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 V2503 Fee Schedule
HCPCS V2503 is classified under Vision Services, in the Assorted Contact Lenses subgroup.
Contact lens, PMMA, color vision deficiency, per lens
| Key Fact | Detail |
|---|---|
| Service Type | Vision Services Assorted Contact Lenses |
| Complexity Level | Low |
| Medicaid Fee Schedule | $159.675 median of the 8 states in the free preview · View Medicaid rates for V2503 |
National average reimbursement for HCPCS V2503 by major payers:
$179.72
BCBS / Anthem
$105.95
UnitedHealthcare
$142.38
Aetna
$158.15
Cigna
Compare published rates across providers.
Choose a payer to see a sample of rates for HCPCS V2503.
HCPCS V2503
5 of 25 sample ratesHigher to lower in this preview
Grady Memorial Hospital Corporation, Grady Health Systems
Emory University
$465.19Published rateTift Regional Health System, Inc., Southwell Medical
Tift Regional Health System Inc
$118.45Published rateHospital Authority Of Jefferson County And The City Of Louisville, Jefferson Hospital
Hospital Authority Of Jefferson County And The City Of Louisville
$87.38Published rateHouston Hospitals Inc, Houston Medical Center
Houston Hospitals Inc
$79.33Published rateGrady Memorial Hospital Corporation, Grady Health Systems
Grady Memorial Hospital Corporation
$74.27Published 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 V2503 vs. Other Assorted Contact Lenses Codes
The table lists codes related to V2503. Select one to see its fee schedule.
| Code | Complexity | Description |
|---|---|---|
| V2502-HCPCS | Low | Contact lens, PMMA, bifocal, per lens |
| V2503-HCPCS | Low | Contact lens, PMMA, color vision deficiency, per lens |
| V2510-HCPCS | Low | Contact lens, gas permeable, spherical, 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 V2503. These prices vary depending on payer type (Medicare, Medicaid, private insurance), geographic location, and provider contracts.
Understanding the V2503 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
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Bring your top codes (like HCPCS V2503) and we'll show you how you compare in 15 minutes or less.