CMS Price Transparency Data

MRI, brain (with and without contrast)

Facility: Ferrell Hospital Community Foundations

Billing Code: 70553 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 70553
Insurance Median: $1,242
Cash Discount Price: $2,587
vs. Medicare Baseline: 3.48x Medicare

The contracted insurance negotiated median rate for a MRI, brain (with and without contrast) at Ferrell Hospital Community Foundations is $1,242. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $2,587. Compared to the federal Medicare reimbursement reference rate of $356.43, this hospital’s rate is 3.48x the Medicare baseline. Located in 1201 Pine Street, Eldorado, IL.

Cash / Self-Pay

$2,587

Average discount available for prompt cash payment at this facility.

Insurance Median

$1,242

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: $2,587 (726%)

Insurance Median: $1,242 (348%)

Cash: $2,587 (726% of Medicare)

Ins. Median: $1,242 (348% 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 348% of the Medicare baseline (a markup of 248%). 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
Cigna	$118 - $2,759	33%
Aetna	$188 - $2,759	53%
Blue Cross Blue Shield	$214 - $2,759	60%
Meridian Health Plan	$297 - $1,242	83%
Molina Healthcare Of Illinois	$297 - $1,242	83%
Health Alliance	$1,242 - $2,759	348%
Humana	$1,242	348%
UnitedHealthcare	$1,242 - $2,932	348%
Wellcare	$1,242	348%
Healthlink	$2,759 - $2,932	774%
Healthsmart (Ihg)	$2,759	774%
Hope Trust	$2,759	774%
Multiplan/Phcs	$2,759	774%
Zelis (Hfn)	$2,759	774%
Sagamore	$2,828	793%
Corvel	$3,104	871%

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 $2,587.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 70553.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Ferrell Hospital Community Foundations is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 70553.
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.