CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: Methodist Hospitals of Memphis

Billing Code: 29881 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 29881
Insurance Median: $2,971
Cash Discount Price: $4,847
vs. Medicare Baseline: 0.89x Medicare

The contracted insurance negotiated median rate for a Knee arthroscopy with meniscus repair at Methodist Hospitals of Memphis is $2,971. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $4,847. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 0.89x the Medicare baseline. Located in 1265 Union Ave Suite 700, Memphis, TN.

Cash / Self-Pay

$4,847

Average discount available for prompt cash payment at this facility.

Insurance Median

$2,971

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: $4,847 (145%)

Insurance Median: $2,971 (89%)

Cash: $4,847 (145% of Medicare)

Ins. Median: $2,971 (89% 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.

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
Medicaid / KanCare	$297 - $2,449	9%
Blue Cross Blue Shield	$1,074 - $2,971	32%
UnitedHealthcare	$1,422 - $4,694	43%
Cigna	$2,080 - $6,203	62%
Molina Healthcare [350012]	$2,398 - $2,998	72%
Tricare	$2,895	87%
American Health Advantage Mcr Adv [450117]	$2,971	89%
Carecentrix [450200]	$2,971	89%
Generic Hospice Vbid [10940000101]	$2,971	89%
Humana	$2,971	89%
Medicare (plans)	$2,971	89%
Va Hospital [600005]	$2,971	89%
Devoted Health [450111]	$3,060	92%
Langston Performance Health [100405]	$3,606	108%
Select Specialty Hospital [100298]	$3,862	116%
United Food & Commercial Workers [100309]	$6,203	186%

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 $4,847.
Request and sign a "Waiver of Insurance Submission" to prevent automatic billing.
Verify CPT Code matches exactly: 29881.

Insurance In-Network Protection Plan

Contact your insurance company to confirm Methodist Hospitals of Memphis is fully in-network.
Ask your insurer if "Prior Authorization" is required for CPT code 29881.
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.