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#2783 of 11K

68040

HCPCS Procedure Code

HCPCS code 68040 is the #2,783 most-billed Medicaid procedure code, with $3.7M in payments across 87K claims from 2018–2024. The national median cost per claim is $30.05.

Total Paid

$3.7M

0.00% of all spending

Total Claims

87K

Providers

30

Avg Cost/Claim

$42

National Cost Distribution

How much do providers bill per claim for 68040? Based on 26 providers billing this code nationally.

Median

$30.05

Average

$29.38

Std Dev

$22.21

Max

$77.66

Percentile Distribution (Cost per Claim)

p10
$4.05
p25
$9.19
Median
$30.05
p75
$45.25
p90
$57.42
p95
$62.54
p99
$74.18

50% of providers bill between $9.19 and $45.25 per claim for this code.

90% bill between $4.05 and $57.42.

Top 1% bill above $74.18.

About This Procedure

HCPCS code 68040 was billed by 30 providers across 87K claims, totaling $3.7M in Medicaid payments from 2018–2024. This code was used for 58K unique beneficiaries.

Risk Assessment

Billing Statistics

Median Cost/Claim

$30.05

Providers Billing

26

National Spending

$3.7M

Avg/Median Ratio

0.98×

Normal distribution

Top Providers Billing This Code

Ranked by total Medicaid payments for 68040

#ProviderTotal Paid
11598274243$1.2M
21174039531$990K
31013453315$662K
41679943005$253K
51386120616$182K
61982601191$156K
71457414286$118K
81811082571$29K
91871508440$28K
101417481680$20K
111174758395$19K
121003848714$18K
131902102742$10K
141578541991$7K
151427705755$5K
161063400604$5K
171720175938$4K
181063415537$3K
191134342439$2K
201427121235$2K

Showing top 20 of 30 providers billing this code