CMS Price Transparency Data

Blood test, ferritin (iron stores)

Facility: Lmh

Billing Code: 82728 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 82728
  • Insurance Median: $23
  • Cash Discount Price: $79
  • vs. Medicare Baseline: 1.69x Medicare
The contracted insurance negotiated median rate for a Blood test, ferritin (iron stores) at Lmh is $23. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $79. Compared to the federal Medicare reimbursement reference rate of $13.63, this hospital’s rate is 1.69x the Medicare baseline. Located in 325 Maine Street, Lawrence, KS.
Cash / Self-Pay
$79

Average discount available for prompt cash payment at this facility.

Insurance Median
$23

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: $79 (580%)
Insurance Median: $23 (169%)
Cash: $79 (580% of Medicare)
Ins. Median: $23 (169% 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.

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 $12 - $319 88%
Blue Cross Blue Shield $12 - $203 88%
Medicare (plans) $14 - $314 103%
Humana $14 - $314 103%
Allwell $14 103%
Haskell Indian Health Services $14 103%
Cigna $14 - $314 103%
Aetna $15 - $261 110%
Ambetter / Centene $21 154%
Non Contracted $251 1842%
First Health $292 2142%

Consumer Guidance & Cost Commentary

For the CPT code 82728, representing a blood test for ferritin (iron stores), the facility in Lawrence, KS, has a cash median price of $79.00. This cash rate is significantly lower than the facility's gross charge of $314.00 and aligns closely with the maximum negotiated rate of $314.00 seen across several major payers like UnitedHealthcare, Cigna, and Medicare. While the facility is in-network for most commercial plans, patients should be aware that commercial negotiated rates often include administrative overhead and can exceed the cash price. For individuals with high-deductible plans, paying the cash price of $79.00 upfront may result in lower out-of-pocket costs compared to meeting a deductible before the insurance pays its share of a higher negotiated rate.

When evaluating the cost relative to Medicare benchmarks, the facility's cash rate of $79.00 is approximately 5.8 times the Medicare amount of $13.63, which falls well above the typical fair pricing range of 120% to 150% of the Medicare rate. This markup is common in commercial settings where administrative costs and risk premiums are factored in. To potentially reduce this cost, patients should contact the hospital directly to inquire about "self-pay" or "prompt-pay" discounts, which can offer a fee reduction of 20% to 50% for upfront payment. Additionally, since the facility is a government-owned acute care hospital, patients should request a detailed, itemized bill to ensure no errors or unbundled charges are present before finalizing payment.

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 325 Maine Street, Lawrence, KS 66044
  • CMS Rating: ★★★★☆
  • Ownership Type: Government - Local
  • Hospital Type: Acute Care Hospitals