January 2020
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. A more detailed explanation of where these “prices” come from can be found here.
| 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 |