CMS Price Transparency Data

Blood test, vitamin B12

Facility: Sanford Vermillion Medical Center

Billing Code: 82607 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 82607
  • Insurance Median: $66
  • Cash Discount Price: $74
  • vs. Medicare Baseline: 4.38x Medicare
The contracted insurance negotiated median rate for a Blood test, vitamin B12 at Sanford Vermillion Medical Center is $66. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $74. Compared to the federal Medicare reimbursement reference rate of $15.08, this hospital’s rate is 4.38x the Medicare baseline. Located in 20 South Plum Street, Vermillion, SD.
Cash / Self-Pay
$74

Average discount available for prompt cash payment at this facility.

Insurance Median
$66

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: $74 (491%)
Insurance Median: $66 (438%)
Cash: $74 (491% of Medicare)
Ins. Median: $66 (438% 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 438% of the Medicare baseline (a markup of 338%). 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
Sanford Health Plan Align $27 179%
Wellmark Sd $28 186%
Ucare $30 - $82 199%
Aetna $31 - $81 206%
Health Partners $31 - $70 206%
Medicare (plans) $31 206%
Primewest $31 206%
UnitedHealthcare $31 - $78 206%
Sanford Health Plan $37 - $49 245%
Security Health Plan $51 338%
Medica $77 - $82 511%
Wellmark $80 - $81 531%
First Choice Health Network $84 557%
Healthez $84 557%
Multiplan $84 557%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 20 South Plum Street, Vermillion, SD 57069
  • CMS Rating: No CMS Rating
  • Ownership Type: Voluntary non-profit - Private
  • Hospital Type: Critical Access Hospitals