CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: Monument Health Rapid City Hospital

Billing Code: 29881 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 29881
  • Insurance Median: $10,775
  • Cash Discount Price: $17,764
  • vs. Medicare Baseline: 3.22x Medicare
The contracted insurance negotiated median rate for a Knee arthroscopy with meniscus repair at Monument Health Rapid City Hospital is $10,775. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $17,764. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 3.22x the Medicare baseline. Located in 353 Fairmont Blvd, Rapid City, SD.
Cash / Self-Pay
$17,764

Average discount available for prompt cash payment at this facility.

Insurance Median
$10,775

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$3,342.87

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $3,342.87 (100%)
Cash / Self-Pay: $17,764 (531%)
Insurance Median: $10,775 (322%)
Cash: $17,764 (531% of Medicare)
Ins. Median: $10,775 (322% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $3,342.87 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 322% of the Medicare baseline (a markup of 222%). 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
Blue Cross Blue Shield $3,303 - $6,075 99%
Healthpartners [3081368] $3,303 99%
Humana $3,303 - $15,988 99%
Medicare (plans) $3,303 99%
Tricare $3,303 99%
UnitedHealthcare $3,303 - $10,775 99%
Va Black Hills Health Care System 12115 [3081206] $3,303 99%
Minnesota Health Care Programs 12K16 [3081295] $5,383 161%
Risk Admin Svs [3081167] $5,502 165%
Health Partners Sx009 [3081102] $9,979 299%
Govt Employees Health Assn [3081090] $10,775 322%
National Telephone Cooperative Assn 52103 [3081149] $10,775 322%
Surest [3081369] $10,775 322%
United Medical Resources 39026 [3081194] $10,775 322%
Coresource 38225 [3081146] $11,547 345%
Avera Health Plans 46045 [3081018] $13,057 391%
Rocky Mountain Admin Llc 83028 [3081168] $14,212 425%
Group And Pension Administrators Inc [3081098] $14,466 433%
Multiplan Inc 34080 [3081285] $14,466 433%
Medica (Commercial) 94265 [3081118] $14,745 441%
Employee Benefit Management 12X44 [3081079] $15,100 452%
Pacificsource Health Plans [3081333] $15,100 452%
Aetna $15,988 478%
Sanford Health Plan 91184 [3081174] $15,988 478%
Tlc Advantage Llc [3081189] $16,699 500%
Fedmed Inc [3081283] $16,876 505%
Allied Benefit Systems Inc [3081320] $17,054 510%
Cigna $17,054 510%
Key Benefit Administrators [3081332] $17,054 510%
Meritain Health [3081135] $17,054 510%
Midlands Choice 47080 [3081136] $17,054 510%
Preferred One 41147 [3081160] $17,054 510%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 353 Fairmont Blvd, Rapid City, SD 57701
  • CMS Rating: ★★★☆☆
  • Ownership Type: Voluntary non-profit - Private
  • Hospital Type: Acute Care Hospitals