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 V2020 Fee Schedule
HCPCS V2020 is classified under Vision Services, in the Spectacle Frames subgroup.
Frames, purchases
| Key Fact | Detail |
|---|---|
| Service Type | Vision Services Spectacle Frames |
| Complexity Level | Low |
| Medicaid Fee Schedule | $61.865 median of the 8 states in the free preview · View Medicaid rates for V2020 |
National average reimbursement for HCPCS V2020 by major payers:
$90.56
BCBS / Anthem
$46.53
UnitedHealthcare
$64.66
Aetna
$112.32
Cigna
Compare published rates across providers.
Choose a payer to see a sample of rates for HCPCS V2020.
HCPCS V2020
5 of 25 sample ratesHigher to lower in this preview
Southern Regional Medical Corporation, Leonard J. Chabert Medical Center
$100.33Published rateLallie Kemp Medical Ctr, Lallie Kemp Regional Medical Center
$100.33Published rateCatherine Docous
Slocum Dickson Medical Group PLLC
$46.56Published rateMain Line Pathology Associates, PC
Main Line Pathology Associates, P.C
$37.54Published rateJohn Ellis
Slocum Dickson Medical Group PLLC
$25.03Published 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 V2020 vs. Other Spectacle Frames Codes
The table lists codes related to V2020. Select one to see its fee schedule.
| Code | Complexity | Description |
|---|---|---|
| V2020-HCPCS | Low | Frames, purchases |
| V2025-HCPCS | Low | Deluxe frame |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including HCPCS V2020. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the V2020 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 V2020) and we'll show you how you compare in 15 minutes or less.