CMS Price Transparency Data

Knee arthroscopy with meniscus repair

Facility: Valley Medical Center

Billing Code: 29881 (CPT)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 29881
  • Insurance Median: $6,723
  • Cash Discount Price: $41,261
  • vs. Medicare Baseline: 2.01x Medicare
The contracted insurance negotiated median rate for a Knee arthroscopy with meniscus repair at Valley Medical Center is $6,723. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $41,261. Compared to the federal Medicare reimbursement reference rate of $3,342.87, this hospital’s rate is 2.01x the Medicare baseline. Located in 400 S 43Rd St, Renton, WA.
Cash / Self-Pay
$41,261

Average discount available for prompt cash payment at this facility.

Insurance Median
$6,723

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: $41,261 (1234%)
Insurance Median: $6,723 (201%)
Cash: $41,261 (1234% of Medicare)
Ins. Median: $6,723 (201% 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 201% of the Medicare baseline (a markup of 101%). 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
Great West [190102] $1,200 36%
Christian Brother Employee Benefit Trust [110100] $1,426 43%
Pacificsource [130122] $1,426 43%
Soundpath Health-Termed [210113] $2,889 86%
Benefit Md [150113] $6,723 201%
Carpenters Trust [150122] $6,723 201%
Cement Masons And Plasterers [150127] $6,723 201%
Coresource [150109] $6,723 201%
Employee Benefit Management Services [150108] $6,723 201%
Fc Moda Health [150139] $6,723 201%
First Choice Health Administrators [150110] $6,723 201%
First Choice Health Comp [150112] $6,723 201%
First Choice [150134] $6,723 201%
Health Net [150111] $6,723 201%
Here [150114] $6,723 201%
Hotel Employees Health Trust [150115] $6,723 201%
International Longshore & Warehouse Union [150116] $6,723 201%
Kitsap Physician Services [150118] $6,723 201%
Loomis Benefits West [150119] $6,723 201%
Mega [150120] $6,723 201%
Midwest [150121] $6,723 201%
Nw Administrators [150123] $6,723 201%
Operating Engineers [150125] $6,723 201%
Painters Trust [150126] $6,723 201%
Puget Sound Electric [150131] $6,723 201%
Seattle Plumb And Pipe [150132] $6,723 201%
Trusteed Plan [150101] $6,723 201%
United Employee Benefit Trust [150137] $6,723 201%
UnitedHealthcare $6,723 201%
Washington Bakers Trust [150102] $6,723 201%
Washington Employers Trust [150103] $6,723 201%
Washington State Health Ins Pool [150104] $6,723 201%
Welfare Pension Administration Services [150105] $6,723 201%
Zenith Admin [150106] $6,723 201%
Zzjohn Alden [150117] $6,723 201%
Zzprincipal Financial Group [150128] $6,723 201%
Zzprovidence [150129] $6,723 201%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 400 S 43Rd St, Renton, WA 98055
  • CMS Rating: ★★☆☆☆
  • Ownership Type: Government - Hospital District or Authority
  • Hospital Type: Acute Care Hospitals