#4065 of 11K

V2112

HCPCS Procedure Code

HCPCS code V2112 is the #4,065 most-billed Medicaid procedure code, with $877K in payments across 77K claims from 2018–2024. The national median cost per claim is $11.37. Costs vary widely — the 90th percentile is $55.23 per claim, 4.9× the median.

Total Paid

$877K

0.00% of all spending

Total Claims

77K

Providers

Avg Cost/Claim

$11

National Cost Distribution

How much do providers bill per claim for V2112? Based on 30 providers billing this code nationally.

Median

$11.37

Average

$20.42

Std Dev

$19.09

Max

$63.71

Percentile Distribution (Cost per Claim)

p10

$5.91

p25

$7.73

Median

$11.37

p75

$22.32

p90

$55.23

p95

$62.06

p99

$63.64

50% of providers bill between $7.73 and $22.32 per claim for this code.

90% bill between $5.91 and $55.23.

Top 1% bill above $63.64.

About This Procedure

HCPCS code V2112 was billed by 33 providers across 77K claims, totaling $877K in Medicaid payments from 2018–2024. This code was used for 70K unique beneficiaries.

Risk Assessment

Billing Statistics

Median Cost/Claim

$11.37

Providers Billing

National Spending

$877K

Avg/Median Ratio

1.80×

Moderately skewed

Top Providers Billing This Code

Ranked by total Medicaid payments for V2112

#	Provider	Total Paid	Cost/Claim	vs Median	Tier
1	Classic Optical Laboratories, Inc. Youngstown, OH · Technician/Technologist, Ocularist	$206K	$6.97	0.6× median	Below Median
2	1649487729	$139K	$15.87	1.4× median	Above Median
3	1588871669	$103K	$15.95	1.4× median	Above Median
4	1376576777	$99K	$10.36	0.9× median	Below Median
5	1699968073	$72K	$60.32	5.3× median	Top 10%
6	1518598952	$52K	$16.77	1.5× median	Above Median
7	1417156589	$36K	$7.79	0.7× median	Below Median
8	1295808012	$27K	$27.92	2.5× median	Above 75th
9	1821296096	$21K	$10.76	0.9× median	Below Median
10	1386077832	$18K	$11.64	1.0× median	Above Median
11	1811120538	$15K	$63.71	5.6× median	Top 1%
12	1174011209	$15K	$10.18	0.9× median	Below Median
13	1780896332	$12K	$11.00	1.0× median	Below Median
14	1861827578	$11K	$54.67	4.8× median	Above 75th
15	1194192070	$10K	$12.51	1.1× median	Above Median
16	1043527690	$9K	$5.94	0.5× median	Below Median
17	1609112465	$7K	$47.48	4.2× median	Above 75th
18	1174630677	$7K	$5.68	0.5× median	Below Median
19	1124365739	$4K	$5.50	0.5× median	Below Median
20	1417436775	$4K	$7.71	0.7× median	Below Median

Showing top 20 of 33 providers billing this code

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