CMS Price Transparency Data

Blood test, vitamin B12

Facility: Sarasota Memorial Hospital - Venice

Billing Code: 82607 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 82607
  • Insurance Median: $75
  • Cash Discount Price: $50
  • vs. Medicare Baseline: 4.97x Medicare
The contracted insurance negotiated median rate for a Blood test, vitamin B12 at Sarasota Memorial Hospital - Venice is $75. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $50. Compared to the federal Medicare reimbursement reference rate of $15.08, this hospital’s rate is 4.97x the Medicare baseline. Located in 2600 Laurel Road East, North Venice, FL.
Cash / Self-Pay
$50

Average discount available for prompt cash payment at this facility.

Insurance Median
$75

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$15.08

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $15.08 (100%)
Cash / Self-Pay: $50 (332%)
Insurance Median: $75 (497%)
Cash: $50 (332% of Medicare)
Ins. Median: $75 (497% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $15.08 as the cost baseline. Rates below the baseline represent excellent value. In-network commercial rates commonly hover around 150% - 250% of Medicare, while rates exceeding 300% are elevated. Hover over the green and blue markers to view detailed calculations.

Elevated Commercial Rate Alert (Value-Gap)

The negotiated rate at this facility is 497% of the Medicare baseline (a markup of 397%). Patients with high-deductible plans or out-of-network benefits may face excessive out-of-pocket costs.

Out-of-Pocket Cost Estimator

Estimate whether it is more economical to use your insurance or pay the upfront self-pay cash rate.

Input your details and click calculate to compare out-of-pocket costs.

Commercial Insurance Negotiated Rates

Negotiated contract ranges established by major commercial carriers at this facility.

Carrier / Plan Group Contract Rate Range vs. Medicare Reference
Amerihealth Caritas $7 46%
Community Care Plan $7 46%
Florida Community Care $7 - $17 46%
Molina $7 46%
Simply Healthcare $7 46%
Sunshine State $7 46%
Blue Cross Blue Shield $15 99%
UnitedHealthcare $15 - $107 99%
Aetna $16 - $149 106%
Simply Freedom Optimum $16 106%
Wellcare $16 106%
Ambetter / Centene $41 272%
Avmed $78 - $104 517%
Usa Managed Care $86 - $114 570%
First Health $89 - $118 590%
Careworks $109 - $149 723%
Enlyte $109 - $149 723%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 2600 Laurel Road East, North Venice, FL 34275
  • CMS Rating: ★★★★★
  • Ownership Type: Government - Hospital District or Authority
  • Hospital Type: Acute Care Hospitals