CMS Price Transparency Data

MRI, brain (with and without contrast)

Facility: Franklin General Hospital

Billing Code: 70553 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 70553
  • Insurance Median: $2,026
  • Cash Discount Price: $4,318
  • vs. Medicare Baseline: 5.68x Medicare
The contracted insurance negotiated median rate for a MRI, brain (with and without contrast) at Franklin General Hospital is $2,026. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $4,318. Compared to the federal Medicare reimbursement reference rate of $356.43, this hospital’s rate is 5.68x the Medicare baseline. Located in 1720 Central Avenue East, Hampton, IA.
Cash / Self-Pay
$4,318

Average discount available for prompt cash payment at this facility.

Insurance Median
$2,026

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$356.43

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $356.43 (100%)
Cash / Self-Pay: $4,318 (1211%)
Insurance Median: $2,026 (568%)
Cash: $4,318 (1211% of Medicare)
Ins. Median: $2,026 (568% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $356.43 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 568% of the Medicare baseline (a markup of 468%). 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
Wellmark Hmo $1,234 346%
Wellmark Ppo - All Other Plans $1,357 381%
Medical Associates Mcare $1,919 538%
Mount Carmel Hp-All Plans $1,919 538%
Tricare $1,919 538%
UnitedHealthcare $1,919 - $3,987 538%
Amerigroup Mcare $1,938 544%
Wellmark Mcr Adv $1,938 544%
Molina Mcare $1,996 560%
Ambetter / Centene $2,007 - $3,071 563%
American Hp Iowa - All Plans $2,015 565%
Amerigroup Mcaid - All Other Plans $2,026 568%
Molina Mcaid - All Other Plans $2,036 571%
Centivo - All Plans $2,879 808%
Medical Ass Hosp Employer Group $2,879 808%
Oscar - All Plans $2,879 808%
Midlands Choice-All Plans $3,359 942%
Medical Associates Hp-All Other Plans $4,078 1144%
Preferred Health Choices-All Plans $4,078 1144%
Splashlight Llc-All Plans $4,078 1144%
Aetna $4,462 - $4,558 1252%
Multiplan-All Plans $4,558 1279%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 1720 Central Avenue East, Hampton, IA 50441
  • CMS Rating: No CMS Rating
  • Ownership Type: Government - Local
  • Hospital Type: Critical Access Hospitals