CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: Montgomery County Memorial Hospital

Billing Code: 29881 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 29881
Insurance Median: $3,208
Cash Discount Price: $3,509
vs. Medicare Baseline: 0.96x Medicare

The contracted insurance negotiated median rate for a Knee arthroscopy with meniscus repair at Montgomery County Memorial Hospital is $3,208. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $3,509. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 0.96x the Medicare baseline. Located in 2301 Eastern Avenue, Red Oak, IA.

Cash / Self-Pay

$3,509

Average discount available for prompt cash payment at this facility.

Insurance Median

$3,208

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate

$3,342.87

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $3,342.87 (100%)

Cash / Self-Pay: $3,509 (105%)

Insurance Median: $3,208 (96%)

Cash: $3,509 (105% of Medicare)

Ins. Median: $3,208 (96% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $3,342.87 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.

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
Medica	$2,607 - $4,261	78%
UnitedHealthcare	$2,607	78%
Blue Cross Blue Shield	$3,208 - $5,349	96%
Aetna	$4,762	142%

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 $3,509.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 29881.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Montgomery County Memorial Hospital is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 29881.
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.