CMS Price Transparency Data

Blood test, vitamin B12

Facility: Mcpherson Hospital

Billing Code: 82607 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 82607
  • Insurance Median: $98
  • Cash Discount Price: $116
  • vs. Medicare Baseline: 6.50x Medicare
The contracted insurance negotiated median rate for a Blood test, vitamin B12 at Mcpherson Hospital is $98. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $116. Compared to the federal Medicare reimbursement reference rate of $15.08, this hospital’s rate is 6.50x the Medicare baseline. Located in 1000 Hospital Drive, Mcpherson, KS.
Cash / Self-Pay
$116

Average discount available for prompt cash payment at this facility.

Insurance Median
$98

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$15.08

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $15.08 (100%)
Cash / Self-Pay: $116 (769%)
Insurance Median: $98 (650%)
Cash: $116 (769% of Medicare)
Ins. Median: $98 (650% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $15.08 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 650% of the Medicare baseline (a markup of 550%). 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
Tricare $13 86%
Wellcare Mcr Adv - All Plans $15 99%
Healthy Blue Mcr Adv $15 99%
Blue Cross Blue Shield $15 99%
Va Ccn - All Plans $15 99%
Humana $15 99%
UnitedHealthcare $15 - $213 99%
Ambetter / Centene $17 113%
Wppa - All Plans $71 - $149 471%
Medical Associates - All Plans $76 - $160 504%
Central Plains - All Plans $76 - $160 504%
Christian Health Aid - All Plans $81 - $170 537%
Aetna $83 - $213 550%
Multiplan - All Plans $91 - $192 603%
Health Partners - All Plans $96 - $202 637%
First Health - All Plans $96 - $202 637%
Cigna $96 - $202 637%
Medicaid / KanCare $101 - $213 670%
Health Blue Mcaid - All Other Plans $103 - $217 683%

Consumer Guidance & Cost Commentary

For the CPT code 82607, representing a blood test for vitamin B12, McPherson Hospital in Kansas lists a gross charge of $157.00. This amount is significantly higher than the Medicare benchmark of $15.08, which serves as the federal baseline for the true cost of this service. While the facility offers a cash median price of $116.00 and a negotiated median of $98.00, these figures remain well above the Medicare rate. It is important to note that commercial insurance plans, such as UnitedHealthcare and Aetna, have negotiated rates ranging from $13 to $213, meaning that for some patients with high-deductible plans, paying the cash price of $116.00 upfront could result in lower out-of-pocket costs than relying on insurance reimbursement, especially if the insurer's allowed amount exceeds the cash rate.

Patients should be aware that the facility's cash rate is not necessarily the lowest possible option, as many commercial payers negotiate rates that can exceed the cash price due to administrative overhead and contract dynamics. For instance, UnitedHealthcare's range of $13 to $213 and Medicaid/KanCare's range of $101 to $213 illustrate how insurance negotiations can inflate the baseline price. To secure the most favorable rate, individuals should contact the hospital directly to inquire about "self-pay" or "prompt-pay" discounts, which can reduce the bill by 20% to 50% for upfront payment. Additionally, since the facility is an in-network location for many major carriers, patients should verify their specific plan's deductible status before scheduling

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 1000 Hospital Drive, Mcpherson, KS 67460
  • CMS Rating: ★★☆☆☆
  • Ownership Type: Voluntary non-profit - Private
  • Hospital Type: Acute Care Hospitals