedule
Medicare rates as of October 2026
CPT 29848 is classified under Surgery, in the Surgical Procedures on the Musculoskeletal System subgroup.
Endoscopy Wrist Surg W/ Rlease Of Transvers Carpal Ligamnt, Endoscopy Wrist Surgical With Release Of Transverse Carpal Ligament
| 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 5112 - Level 2 Musculoskeletal Procedures |
| Surgery Center Payment (ASC) | A2 - Paid separately, from the OPPS relative weight |
| Common Revenue Codes | 03600975Sign up to view all 6 |
| Medicare Fee Schedule | $485.65 national non-facility rate (2026)View Medicare rates for 29848 |
| Medicaid Fee Schedule | $386.475 median of the 8 states in the free previewView Medicaid rates for 29848 |
National average reimbursement for CPT 29848 by major payers:
$698.02
BCBS / Anthem
$677.57
UnitedHealthcare
$732.63
Aetna
$838.24
Cigna
Compare published rates across providers.
Choose a payer to see a sample of rates for CPT 29848.
CPT 29848
5 of 25 sample ratesHigher to lower in this preview
Surgical Suites Of Coastal Virginia, LLC
Surgical Suites Of Coastal Virginia LLC
$6,610.00Published rateEhi Surgery Center Austin, LLC
Ehi Surgery Center Austin LLC
$2,277.00Published rateInland Eye Specialists A Medical Corp, Inland Eye Specialists
Inland Eye Specialists, A Medical Corporation
$1,786.00Published rateNortheast Alabama Eye Surgery Center, Northeast Al Eye Surgery
Northeast Alabama Eye Surgery Center
$1,147.00Published rateAlissa Worstell
Deaconess Hospital Inc
$410.11Published 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 29848 vs. Other Surgical Procedures on the Musculoskeletal System Codes
The table lists codes related to 29848. 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. |
| 29848-CPT | Endoscopy Wrist Surg W/ Rlease Of Transvers Carpal Ligamnt, Endoscopy Wrist Surgical With Release Of Transverse Carpal Ligament |
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.
FREE SAMPLE MARKET COMPARISON
Let's review your payer contracts side-by-side with the market.
Bring your top codes (like CPT 29848) and we'll show you how you compare in 15 minutes or less.
Frequently Asked Questions
What is a CPT code?
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.
What APC is CPT 29848 assigned to?
Medicare's hospital outpatient payment system (OPPS) assigns CPT 29848 to APC 5112 (Level 2 Musculoskeletal Procedures). An APC groups outpatient services that Medicare pays at the same base rate.
How does Medicare pay for CPT 29848 in an ambulatory surgery center?
CMS lists CPT 29848 with ASC payment indicator A2: Paid separately, from the OPPS relative weight.
Which revenue codes are billed with CPT 29848?
Hospital price transparency files list CPT 29848 under these revenue codes: including 0360, 0975, 0960, 0761 and 0361. A revenue code names the hospital department or charge category for the line; it does not change what the service is.