CMS Price Transparency Data

MRI, brain (with and without contrast)

Facility: Henrico Doctors' Hospital

Billing Code: 70553 (CPT)

Factual Cost Summary (Answer Capsule)

CPT Billing Code: 70553
Insurance Median: $1,410
Cash Discount Price: $7,981
vs. Medicare Baseline: 3.96x Medicare

The contracted insurance negotiated median rate for a MRI, brain (with and without contrast) at Henrico Doctors' Hospital is $1,410. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $7,981. Compared to the federal Medicare reimbursement reference rate of $356.43, this hospital’s rate is 3.96x the Medicare baseline. Located in 1602 Skipwith Road, Richmond, VA.

Cash / Self-Pay

$7,981

Average discount available for prompt cash payment at this facility.

Insurance Median

$1,410

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: $7,981 (2239%)

Insurance Median: $1,410 (396%)

Cash: $7,981 (2239% of Medicare)

Ins. Median: $1,410 (396% 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 396% of the Medicare baseline (a markup of 296%). 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
Blue Cross Blue Shield	$335 - $1,433	94%
United	$828 - $3,591	232%
Aetna	$1,387 - $1,866	389%
Lifeworks	$1,516	425%
Universal Healthcare Group	$1,756	493%
Virginia Health Network	$2,793 - $5,188	784%
Greenvbrier Sporting Club	$4,789	1344%
Corvel	$5,746	1612%
Occunet Workers Comp	$6,385	1791%
4Most Health Nework	$7,183	2015%
Multiplan	$7,183	2015%

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 $7,981.
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 Henrico Doctors' 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.