CMS Price Transparency Data

Blood test, ferritin (iron stores)

Facility: Memorial Medical Center

Billing Code: 82728 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 82728
  • Insurance Median: $199
  • Cash Discount Price: $331
  • vs. Medicare Baseline: 14.60x Medicare
The contracted insurance negotiated median rate for a Blood test, ferritin (iron stores) at Memorial Medical Center is $199. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $331. Compared to the federal Medicare reimbursement reference rate of $13.63, this hospital’s rate is 14.60x the Medicare baseline. Located in 701 N First St, Springfield, IL.
Cash / Self-Pay
$331

Average discount available for prompt cash payment at this facility.

Insurance Median
$199

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$13.63

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $13.63 (100%)
Cash / Self-Pay: $331 (2428%)
Insurance Median: $199 (1460%)
Cash: $331 (2428% of Medicare)
Ins. Median: $199 (1460% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $13.63 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 1460% of the Medicare baseline (a markup of 1360%). 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
Health Alliance $6 - $215 44%
Veterans Administration $10 73%
Blue Cross Blue Shield $12 - $331 88%
Medicaid / KanCare $12 88%
Molina $12 88%
Aetna $13 - $252 95%
Medicare (plans) $13 - $331 95%
Tricare $13 95%
UnitedHealthcare $13 - $205 95%
Humana $14 - $199 103%
Healthlink $48 - $209 352%
Commercial Workers Compensation $62 455%
Illinois Workers Compensation $65 477%
Current Health Network Ppo $149 1093%
Cigna $174 1277%
Phcs/Multiplan $179 - $199 1313%
6 Degrees Health $199 1460%
Hopetrust $199 1460%
Hst $199 1460%
Magellan $199 1460%
Consociate $215 1577%
Hfn $215 1577%
Preferred Plan $248 1820%
Soi Mcfarland $248 1820%
Soi Rushville $248 1820%
Corvel $265 1944%
Methodist First Choice $265 1944%
Mutual Medical Plans $281 2062%
Liability $331 2428%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 701 N First St, Springfield, IL 62702
  • CMS Rating: ★★★☆☆
  • Ownership Type: Voluntary non-profit - Private
  • Hospital Type: Acute Care Hospitals