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#3081 of 11K

85240

HCPCS Procedure Code

HCPCS code 85240 is the #3,081 most-billed Medicaid procedure code, with $2.6M in payments across 256K claims from 2018–2024. The national median cost per claim is $11.38. Costs vary widely — the 90th percentile is $22.78 per claim, 2.0× the median.

Total Paid

$2.6M

0.00% of all spending

Total Claims

256K

Providers

223

Avg Cost/Claim

$10

National Cost Distribution

How much do providers bill per claim for 85240? Based on 219 providers billing this code nationally.

Median

$11.38

Average

$14.81

Std Dev

$22.10

Max

$270.40

Percentile Distribution (Cost per Claim)

p10
$3.81
p25
$6.68
Median
$11.38
p75
$16.60
p90
$22.78
p95
$26.84
p99
$90.64

50% of providers bill between $6.68 and $16.60 per claim for this code.

90% bill between $3.81 and $22.78.

Top 1% bill above $90.64.

About This Procedure

HCPCS code 85240 was billed by 223 providers across 256K claims, totaling $2.6M in Medicaid payments from 2018–2024. This code was used for 240K unique beneficiaries.

Risk Assessment

Billing Statistics

Median Cost/Claim

$11.38

Providers Billing

219

National Spending

$2.6M

Avg/Median Ratio

1.30×

Normal distribution

Top Providers Billing This Code

Ranked by total Medicaid payments for 85240

#ProviderTotal Paid
1Laboratory Corporation Of America Holdings

Burlington, NC · Clinical Medical Laboratory

$306K
2Unilab Corporation

West Hills, CA · Clinical Medical Laboratory

$103K
3Quest Diagnostics Clinical Laboratories Inc

Miramar, FL · Clinical Medical Laboratory

$96K
4Quest Diagnostics Clinical Laboratories Inc

Irving, TX · Clinical Medical Laboratory

$75K
51447296272$75K
6Bioreference Health Llc

Elmwood Park, NJ · Clinical Medical Laboratory

$67K
7Quest Diagnostics Incorporated

Clifton, NJ · Clinical Medical Laboratory

$64K
81700949336$63K
9Laboratory Corporation Of America

Phoenix, AZ · Clinical Medical Laboratory

$53K
10Scottish Rite Children's Medical Center

Atlanta, GA · Pediatrics Pediatric Hematology-Oncology

$53K
11Laboratory Corporation Of America Holdings

Raritan, NJ · Clinical Medical Laboratory

$50K
12Laboratory Corporation Of America Holdings

Dublin, OH · Clinical Medical Laboratory

$47K
13Children's Hospital Of Wisconsin, Inc.

Milwaukee, WI · Dentist, Pediatric Dentistry

$43K
14Egleston Children's Hospital At Emory University Inc.

Atlanta, GA · Pediatrics Pediatric Emergency Medicine

$42K
151780620526$40K
16Sonora Quest Laboratories Llc

Phoenix, AZ · Clinical Medical Laboratory

$39K
171629109137$36K
18Quest Diagnostics Llc Il

Wood Dale, IL · Clinical Medical Laboratory

$36K
19Children's Hospital Medical Center

Cincinnati, OH · Clinic/Center, Primary Care

$35K
20The Cleveland Clinic Foundation

Cleveland, OH · General Acute Care Hospital

$32K

Showing top 20 of 223 providers billing this code