CMS Price Transparency Data

MRI, brain (no contrast)

Facility: Hancock Regional Hospital

Billing Code: 70551 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 70551
  • Insurance Median: $2,205
  • Cash Discount Price: $2,205
  • vs. Medicare Baseline: 9.05x Medicare
The contracted insurance negotiated median rate for a MRI, brain (no contrast) at Hancock Regional Hospital is $2,205. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $2,205. Compared to the federal Medicare reimbursement reference rate of $243.77, this hospital’s rate is 9.05x the Medicare baseline. Located in 801 N State St, Greenfield, IN.
Cash / Self-Pay
$2,205

Average discount available for prompt cash payment at this facility.

Insurance Median
$2,205

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: $2,205 (905%)
Insurance Median: $2,205 (905%)
Cash: $2,205 (905% of Medicare)
Ins. Median: $2,205 (905% 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 905% of the Medicare baseline (a markup of 805%). 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
Blue Cross Blue Shield $119 - $2,058 49%
Mhs/Mdwise Mcaid-All Plans $119 49%
UnitedHealthcare $119 - $2,136 49%
Iu Health Mcr Adv $252 103%
Triwest - All Plans $252 103%
Va Ccn - All Plans $252 103%
Caresource Mcr Adv $257 105%
Beech Street Mcr Adv $260 107%
Humana $260 - $2,618 107%
Allwell Mcr Adv - All Plans $265 109%
Communicare Mcr Adv - All Plans $265 109%
Ambetter / Centene $505 207%
Caresource Comm - All Other Plans $631 259%
Iu Health-All Other Plans $694 285%
Ascension - All Plans $2,067 848%
Aetna $2,095 - $2,756 859%
Cigna $2,205 905%
Encore Encircle $2,205 905%
Hancock Phys Network-All Plans $2,205 905%
Unified Group Services- All Plans $2,205 905%
Advantage Self Funded Ppo-All Other Plans $2,260 927%
Healthmark/Healthchoice-All Plans $2,260 927%
Sagamore-All Plans $2,260 927%
Encore-All Other Plans $2,343 961%
Consumers Life-All Plans $2,425 995%
St Vincent Cmo-All Plans $2,425 995%
Siho-All Plans $2,480 1017%
Great West-All Plans $2,536 1040%
Savility - All Plans $2,536 1040%
Cofinity/Ppom - All Plans $2,563 1051%
First Health/Coventry-All Plans $2,591 1063%
Mail Handlers-All Plans $2,591 1063%
Golden Rule Ins-All Plans $2,618 1074%
Indiana Health Network-All Plans $2,618 1074%
Phcs-All Plans $2,618 1074%
Beech Street Ppo - All Other Plans $2,646 1085%
Comm Hlth Alliance - All Plans $2,673 1097%
Multiplan-All Plans $2,701 1108%
Advantage Preferred Plus $2,756 1131%
Healthy Indiana Plan-All Plans $2,756 1131%
Copps - All Plans $5,676 2328%
Pro Health - All Plans $8,268 3392%

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