CMS Price Transparency Data

Blood test, ferritin (iron stores)

Facility: Pratt Regional Medical Center

Billing Code: 82728 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 82728
  • Insurance Median: $100
  • Cash Discount Price: $80
  • vs. Medicare Baseline: 7.34x Medicare
The contracted insurance negotiated median rate for a Blood test, ferritin (iron stores) at Pratt Regional Medical Center is $100. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $80. Compared to the federal Medicare reimbursement reference rate of $13.63, this hospital’s rate is 7.34x the Medicare baseline. Located in 200 Commodore St, Pratt, KS.
Cash / Self-Pay
$80

Average discount available for prompt cash payment at this facility.

Insurance Median
$100

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$13.63

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $13.63 (100%)
Cash / Self-Pay: $80 (587%)
Insurance Median: $100 (734%)
Cash: $80 (587% of Medicare)
Ins. Median: $100 (734% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $13.63 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 734% of the Medicare baseline (a markup of 634%). 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
Christian Health Aid $86 631%
UnitedHealthcare $95 - $116 697%
Health Partners Of Kansas $97 712%
Aetna $103 756%
Choicecare $114 836%

Consumer Guidance & Cost Commentary

For the blood test for ferritin (iron stores) at Pratt Regional Medical Center in Pratt, KS, the cash price is $80.00, which is lower than the facility's gross charge of $114.00. While the facility's negotiated rates with major payers like UnitedHealthcare and Aetna range from $95 to $116, these amounts often exceed the cash price, meaning self-pay patients could save money by paying directly. The facility's cash rate is also notably lower than the state average, though specific county averages were not provided in this data. Patients with high-deductible plans should consider paying the cash price upfront, as it avoids the administrative costs and potential higher negotiated rates that insurance billing can incur.

To ensure you are not overcharged, it is important to request an itemized bill before paying, as summary invoices can hide errors or unbundled charges. If you receive a balance bill from an out-of-network provider, such as for emergency services or ancillary lab work, the No Surprises Act may protect you from paying the difference between the provider's full rate and your insurance allowed amount. Additionally, ask the hospital about prompt-pay discounts, which can reduce your bill by 20% to 50% if paid in full within 30 days, bypassing the slower insurance claims process. Always verify your deductible status and request a self-pay classification at registration to secure the best possible rate for this service.

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 200 Commodore St, Pratt, KS 67124
  • CMS Rating: ★★★★☆
  • Ownership Type: Proprietary
  • Hospital Type: Acute Care Hospitals