CMS Price Transparency Data

Blood test, magnesium

Facility: Hancock Regional Hospital

Billing Code: 83735 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 83735
  • Insurance Median: $102
  • Cash Discount Price: $102
  • vs. Medicare Baseline: 15.22x Medicare
The contracted insurance negotiated median rate for a Blood test, magnesium at Hancock Regional Hospital is $102. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $102. Compared to the federal Medicare reimbursement reference rate of $6.7, this hospital’s rate is 15.22x the Medicare baseline. Located in 801 N State St, Greenfield, IN.
Cash / Self-Pay
$102

Average discount available for prompt cash payment at this facility.

Insurance Median
$102

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$6.7

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $6.7 (100%)
Cash / Self-Pay: $102 (1522%)
Insurance Median: $102 (1522%)
Cash: $102 (1522% of Medicare)
Ins. Median: $102 (1522% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $6.7 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 1522% of the Medicare baseline (a markup of 1422%). 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
Allwell Mcr Adv - All Plans $7 104%
Beech Street Mcr Adv $7 104%
Blue Cross Blue Shield $7 - $96 104%
Caresource Mcr Adv $7 104%
Communicare Mcr Adv - All Plans $7 104%
Humana $7 - $122 104%
Iu Health Mcr Adv $7 104%
Mhs/Mdwise Mcaid-All Plans $7 104%
Triwest - All Plans $7 104%
UnitedHealthcare $7 - $99 104%
Va Ccn - All Plans $7 104%
Ambetter / Centene $13 194%
Caresource Comm - All Other Plans $17 254%
Iu Health-All Other Plans $18 269%
Ascension - All Plans $96 1433%
Aetna $97 - $128 1448%
Cigna $102 1522%
Encore Encircle $102 1522%
Hancock Phys Network-All Plans $102 1522%
Unified Group Services- All Plans $102 1522%
Advantage Self Funded Ppo-All Other Plans $105 1567%
Healthmark/Healthchoice-All Plans $105 1567%
Sagamore-All Plans $105 1567%
Encore-All Other Plans $109 1627%
Consumers Life-All Plans $113 1687%
St Vincent Cmo-All Plans $113 1687%
Siho-All Plans $115 1716%
Great West-All Plans $118 1761%
Savility - All Plans $118 1761%
Cofinity/Ppom - All Plans $119 1776%
First Health/Coventry-All Plans $120 1791%
Mail Handlers-All Plans $120 1791%
Golden Rule Ins-All Plans $122 1821%
Indiana Health Network-All Plans $122 1821%
Phcs-All Plans $122 1821%
Beech Street Ppo - All Other Plans $123 1836%
Comm Hlth Alliance - All Plans $124 1851%
Multiplan-All Plans $125 1866%
Advantage Preferred Plus $128 1910%
Healthy Indiana Plan-All Plans $128 1910%
Copps - All Plans $264 3940%
Pro Health - All Plans $384 5731%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 801 N State St, Greenfield, IN 46140
  • CMS Rating: ★★★★☆
  • Ownership Type: Government - Local
  • Hospital Type: Acute Care Hospitals