Cardiovascular Surgery · 37231

Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel

What Medicare pays for 37231, what providers bill, and how the price varies across 26 states, drawn from CMS 2023 claims data.

$8,114.06
Medicare pays
$27,107.83
Providers bill
3.3×
Markup
#3,928 of 9,297
Volume rank

The verdict

Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel pairs above-median national service volume with one of the smaller markups in the catalog.

Top 42%
national service volume
18th pct.
billed-to-Medicare markup
3.3×
billed vs. Medicare
$8,114.06
Medicare pays, national avg

Volume percentile ranks this code's national service volume against every tracked procedure; markup percentile ranks its billed-to-Medicare ratio the same way. The same two figures drive both the verdict sentence and the chips above.

According to the Centers for Medicare & Medicaid Services (CMS), the 2023 Medicare Physician & Other Practitioners dataset records payments for 9,297 procedure codes billed across 5,426 hospitals in 56 states and territories; see our methodology for how each figure is sourced and computed.

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Payment tier in Cardiovascular Surgery
Top-paying in category
#1 of 568 procedures in Cardiovascular Surgery by national average Medicare payment.
Markup tier vs. tracked procedures
Modest markup
3.3x the Medicare rate — ranks #3,512 of 4,435 tracked procedures by billed-vs-Medicare markup (rank #1 = steepest).
2.7K
Total Services
2.2K
Beneficiaries
667
Providers
26
States with Data

Price Range Across States

Lowest State Avg
$517.18
South Dakota
Highest State Avg
$9,844.64
Maryland

What You Might Pay

Est. Commercial Insurance
$25,846.06
Range: $18,092.24 – $36,184.48
Est. Cash / Self-Pay
$15,086.36
Typical self-pay discount

Estimated using RAND 2024 commercial-to-Medicare ratios. Actual prices vary by insurer, plan, and facility.

How we estimate these prices

These estimates are based on the RAND Hospital Price Transparency Study (4th Edition, 2024). We map each PlainProcedure category onto a RAND CPT-section bucket (Surgery, Radiology, Pathology and Laboratory, Medicine, Anesthesia, Evaluation and Management) or fall back to the national average when no bucket matches. For Cardiovascular Surgery, the applied ratio is 2.54x Medicare (RAND 2024 Surgery bucket (2.54x) + CMS Medicare baseline). Cash/self-pay estimates blend typical cash discounts (55% of billed charges) with Medicare-based estimates (150% of allowed amounts). These are statistical estimates, not quotes. Contact your insurer or provider for actual costs.

Where this markup sits nationally

Markup (billed ÷ Medicare) across 8,901 procedures with a meaningful Medicare rate

3 more affordable than 18% of 8,901 procedures

1–2: 466 procedures (5%). Below this entry. 2–3: 681 procedures (8%). Below this entry. 3–4: 845 procedures (9%). This entry sits in this band. 4–5: 1,308 procedures (15%). Above this entry. 5–6: 1,725 procedures (19%). Above this entry. 6–7: 1,217 procedures (14%). Above this entry. 7–8: 801 procedures (9%). Above this entry. 8–9: 541 procedures (6%). Above this entry. 9–10: 351 procedures (4%). Above this entry. 10–11: 246 procedures (3%). Above this entry. 11–12: 151 procedures (2%). Above this entry. 12–13: 175 procedures (2%). Above this entry. 13–14: 140 procedures (2%). Above this entry. 14–15: 40 procedures (0%). Above this entry. 15–16: 39 procedures (0%). Above this entry. 16–17: 26 procedures (0%). Above this entry. 17–18: 25 procedures (0%). Above this entry. 18–19: 21 procedures (0%). Above this entry. 19–20: 12 procedures (0%). Above this entry. 20–21: 16 procedures (0%). Above this entry. 21–22: 13 procedures (0%). Above this entry. 22–23: 8 procedures (0%). Above this entry. 23–24: 9 procedures (0%). Above this entry. 24–25: 4 procedures (0%). Above this entry. 25–26: 3 procedures (0%). Above this entry. 26–27: 3 procedures (0%). Above this entry. 27–28: 4 procedures (0%). Above this entry. 28–29: 3 procedures (0%). Above this entry. 29–30: 2 procedures (0%). Above this entry. 30–31: 26 procedures (0%). Above this entry. this procedure 1 31 × markup, bucketed by value

Each bar is a 1-wide band; taller bars hold more procedures. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.

Source CMS Medicare Physician & Other Practitioners · 2023

Prices by State

State Medicare Payment Billed Charge
Maryland $9,844.64 $21,138.30
New Jersey $9,808.61 $34,822.21
District of Columbia $9,803.24 $21,871.92
New York $9,713.08 $35,105.04
Virginia $9,510.74 $40,013.24
Massachusetts $9,241.55 $38,392.08
Arizona $9,129.95 $25,484.20
California $9,002.55 $27,314.23
Wisconsin $8,968.98 $35,036.03
Florida $8,816.87 $25,017.43
Utah $8,725.57 $13,967.29
Illinois $8,698.57 $27,302.05
Kansas $8,564.88 $33,057.04
North Carolina $8,509.22 $26,189.33
Alabama $8,491.98 $17,938.96
Louisiana $8,409.70 $50,106.76
Tennessee $8,381.35 $26,456.17
Oklahoma $8,304.47 $52,376.37
Pennsylvania $8,270.82 $25,219.19
Michigan $7,415.21 $24,705.28
Texas $6,748.96 $26,728.69
Iowa $6,034.49 $32,507.61
Georgia $5,591.12 $31,920.99
Arkansas $4,558.95 $14,215.04
Missouri $4,189.34 $23,960.15
South Dakota $517.18 $4,606.50

What the Data Says About Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel

Across 26 states with reporting providers, CPT code 37231 (Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel) shows a national average Medicare payment of $8,114.06 against an average billed charge of $27,107.83. That gap, a 3.3x markup, or 234% above the Medicare allowed amount, is among the tightest billed-to-paid spreads we track, this code's chargemaster rate tracks unusually close to the Medicare benchmark.

Cardiovascular Surgery procedures like this one saw 2.7K services billed to Medicare in 2023 by 667 distinct providers, serving 2.2K unique beneficiaries. State-level variation is significant: South Dakota reports the lowest average payment at $517.18, while Maryland reports the highest at $9,844.64. A 1804% spread this wide is typically a GPCI story: practice-expense and malpractice-premium components of the fee formula diverge sharply by locality even though the procedure code never changes. Applying the RAND 2024 commercial-to-Medicare ratio for this category (2.54x Medicare; RAND 2024 Surgery bucket (2.54x) + CMS Medicare baseline), the estimated commercial insurance price lands near $25,846.06, with self-pay cash discounts commonly bringing the figure closer to $15,086.36. Within Cardiovascular Surgery, Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel ranks #1 of 568 tracked procedures by national average Medicare payment.

Where this sits in the registry

Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel (37231) is a CMS 2023 Part B code. These pages keep the volume map and the markup map separate.

  • National volume versus markup on the statistics page, the same two maps as this capsule. Statistics
  • Other Cardiovascular Surgery codes, ranked by Medicare payment inside the category. Category
  • How volume rank and markup rank are computed. Methodology
  • The full procedures listing in volume order. Procedures

Figures here are CMS averages, not a quote for any patient, plan, or visit.

Frequently Asked Questions

Where does Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel rank among Medicare procedures?

According to CMS Medicare Part B claims, Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel (CPT 37231) ranks #3,928 of 9,297 procedures by national service volume, the same sort as the procedures listing, and #1 of 568 within Cardiovascular Surgery by national average Medicare payment. See /methodology#corpus-placement.

How much does Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel cost?

Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel (CPT 37231) shows unusually wide state-to-state pricing: Medicare pays $8,114.06 on average nationally, but the $517.18-$9,844.64 range across states spans more than double from cheapest to priciest.

Why do providers charge more than Medicare pays?

Providers set their own chargemaster rates (billed charges), which are typically much higher than what any insurer pays. Medicare pays a fixed rate based on the procedure code and geographic location. The billed charge is relevant mainly for uninsured patients, who may face prices closer to the submitted charge.

How much does Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel cost with insurance?

Commercial insurers pay well above Medicare for removal of plaque and insertion of stents in artery of leg, initial vessel, an estimated $25,846.06 on average (range: $18,092.24-$36,184.48), versus $8,114.06 from Medicare. Without insurance, the estimated cash price is $15,086.36.

Which state has the lowest cost for Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel?

South Dakota has by far the lowest average Medicare payment for Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel at $517.18, while Maryland pays more than double at $9,844.64 - a $9,327.46 gap.

How many providers perform Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel?

A moderate provider base performs Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel: 667 providers nationally, totaling 2.7K Medicare-billed services (2.2K beneficiaries) across 26 states in 2023.

What is the billed-to-Medicare markup for Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel?

Providers bill 3.3x what Medicare pays for Removal Of Plaque And Insertion Of Stents In Artery Of Leg, Initial Vessel - one of the smaller markups in the catalog at 234% above the Medicare rate.

Nationwide similar CPT codes

Data-derived peers across the CMS Physician & Other Practitioners extract: nearest national service volume and nearest average Medicare payment. Not clinical substitutes: claim-mass and payment neighborhoods only.

Data sourced from the CMS Medicare Physician and Other Practitioners dataset. See our methodology for details. Retrieved and formatted by PlainProcedure

Every figure on PlainProcedure is rendered directly from CMS Medicare Physician & Other Practitioners data, no number is typed in by an editor. This page draws directly on CMS Medicare Physician & Other Practitioners data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, the data changelog, or report a data error.