CMS Price Transparency Data

MRI, brain (with and without contrast)

Facility: Putnam County Hospital

Billing Code: 70553 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 70553
  • Insurance Median: $2,837
  • Cash Discount Price: $3,309
  • vs. Medicare Baseline: 7.96x Medicare
The contracted insurance negotiated median rate for a MRI, brain (with and without contrast) at Putnam County Hospital is $2,837. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $3,309. Compared to the federal Medicare reimbursement reference rate of $356.43, this hospital’s rate is 7.96x the Medicare baseline. Located in 1542 S Bloomington St, Greencastle, IN.
Cash / Self-Pay
$3,309

Average discount available for prompt cash payment at this facility.

Insurance Median
$2,837

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: $3,309 (928%)
Insurance Median: $2,837 (796%)
Cash: $3,309 (928% of Medicare)
Ins. Median: $2,837 (796% 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 796% of the Medicare baseline (a markup of 696%). 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
Caresource Hip Mcaid $194 54%
Caresource Hoosier Healthwise $194 54%
Indiana Univeristy Qhp $500 140%
Indiana University Plan $500 140%
Blue Cross Blue Shield $1,086 - $4,012 305%
Caresource Just4Me - All Other Plans $1,152 - $1,572 323%
Caresource Mcr Advantage $1,152 - $1,572 323%
Humana $1,152 - $3,708 323%
Sagamore Health Ip-All Plans $2,864 - $3,909 804%
Cigna $3,029 - $4,133 850%
Aetna $3,128 - $4,268 878%
Encore-All Plans $3,128 - $4,268 878%
UnitedHealthcare $3,128 - $4,268 878%
Indiana Health Network Ip-All Other Plans $3,193 - $4,358 896%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 1542 S Bloomington St, Greencastle, IN 46135
  • CMS Rating: ★★★★★
  • Ownership Type: Government - Local
  • Hospital Type: Critical Access Hospitals