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 V2204 is classified under Vision Services, in the Lenses, Bifocals subgroup.
| Key Fact | Detail |
|---|---|
| Service Type | Vision Services Lenses, Bifocals |
| Complexity Level | Low |
| Medicaid Fee Schedule | $52.75 median of the 8 states in the free preview · View Medicaid rates for V2204 |
National average reimbursement for HCPCS V2204 by major payers:

$68.13
BCBS / Anthem

$40.02
UnitedHealthcare

$53.21
Aetna

$83.40
Cigna
Choose a payer to see a sample of rates for HCPCS V2204.
Emory University Hospital
Emory University
Aztec Urgent Care, LLC
Aztec Urgent Care LLC
Smith Of Georgia, Smith Northview Hospitalists
Smith Of Georgia
Lower Oconee Community Hospital Inc
Good Samaritan Hospital, Inc., St. Mary'S Good Samaritan Hospital
Good Samaritan Hospital Inc
Choose your state and specialty to build a report from payer-published rates.
Rate Benchmarking
Select a published rate, define comparable providers, and see where that rate falls in your market.
See a sample rate comparisonPayer Contract Negotiation
Use your fee schedule and market benchmarks to set target rates and draft a letter for your payer.
See a sample payer proposalHCPCS V2204 vs. Other Lenses, Bifocals Codes
The table lists codes related to V2204. Select one to see its fee schedule.
| Code | Complexity | Description |
|---|---|---|
| V2203-HCPCS | Low | Spherocylinder, bifocal, plano to plus or minus 4.00d sphere, 0.12 to 2.00d cylinder, per lens |
| V2204-HCPCS | Low | Spherocylinder, bifocal, plano to plus or minus 4.00d sphere, 2.12 to 4.00d cylinder, per lens |
| V2205-HCPCS | Low | Spherocylinder, bifocal, plano to plus or minus 4.00d sphere, 4.25 to 6.00d cylinder, per lens |
What is a fee schedule?
A fee schedule is a list of fixed prices that healthcare providers charge for specific services, including HCPCS V2204. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the V2204 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.
Bring your top codes (like HCPCS V2204) and we'll show you how you compare in 15 minutes or less.