January 2019

The chart below compares average prices Medibid clients have received with Healthcare Bluebook and Medicare pricing. Prices are updated on a quarterly basis. The Medicare rates listed are without modifiers, and only represent a national estimate of medicare rates.

Procedure MediBid Target Cost Percent of Medicare Healthcare BlueBook Fair Price Savings Savings % Medicare Rate
Arthroscopy – Knee $2,619.00 91.93% $5,060.00 $1,466.00 29% $2,849.01
Joint Replacement – Hip $13,065.00 100.40% $25,779.00 $9,638.00 37% $13,012.86
Joint Replacement – Knee $14,070.00 96.19% $25,703.00 $8,904.00 35% $14,627.93
ACL arthroscopy $5,000.00 85.63% $13,339.00 $6,516.00 49% $5,839.00
Carpal tunnel decompression $1,842.00 60.18% $3,215.00 $671.00 21% $3,061.00
Cataract removal $1,457.00 123.19% $3,420.00 $1,755.00 51% $1,182.70
Hernia repair $2,981.00 31.67% $7,202.00 $3,636.00 50% $9,412.00
Colonoscopy $698.00 64.81% $2,285.00 $1,214.00 53% $1,077.00
Echocardiography $229.00 105.71% $667.00 $358.00 54% $216.64
Ultrasound $100.00 78.59% $245.00 $87.00 35% $127.24
Mammogram – Screening $170.00 119.58% $218.00 $42.00 19% $142.17
Mammogram – Diagnostic $93.00 52.72% $266.00 $110.00 41% $176.42
MRI w/ or w/o contrast $268.00 60.76% $1,467.00 $1,024.00 70% $441.05
CT scan $198.00 76.21% $720.00 $456.00 63% $259.81