CMS Price Transparency Data

Speech therapy (language evaluation)

Facility: Memorial Medical Center

Billing Code: 92507 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 92507
  • Insurance Median: $298
  • Cash Discount Price: $497
  • vs. Medicare Baseline: 3.91x Medicare
The contracted insurance negotiated median rate for a Speech therapy (language evaluation) at Memorial Medical Center is $298. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $497. Compared to the federal Medicare reimbursement reference rate of $76.15, this hospital’s rate is 3.91x the Medicare baseline. Located in 701 N First St, Springfield, IL.
Cash / Self-Pay
$497

Average discount available for prompt cash payment at this facility.

Insurance Median
$298

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$76.15

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $76.15 (100%)
Cash / Self-Pay: $497 (653%)
Insurance Median: $298 (391%)
Cash: $497 (653% of Medicare)
Ins. Median: $298 (391% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $76.15 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 391% of the Medicare baseline (a markup of 291%). 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 $9 - $286 12%
Molina $9 - $292 12%
Veterans Administration $51 67%
Blue Cross Blue Shield $66 - $497 87%
Aetna $71 - $378 93%
Health Alliance $71 - $323 93%
Medicare (plans) $71 - $497 93%
Tricare $71 93%
UnitedHealthcare $71 - $308 93%
Humana $75 - $298 98%
Current Health Network Ppo $224 294%
Healthlink $248 - $313 326%
Commercial Workers Compensation $251 330%
Cigna $259 340%
Illinois Workers Compensation $264 347%
Phcs/Multiplan $268 - $298 352%
6 Degrees Health $298 391%
Hopetrust $298 391%
Hst $298 391%
Magellan $298 391%
Consociate $323 424%
Hfn $323 424%
Preferred Plan $373 490%
Soi Mcfarland $373 490%
Soi Rushville $373 490%
Corvel $398 523%
Methodist First Choice $398 523%
Mutual Medical Plans $422 554%
Liability $497 653%

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