CMS Price Transparency Data

Physical therapy (manual therapy)

Facility: Cherokee Regional Medical Center

Billing Code: 97140 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 97140
Insurance Median: $64
Cash Discount Price: $58
vs. Medicare Baseline: 2.31x Medicare

The contracted insurance negotiated median rate for a Physical therapy (manual therapy) at Cherokee Regional Medical Center is $64. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $58. Compared to the federal Medicare reimbursement reference rate of $27.72, this hospital’s rate is 2.31x the Medicare baseline. Located in 300 Sioux Valley Drive, Cherokee, IA.

Cash / Self-Pay

$58

Average discount available for prompt cash payment at this facility.

Insurance Median

$64

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate

$27.72

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $27.72 (100%)

Cash / Self-Pay: $58 (209%)

Insurance Median: $64 (231%)

Cash: $58 (209% of Medicare)

Ins. Median: $64 (231% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $27.72 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 231% of the Medicare baseline (a markup of 131%). Patients with high-deductible plans or out-of-network benefits may face excessive out-of-pocket costs.

Consult Patient Advocate

Out-of-Pocket Cost Estimator

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

Billing Status

Remaining Deductible ($)

Your Coinsurance 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
Aetna	$34 - $64	123%
Blue Cross Blue Shield	$34 - $64	123%
Health Partners	$34 - $64	123%
Humana	$34 - $64	123%
UnitedHealthcare	$34 - $64	123%
Wellpoint	$34 - $64	123%
Iowa Total Care	$35 - $64	126%
Molina	$35 - $64	126%
Admin Concepts	$64	231%
American Republic	$64	231%
Apw	$64	231%
Auxiant	$64	231%
Avera	$64	231%
Bankers Life	$64	231%
Champus	$64	231%
Cigna	$64	231%
Liability	$64	231%
Meridian	$64	231%
Meritain	$64	231%
Midlands	$64	231%
Mutual Of Omaha	$64	231%
Occunet	$64	231%
Physicians Mutual	$64	231%
Private Healthcare	$64	231%
Sanford	$64	231%
United American	$64	231%

Self-Pay Upfront Cash Action Plan

Request a "Self-Pay classification" with the billing desk before receiving care.
Ask for a written "Prompt-Pay Discount" agreement quoting the price of $58.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 97140.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Cherokee Regional Medical Center is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 97140.
Confirm the specific physician or imaging center is also in-network (not just the hospital building).
Audit your Explanation of Benefits (EOB) against the final itemized hospital invoice.