CMS Price Transparency Data

MRI, brain (with and without contrast)

Facility: Valley Hospital

Billing Code: 70553 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 70553
Insurance Median: $775
Cash Discount Price: $1,899
vs. Medicare Baseline: 2.17x Medicare

The contracted insurance negotiated median rate for a MRI, brain (with and without contrast) at Valley Hospital is $775. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $1,899. Compared to the federal Medicare reimbursement reference rate of $356.43, this hospital’s rate is 2.17x the Medicare baseline. Located in 4 Valley Health Plaza, Paramus, NJ.

Cash / Self-Pay

$1,899

Average discount available for prompt cash payment at this facility.

Insurance Median

$775

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: $1,899 (533%)

Insurance Median: $775 (217%)

Cash: $1,899 (533% of Medicare)

Ins. Median: $775 (217% 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 217% of the Medicare baseline (a markup of 117%). Patients with high-deductible plans or out-of-network benefits may face excessive out-of-pocket costs.

Consult Patient Advocate

Out-of-Pocket Cost Estimator

Estimate whether it is more economical to use your insurance or pay the upfront self-pay cash rate.

Billing Status

Remaining Deductible ($)

Your Coinsurance 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
Horizon	$353 - $744	99%
Clover	$414	116%
Aetna	$414 - $800	116%
UnitedHealthcare	$414 - $1,750	116%
Humana	$414	116%
Medicare (plans)	$414	116%
Wellpoint	$427	120%
Centivo	$767	215%
Cigna	$1,594 - $2,070	447%
Amerihealth	$1,982 - $2,450	556%
Qualcare	$2,123 - $2,625	596%

Self-Pay Upfront Cash Action Plan

Request a "Self-Pay classification" with the billing desk before receiving care.
Ask for a written "Prompt-Pay Discount" agreement quoting the price of $1,899.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 70553.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Valley Hospital is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 70553.
Confirm the specific physician or imaging center is also in-network (not just the hospital building).
Audit your Explanation of Benefits (EOB) against the final itemized hospital invoice.