CMS Price Transparency Data

MRI, brain (no contrast)

Facility: Sarasota Memorial Hospital - Venice

Billing Code: 70551 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 70551
  • Insurance Median: $655
  • Cash Discount Price: $1,554
  • vs. Medicare Baseline: 2.69x Medicare
The contracted insurance negotiated median rate for a MRI, brain (no contrast) at Sarasota Memorial Hospital - Venice is $655. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $1,554. Compared to the federal Medicare reimbursement reference rate of $243.77, this hospital’s rate is 2.69x the Medicare baseline. Located in 2600 Laurel Road East, North Venice, FL.
Cash / Self-Pay
$1,554

Average discount available for prompt cash payment at this facility.

Insurance Median
$655

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$243.77

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $243.77 (100%)
Cash / Self-Pay: $1,554 (637%)
Insurance Median: $655 (269%)
Cash: $1,554 (637% of Medicare)
Ins. Median: $655 (269% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $243.77 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 269% of the Medicare baseline (a markup of 169%). 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
Simply Healthcare $153 - $161 63%
Sunshine State $161 66%
Molina $165 68%
Amerihealth Caritas $168 69%
Community Care Plan $168 69%
Florida Community Care $168 - $267 69%
Blue Cross Blue Shield $243 100%
Aetna $250 - $3,552 103%
UnitedHealthcare $250 - $3,334 103%
Simply Freedom Optimum $255 105%
Wellcare $255 105%
Careworks $460 - $2,713 189%
Enlyte $460 - $2,713 189%
Ambetter / Centene $655 269%
Avmed $2,431 - $3,241 997%
Usa Managed Care $2,664 - $3,552 1093%
First Health $2,764 - $3,685 1134%

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