CMS Price Transparency Data

Blood test, magnesium

Facility: Spencer Municipal Hospital

Billing Code: 83735 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 83735
  • Insurance Median: $38
  • Cash Discount Price: $39
  • vs. Medicare Baseline: 5.67x Medicare
The contracted insurance negotiated median rate for a Blood test, magnesium at Spencer Municipal Hospital is $38. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $39. Compared to the federal Medicare reimbursement reference rate of $6.7, this hospital’s rate is 5.67x the Medicare baseline. Located in 1200 1St Avenue East, Spencer, IA.
Cash / Self-Pay
$39

Average discount available for prompt cash payment at this facility.

Insurance Median
$38

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$6.7

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $6.7 (100%)
Cash / Self-Pay: $39 (582%)
Insurance Median: $38 (567%)
Cash: $39 (582% of Medicare)
Ins. Median: $38 (567% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $6.7 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 567% of the Medicare baseline (a markup of 467%). 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
Medicaid / KanCare $6 90%
Humana $7 - $61 104%
Medicare (plans) $7 104%
UnitedHealthcare $7 - $57 104%
Wellmark Hmo $29 433%
Healthpartners (All) $32 - $51 478%
Wellmark Ppo $32 478%
Midlands Choice - Ilcc $34 - $54 507%
Midlands Choice - Morton Bldg $34 - $54 507%
Coventry - Commercial Hmo $36 - $57 537%
Avera Health Plan $38 - $61 567%
Coventry - Commercial Ppo $38 - $61 567%
First Choice Of Midwest $38 - $61 567%
Midlands Choice (All Others) $38 - $61 567%
Sanford Health $38 - $61 567%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 1200 1St Avenue East, Spencer, IA 51301
  • CMS Rating: ★★★★☆
  • Ownership Type: Government - Local
  • Hospital Type: Acute Care Hospitals