PayerPrice
Data Platform
Who We Serve
Use Cases
More
Check Local Rates

HCPCS P9040 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.

Red blood cells, leukocytes reduced, irradiated, each unit
Key FactDetail
Service Type

Pathology and Laboratory Services

Blood and Blood Products, with Associated Procedures

Complexity LevelModerate
Medicaid Fee ScheduleView Medicaid rates for P9040

National average reimbursement for HCPCS P9040 by major payers:

bcbs

$233.54

uhc

$70.00

aetna

$293.40

cigna

$198.31

Compare published rates across providers.

Choose a payer to see a sample of rates for HCPCS P9040.

HCPCS P9040
5 of 25 sample ratesHigher to lower in this preview
  1. St. Tammany Parish Hospital Service District No 1, St. Tammany Parish Hospital

    LAGeneral Acute Care HospitalNPI 1598798597Tax ID 72-0478620

    $687.65Published rate
  2. Lallie Kemp Medical Ctr, Lallie Kemp Regional Medical Center

    LACritical Access HospitalNPI 1083661409Tax ID 72-6000749

    $387.26Published rate
  3. Doctors' Hospital Of Slidell, LLC, Sterling Surgical Hospital

    Doctors Hospital Of Slidell, LLC

    LAGeneral Acute Care HospitalNPI 1043392491Tax ID 52-2363244

    $306.95Published rate
  4. Chu Chen

    Merrimack Valley Pediatric Associates, Inc.

    MAPediatrics PhysicianNPI 1073502985Tax ID 42-484572

    $197.62Published rate
  5. Chu Chen

    Merrimack Valley Pediatric Associates, Inc.

    MAPediatrics PhysicianNPI 1073502985Tax ID 42-484572

    $197.62Published rate

National sample. Rates vary by location, specialty, and contract.

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.

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 comparison

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 proposal

HCPCS P9040 vs. Other Blood and Blood Products, with Associated Procedures Codes

The HCPCS P9040 code is part of the Pathology and Laboratory Services services used for Blood and Blood Products, with Associated Procedures. 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 P9040 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
P9039-HCPCSModerateRed blood cells, deglycerolized, each unit
P9040-HCPCSModerateRed blood cells, leukocytes reduced, irradiated, each unit
P9041-HCPCSLowInfusion, albumin (human), 5%,50 ml

What is a fee schedule?

A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including HCPCS P9040. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.

Understanding the P9040 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 P9040) and we'll show you how you compare in 15 minutes or less.