Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus in New Jersey
Estimated using RAND 2024 commercial-to-Medicare ratios. Actual prices vary by insurer, plan, and facility.
New Jersey Pricing in Context
In New Jersey, CPT code 62223 (Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus) carries an average Medicare payment of $583.37 — 6% above the national benchmark of $550.93. 100 providers across the state submitted claims for this procedure in 2023, performing 202 total services. Individual payments in NJ ranged from N/A at the low end to N/A at the high end, reflecting differences in provider setting (office vs. facility), modifiers, and the specific geographic locality code applied within the state.
The average billed charge in New Jersey is $16,591.71, which is the figure uninsured patients would most likely encounter before any negotiation or charity discount. Medicare, by statute, only reimburses the allowed amount — the balance between billed and paid is written off under provider participation agreements. Insured patients generally pay a negotiated rate that falls between these two figures; the exact amount depends on plan design, deductible status, and in-network participation. Because New Jersey sits above the national Medicare average, commercial rates in the state may also run higher than the US median.
Using RAND 2024 commercial-to-Medicare ratios for Nervous System Surgery procedures, the estimated commercial insurance price in New Jersey lands near $1,865.07, with self-pay cash prices typically around $5,111.27. Before scheduling, patients can request a Good Faith Estimate under the No Surprises Act, compare cash rates from hospital Machine-Readable Files, and confirm whether the provider is in-network with their specific plan. This page presents CMS reference data for informational use; it does not constitute medical or financial advice.
Frequently Asked Questions
How much does Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus cost in New Jersey?
The average Medicare payment for Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus in New Jersey is $583.37, which is 6% above the national average of $550.93. Providers in NJ typically bill $16,591.71 for this procedure.
What does Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus cost with insurance in New Jersey?
With commercial insurance in New Jersey, Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus costs an estimated $1,865.07. Without insurance, the estimated cash price is $5,111.27. These estimates are based on RAND 2024 commercial-to-Medicare ratios and vary by insurer, plan, and facility.
How many providers perform Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus in New Jersey?
100 providers in New Jersey billed Medicare for Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus in 2023, performing 202 total services. Medicare payments ranged from N/A to N/A depending on the provider.
Is Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus cheaper in New Jersey than the national average?
No — Creation Of Brain Fluid Drainage Shunt, Ventriculo-Peritoneal, -pleural, Other Terminus costs 6% above the national average in New Jersey. The state average Medicare payment is $583.37 compared to $550.93 nationally. Factors like local cost of living, provider competition, and regional Medicare fee schedules all influence state-level pricing.
Related Guides
Related Data Sources
Data from CMS Medicare Physician & Other Practitioners (2023).
Read our methodology — how this data is sourced, computed, and verified.