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#1147 of 11K

86704

HCPCS Procedure Code

HCPCS code 86704 is the #1,147 most-billed Medicaid procedure code, with $37.1M in payments across 5.8M claims from 2018–2024. The national median cost per claim is $7.48. Costs vary widely — the 90th percentile is $16.66 per claim, 2.2× the median.

Total Paid

$37.1M

0.00% of all spending

Total Claims

5.8M

Providers

2K

Avg Cost/Claim

$6

National Cost Distribution

How much do providers bill per claim for 86704? Based on 1K providers billing this code nationally.

Median

$7.48

Average

$13.59

Std Dev

$35.07

Max

$708.94

Percentile Distribution (Cost per Claim)

p10
$0.55
p25
$3.10
Median
$7.48
p75
$11.06
p90
$16.66
p95
$36.94
p99
$180.86

50% of providers bill between $3.10 and $11.06 per claim for this code.

90% bill between $0.55 and $16.66.

Top 1% bill above $180.86.

About This Procedure

HCPCS code 86704 was billed by 2K providers across 5.8M claims, totaling $37.1M in Medicaid payments from 2018–2024. This code was used for 5.5M unique beneficiaries.

Risk Assessment

Billing Statistics

Median Cost/Claim

$7.48

Providers Billing

1K

National Spending

$37.1M

Avg/Median Ratio

1.82×

Moderately skewed

Top Providers Billing This Code

Ranked by total Medicaid payments for 86704

#ProviderTotal Paid
1Bioreference Health Llc

Elmwood Park, NJ · Clinical Medical Laboratory

$2.9M
2Laboratory Corporation Of America Holdings

Raritan, NJ · Clinical Medical Laboratory

$1.6M
3Unilab Corporation

West Hills, CA · Clinical Medical Laboratory

$1.6M
4Laboratory Corporation Of America Holdings

Dublin, OH · Clinical Medical Laboratory

$1.5M
5Laboratory Corporation Of America Holdings

Burlington, NC · Clinical Medical Laboratory

$1.3M
6Quest Diagnostics Incorporated

Clifton, NJ · Clinical Medical Laboratory

$1.2M
7Quest Diagnostics Llc Il

Wood Dale, IL · Clinical Medical Laboratory

$859K
8Laboratory Corporation Of America

Seattle, WA · Clinical Medical Laboratory

$698K
91144202003$690K
10Unilab Corporation

Sacramento, CA · Clinical Medical Laboratory

$582K
11Labone Llc

Lenexa, KS · Clinical Medical Laboratory

$523K
12Empire City Laboratories, Inc

Brooklyn, NY · Clinical Medical Laboratory

$503K
13Accu Reference Medical Lab, Llc

Linden, NJ · Clinical Medical Laboratory

$488K
14Quest Diagnostics Llc

Marlborough, MA · Clinical Medical Laboratory

$443K
15Quest Diagnostics Massachusetts Llc

Marlborough, MA · Clinical Medical Laboratory

$407K
16Lenco Diagnostic Laboratories,inc.

Brooklyn, NY · Clinical Medical Laboratory

$368K
17Labone Of Ohio Inc

Cincinnati, OH · Clinical Medical Laboratory

$366K
181316983158$344K
19Laboratory Corporation Of America Holdings

Birmingham, AL · Clinical Medical Laboratory

$327K
20Clinical Pathology Laboratories, Inc.

Austin, TX · Clinical Medical Laboratory

$319K

Showing top 20 of 2K providers billing this code