CMS Price Transparency Data

MRI, knee or other leg joint

Facility: Mcpherson Hospital

Billing Code: 73721 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 73721
  • Insurance Median: $2,049
  • Cash Discount Price: $2,166
  • vs. Medicare Baseline: 8.41x Medicare
The contracted insurance negotiated median rate for a MRI, knee or other leg joint at Mcpherson Hospital is $2,049. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $2,166. Compared to the federal Medicare reimbursement reference rate of $243.77, this hospital’s rate is 8.41x the Medicare baseline. Located in 1000 Hospital Drive, Mcpherson, KS.
Cash / Self-Pay
$2,166

Average discount available for prompt cash payment at this facility.

Insurance Median
$2,049

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: $2,166 (889%)
Insurance Median: $2,049 (841%)
Cash: $2,166 (889% of Medicare)
Ins. Median: $2,049 (841% 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 841% of the Medicare baseline (a markup of 741%). 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
UnitedHealthcare $51 - $3,495 21%
Tricare $53 - $193 22%
Blue Cross Blue Shield $60 - $219 25%
Wellcare Mcr Adv - All Plans $60 - $219 25%
Healthy Blue Mcr Adv $60 - $219 25%
Aetna $60 - $3,495 25%
Humana $60 - $219 25%
Va Ccn - All Plans $60 - $219 25%
Ambetter / Centene $60 - $252 25%
Multiplan - All Plans $74 - $3,146 30%
Medicaid / KanCare $197 - $3,495 81%
Health Blue Mcaid - All Other Plans $201 - $3,565 82%
Medical Associates - All Plans $430 - $2,621 176%
Central Plains - All Plans $430 - $2,621 176%
Cigna $544 - $3,320 223%
Health Partners - All Plans $544 - $3,320 223%
Wppa - All Plans $2,049 - $2,446 841%
Christian Health Aid - All Plans $2,342 - $2,796 961%
First Health - All Plans $2,781 - $3,320 1141%

Consumer Guidance & Cost Commentary

For the MRI procedure of the knee or other leg joint at McPherson Hospital in Mcpherson, Kansas, the cash median price is $2,166.00, while the median amount paid by insurance is $2,283.00. This indicates that for patients with high-deductible plans, paying cash upfront may be more cost-effective than using insurance, as the negotiated rates from payers like UnitedHealthcare and Aetna can exceed the cash price. Although the facility's negotiated rate of $2,049.00 is lower than the cash median, it is important to verify your specific plan's deductible status before scheduling, as paying out-of-pocket might result in a lower total out-of-pocket cost if your insurance has not yet covered the service.

When evaluating costs, it is crucial to compare rates against the Medicare benchmark rather than the hospital's gross charges, as the latter can be inflated to make discounts appear larger. The Medicare amount for this service is $243.77, which serves as the objective baseline for fair pricing; commercial negotiated rates typically range from 200% to 300% of this figure, though fair pricing is often defined as 120% to 150%. Additionally, patients should be aware of the No Surprises Act, which prohibits balance billing for emergency care and non-emergency services from out-of-network providers at in-network facilities, and should request a formal itemized audit if they receive a summary bill that obscures individual line items or unbundled codes.

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