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 comparisonHCPCS J1640 (Panhematin) Fee Schedule
Last Verified: October 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.
Injection, hemin, 1 mg
| Key Fact | Detail |
|---|---|
| Service Type | Drugs Administered Other than Oral Method Drugs, Administered by Injection |
| Common Place of Service | None 11 - Office |
| Complexity Level | Low |
| Medicaid Fee Schedule | View Medicaid rates for J1640 |
| Medicare Payment Limit | $34.181  |
| WAC Price | Lorem ipsum dolor sit amet consectetur Lorem ipsum dolor sit amet consectetur VisitBuyandBill.com |
| Related NDC Codes | • 55292-0702-54 - PANHEMATIN (PF,LYOPHIIZED) 350 MG • 55292-0702-55 - PANHEMATIN (PF,LYOPHIIZED) 350 MG |
National average reimbursement for HCPCS J1640 by major payers:
$33.72
$33.00
$34.25
$34.35
Compare published rates across providers.
Choose a payer to see a sample of rates for HCPCS J1640.
HCPCS J1640
5 of 25 sample ratesHigher to lower in this preview
Scripps Clinic Medical Group
Scripps Health
$79.48Published rateAvera Mckennan, Avera Mckennan Hospital Neonatal Intensive Care Unit
Avera Mckennan
$35.41Published rateHolland Community Hospital, Holland Hospital
Holland Community Hospital
$32.20Published rateH H Health System-Morgan LLC, Decatur Morgan Hospital-Decatur Campus
$32.20Published rateProvidence Hospital
Providence Health Services Inc
$30.13Published rate
Get a free rate benchmark for your specialty.
Choose your state and specialty to build a report from payer-published rates.
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 proposalHCPCS J1640 vs. Other Drugs, Administered by Injection Codes
The HCPCS J1640 code is part of the Drugs Administered Other than Oral Method services used for Drugs, Administered by Injection. 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 HCPCS J1640 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 |
|---|---|---|
| 55292-0702-54-NDC | Moderate | PANHEMATIN (PF,LYOPHIIZED) 350 MG |
| 55292-0702-55-NDC | Moderate | PANHEMATIN (PF,LYOPHIIZED) 350 MG |
| J1632-HCPCS | Low | Injection, brexanolone, 1 mg |
| J1640-HCPCS | Low | Injection, hemin, 1 mg |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including HCPCS J1640. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the J1640 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 HCPCS J1640) and we'll show you how you compare in 15 minutes or less.