CMS Price Transparency Data

MRI, knee or other leg joint

Facility: Shirley Ryan Abilitylab

Billing Code: 73721 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 73721
  • Insurance Median: $3,273
  • Cash Discount Price: $3,022
  • vs. Medicare Baseline: 13.43x Medicare
The contracted insurance negotiated median rate for a MRI, knee or other leg joint at Shirley Ryan Abilitylab is $3,273. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $3,022. Compared to the federal Medicare reimbursement reference rate of $243.77, this hospital’s rate is 13.43x the Medicare baseline. Located in 355 E Erie St, Chicago, IL.
Cash / Self-Pay
$3,022

Average discount available for prompt cash payment at this facility.

Insurance Median
$3,273

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$243.77

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $243.77 (100%)
Cash / Self-Pay: $3,022 (1240%)
Insurance Median: $3,273 (1343%)
Cash: $3,022 (1240% of Medicare)
Ins. Median: $3,273 (1343% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $243.77 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 1343% of the Medicare baseline (a markup of 1243%). 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
Aetna $252 - $1,125 103%
Health Care Services Corporation $252 - $2,417 103%
Humana $252 103%
Tricare $252 103%
UnitedHealthcare $252 - $2,901 103%
Wellcare Meridian Fide $252 103%
Advocate Health Partners $256 105%
Blue Cross Blue Shield $506 - $936 208%
County Care $506 208%
Meridian Health Plan $506 208%
Cigna $1,477 606%
Hfn $1,990 - $4,931 816%
Corvel Corporation $2,053 842%
Coventry Workers Comp $2,053 842%
Multiplan $2,053 842%
Paradigm Health Corporation $2,095 859%
Personalcare Insurance Of Il/Firsthealth Grp Corp/Coventryhealth And Life Insurance Co $2,095 - $4,657 859%
State Of Illinois $2,095 - $2,915 859%
Uic Physician Group-Campuscare $2,518 - $2,770 1033%
Uic Physician Group $2,770 - $4,438 1136%
Union Health Service $2,820 1157%
Affordable Health Care Concepts $3,027 - $3,293 1242%
Loyola University Physician Foundation $3,273 1343%
University Of Chicago Practice Plan $3,273 - $3,561 1343%
Health Care Services Corporation Dba Managed Care Network Preferred $3,430 - $4,482 1407%
Advocate And Advocate Health Partners $3,525 1446%
Gallagher Benefit Administrators $3,777 - $4,109 1549%
Health Care Services Corporation D/B/A Hmo Illinois $3,928 1611%
Unicare Life And Health Insurance $3,928 - $4,274 1611%
Private Healthcare Systems $4,029 - $4,383 1653%
Resurrection Health Care Preferred $4,029 - $4,383 1653%
Cofinity Aka Ppom $4,281 - $4,657 1756%
Health Payors Organization $4,281 - $4,657 1756%
Healthnetwork $4,432 - $4,822 1818%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 355 E Erie St, Chicago, IL 60611
  • CMS Rating: No CMS Rating
  • Ownership Type: N/A
  • Hospital Type: PART A PROVIDER - HOSPITAL