Data Platform
Sign InTry for Free

CPT 32940 Fee Schedule

Last Verified: January 2026

Healthcare providers use this code to document and receive reimbursement for visits that address high-level medical decision-making, often including multiple diagnoses or prescription management.

Pneumonolysis,Extraperiost,Fill/Pck
Key FactDetail
Service Type

Surgery

Surgical Procedures on the Respiratory System

Common Place of Service

21 - Inpatient Hospital

11 - Office

Common Modifiers

None

LT - Left side of body

59 - Distinct Procedural Service

Complexity LevelHigh
Medicare Fee ScheduleView Medicare rates for 32940

National average reimbursement for CPT 32940 by major payers:

bcbs

$1,615.30

uhc

$1,645.98

aetna

$1,712.26

cigna

$2,015.62

Preview provider-level rates for...
For billing codeCPT 32940
PayerCodeRateNPITax IDStateSpecialty

Select a payer to view fee schedule data

Choose a payer from the options above to see rates for CPT 32940

United
32940$450.001275642480 - EGNM LLC, LEWES SURGERY CENTER510411737 - (DE) EGNM, LLC DBA LEWES SURGERY CENTERDEAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$700.001952852345 - HUEBNER AMBULATORY SURGERY CENTER, LLC813360799 - (TX) HUEBNER AMBULATORY SURGERY CENTER LLCTXAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$2989.001831360247 - SURGICAL CENTER AT COLUMBIA ORTHOPAEDIC GROUP LLC261150611 - (MO) SURGICAL CENTER AT COLUMBIA ORTHOPAEDIC GROUP LLCMOAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$226.001215994280 - SLOAN EYE CLINIC, ARKANSAS SURGERY CENTER710815680 - (AR) SLOAN EYE CLINICARAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$203.001285736207 - PODIATRY GROUP OF ANNAPOLIS AMBULATORY SURGICAL CENTER, PODIATRY GROUP OF ANNAPOLIS AMBULATORY SURGICAL CENTER LLC522197193 - (MD) PODIATRY GROUP OF ANNAPOLIS AMBULATORY SURGICAL CENTERMDAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$1049.001730175159 - CHARLOTTE ENDOSCOPIC SURGERY CENTER LLC, CHARLOTTE SURGERY CENTER651071112 - (FL) CHARLOTTE ENDOSCOPIC SURGERY CENTER, LLCFLAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$380.001215028469 - DEL VAL ASC LLC, THE EYE SURGERY CENTER760788813 - (PA) DEL VAL ASC LLCPAAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$2732.001457948630 - METHODIST AMBULATORY SURGERY CENTER OF LANDMARK, LLC842492174 - (TX) METHODIST AMBULATORY SURGERY CENTER OF LANDMARK LLCTXAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$580.001497740617 - LAKE COUNTY PAIN & DIAGNOSTIC651216636 - (OH) LAKE COUNTY PAIN DIAGNOSTICOHAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$624.001194970418 - PACIFIC CATARACT AND LASER INSTITUTE INC PC911394965 - PACIFIC CATARACT AND LASER INSTITUTE, INC., PCNMAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$1064.001972092146 - SURGERY CENTRE OF SW FLORIDA LLC, FORT MYERS SURGERY CENTER454068750FLAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$984.001982238465 - PROFESSIONAL RECREATION ORGANIZATION, INC.931484998 - (WA) PRO SURGERY CENTER LLCWAAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$1049.001922510643 - OPTIMUM SPINE CENTER, LLC, PEACHTREE SPINE & PAIN PHYSICIANS320543789GAAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$952.001649296807 - SANSUM CLINIC, SANSUM CLINIC ASC956419205 - (CA) SANSUM CLINICCAAmbulatory Surgical Clinic/Center (261QA1903X)
United
32940$651.001992752794 - SIERRA EYE AMBULATORY SURGERY CENTER, LLC770509889 - (CA) SIERRA EYE AMBULATORY SURGERY CENTER LLCCAAmbulatory Surgical Clinic/Center (261QA1903X)
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist
United
99202$100.0012345678901234567890CACardiologist

Want to see your competitors' rates?

Start your trial today to unlock complete access to provider rates and fee schedules in your area.

Here's what you can do with PayerPrice

Renegotiate your managed care contracts

Benchmark your current rates against market averages to identify opportunities for rate optimization.

Prospect for new business using fee schedules

Access every provider's negotiated rates for every billing code in your market to inform your prospecting strategies.

Integrate real-time payer data into your workflows

Automatically keep fee schedules up-to-date without adding yet another log-in to your insurance systems. Connect via API or SQL.

PayerPrice shows you the exact negotiated rates that insurers publish under federal transparency rules.
We display the raw data directly from insurers' files, giving you the same information they make public. Learn more about Price Transparency.

CPT 32940 vs. Other Surgical Procedures on the Respiratory System Codes

The CPT 32940 code is part of the Surgery services used for Surgical Procedures on the Respiratory 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 32940 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.

CodeComplexityDescription
32900-CPTHighResection Of Ribs Extrapleural, All Stag
32905-CPTHighThoracoplasty,Schede/Extrapleural;
32906-CPTHighThoracoplasty,All Stages;Close Bronchial
32940-CPTHighPneumonolysis,Extraperiost,Fill/Pck

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including CPT 32940. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the 32940 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 32940) and we'll show you how you compare in 15 minutes or less.