CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: Fairbanks Memorial Hospital

Billing Code: 29881 (CPT)

The BaseRate · fair price high confidence

A fair price for this

$2,859

about 0.9× the $3,343 Medicare rate · typically $2,145–$5,493

modeled estimate · not a bill or quote

What this hospital charges insurers

$2,148

Below the fair price — a good deal

about $711 under the fair price · 0.6× Medicare

Medicare pays $3,343 Fair price $2,859 This hospital $2,148 Cash price $5,532 Hospital's list price $5,823

How we calculate the fair BaseRate →

How this hospital compares to other AK hospitals

One of the lower prices — 4 of 5 other AK hospitals charge more for the same procedure.

Cheapest $1,951 Priciest $9,604

Black dot = this hospital, among the 6 AK hospitals with a price for this procedure. Full list below.

A fair price for a Knee arthroscopy with meniscus repair is about $2,859 (about 0.9× the $3,343 Medicare rate). Fairbanks Memorial Hospital charges insurers about $2,148, or about $5,532 in cash — below the fair price — a good deal. Located in Fairbanks, AK.

What each insurance company pays

Which insurers have negotiated a price with this hospital for this procedure — and which haven’t.

4 of 6 major insurers have a published price at this hospital

✓ UnitedHealthcare✓ Blue Cross Blue Shield✓ Aetna✓ Cigna HumanaKaiser Permanente

Crossed out = this hospital hasn’t published a negotiated price for that insurer for this procedure. It doesn’t necessarily mean they aren’t accepted — ask your insurer.

Insurance company	Price range	vs. Medicare
UnitedHealthcaremajor	$5,648	169%
Blue Cross Blue Shieldmajor	$625 - $5,532	19%
Aetnamajor	$3,671	110%
Cignamajor	$5,707	171%
Banner Health	$1,572	47%
Moda Health	$5,648	169%

Government programs also on file: Military & VA.

Excludes 1 rental-network / third-party entry (e.g. Multiplan, PHCS) — these are pricing networks, not insurers.

Self-Pay How to get the cash price

Tell the billing desk you want to be billed as self-pay — not through insurance — before your visit.
Ask for the cash / prompt-pay discount in writing, with the exact price (about 5,532), before you agree to anything.
Get it in writing that they won’t also bill your insurance, so the cash price is what you owe.
Check the CPT code on your bill matches exactly: 29881.

Insurance Before you use insurance

Call your insurance company to confirm Fairbanks Memorial Hospital is in-network.
Ask your insurer whether prior approval is required for CPT code 29881.
Confirm the doctor or provider is in-network too — not just the hospital building.
Check your Explanation of Benefits against the hospital’s final itemized bill.

Estimate your out-of-pocket cost

A rough estimate of what you’d pay with insurance (deductible + coinsurance) versus paying the cash price yourself.

How you’d pay

Deductible left to meet ($)

Your coinsurance (%)

Enter your details and press estimate to compare.

Other Procedures at Fairbanks Memorial Hospital

Compare: Knee arthroscopy with meniscus repair at other AK hospitals

South Peninsula Hospital · Homer $1,951
Central Peninsula General Hospital · Soldotna $2,228
Providence St Elias Specialty Hospital · Anchorage $4,277
Mat-Su Regional Medical Center · Palmer $4,861
Alaska Regional Hospital · Anchorage $9,604

Insurance negotiated median for the same procedure, sorted lowest first.