CMS Price Transparency Data

MRI, brain (with and without contrast)

Facility: Baptist Memorial Hospital Tipton

Billing Code: 70553 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 70553
  • Insurance Median: $589
  • Cash Discount Price: $1,451
  • vs. Medicare Baseline: 1.65x Medicare
The contracted insurance negotiated median rate for a MRI, brain (with and without contrast) at Baptist Memorial Hospital Tipton is $589. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $1,451. Compared to the federal Medicare reimbursement reference rate of $356.43, this hospital’s rate is 1.65x the Medicare baseline. Located in 1995 Highway 51 S, Covington, TN.
Cash / Self-Pay
$1,451

Average discount available for prompt cash payment at this facility.

Insurance Median
$589

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: $1,451 (407%)
Insurance Median: $589 (165%)
Cash: $1,451 (407% of Medicare)
Ins. Median: $589 (165% 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.

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
Wellpoint $285 - $343 80%
Triwest $314 88%
Oscar $327 92%
Vaccn $327 92%
Veterans Evaluation Services $327 92%
Blue Cross Blue Shield $334 - $3,628 94%
Devoted Health $334 94%
Molina $334 - $3,024 94%
Aetna $343 - $1,814 96%
American Health Plan $343 96%
Humana $343 - $720 96%
Novasys $343 - $4,535 96%
Shared Health $343 96%
Tribute Health Plan $343 96%
Arlington Community Schools $540 152%
Bartlett City Schools $540 152%
City Of Bartlett $540 152%
City Of Lakeland $540 152%
Collierville Schools $540 152%
Eas Mssc Schools $540 152%
Lakeland School System $540 152%
Town Of Collierville $540 152%
Magnolia Tn $552 155%
First State Bank Trust $556 156%
Armstrong Relocation $589 165%
Ashley Furniture Stores $589 165%
Brimhall Foods $589 165%
Building Plastic $589 165%
Burch Food Services $589 165%
Cannon Motor Company $589 165%
Carlisle $589 165%
Crittenden County $589 165%
Davidson Hospitality $589 165%
Desoto Co Board Of Supervisors $589 165%
Dunn Investment Company $589 165%
First Choice Health Plan Of Ms $589 - $4,233 165%
First Community Bank $589 165%
French Camp Academy $589 165%
Gossett Motor Cars $589 165%
Hattiesburg Clinic $589 165%
Heartland Catfish Company $589 165%
Heavy Machines $589 165%
Hollowell Industries $589 165%
Hospitality Management Advisors $589 165%
Jas D Collier $589 165%
Malco Theaters $589 165%
Mechanical Systems $589 165%
Mid-South Transport $589 165%
Patterson Warehouses $589 165%
Radians $589 165%
Rei Nation $589 165%
Retzer Resources $589 165%
Ritchey Automotive $589 165%
Security One $589 165%
Silver Tree $589 165%
State Systems $589 165%
United Tn Holdings $589 165%
Vaughn Electric $589 165%
W G Yates $589 165%
W W Wood Products $589 165%
Watkins Uiberall $589 165%
Y K Auto Group $589 165%
Access Health Services $654 - $3,628 183%
Employers Health Network $654 183%
Harding Academy $654 183%
Cigna $902 - $993 253%
Ppo Holdings $2,298 645%
Magnolia Regional Health Center $2,419 679%
Multiplan $2,600 - $4,535 729%
Littler $3,024 848%
Butler Snow $3,628 1018%
UnitedHealthcare $3,628 1018%
Mpcn $4,535 1272%
Ppo Plus $5,140 1442%
Qca $5,442 1527%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 1995 Highway 51 S, Covington, TN 38019
  • CMS Rating: ★★★☆☆
  • Ownership Type: Voluntary non-profit - Church
  • Hospital Type: Acute Care Hospitals