Drugs (Administered) · J1756 · Drug
Injection, Iron Sucrose, 1 Mg
What Medicare pays for J1756, what providers bill, and how the price varies across 44 states, drawn from CMS 2023 claims data.
- $0.16
- Medicare pays
- $2.26
- Providers bill
- 14.3×
- Markup
- #39 of 9,297
- Volume rank
The verdict
Injection, Iron Sucrose, 1 Mg posts top-1% national service volume.
- Top 1%
- national service volume
- $0.16
- 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.
Jurisdiction coverage for this code
56states and territories in the CMS extract
Price Range Across States
What You Might Pay
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 Drugs (Administered), the applied ratio is 2.24x Medicare (RAND 2024 national average (2.24x); no matching CPT-section bucket for this category + 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.
What the billed charge breaks down into
$2.26
Prices by State
| State | Medicare Payment | Billed Charge |
|---|---|---|
| Vermont | $0.17 | $0.95 |
| South Dakota | $0.16 | $2.22 |
| Oregon | $0.16 | $1.42 |
| South Carolina | $0.16 | $1.91 |
| Kentucky | $0.16 | $1.07 |
| California | $0.16 | $1.75 |
| Alabama | $0.16 | $1.40 |
| Arizona | $0.16 | $1.67 |
| Maine | $0.16 | $1.06 |
| North Carolina | $0.16 | $1.14 |
| West Virginia | $0.16 | $1.00 |
| Massachusetts | $0.16 | $1.85 |
| Florida | $0.16 | $3.97 |
| Illinois | $0.16 | $1.76 |
| Virginia | $0.16 | $1.34 |
| New Jersey | $0.16 | $1.52 |
| Indiana | $0.16 | $2.31 |
| Nevada | $0.16 | $2.84 |
| Texas | $0.16 | $1.95 |
| New Hampshire | $0.16 | $1.38 |
| Wisconsin | $0.16 | $1.45 |
| Alaska | $0.16 | $2.91 |
| Colorado | $0.16 | $3.73 |
| New York | $0.16 | $1.58 |
| Tennessee | $0.16 | $1.32 |
| Maryland | $0.16 | $1.89 |
| New Mexico | $0.16 | $1.53 |
| Ohio | $0.16 | $1.23 |
| Georgia | $0.16 | $1.48 |
| Iowa | $0.16 | $1.56 |
| District of Columbia | $0.16 | $1.05 |
| Washington | $0.16 | $1.68 |
| Mississippi | $0.16 | $1.36 |
| Michigan | $0.16 | $1.03 |
| Delaware | $0.15 | $2.00 |
| Minnesota | $0.15 | $1.14 |
| Missouri | $0.15 | $1.37 |
| Connecticut | $0.15 | $1.17 |
| Pennsylvania | $0.15 | $1.84 |
| Kansas | $0.15 | $3.11 |
| Arkansas | $0.15 | $1.33 |
| Oklahoma | $0.15 | $1.39 |
| Nebraska | $0.15 | $0.70 |
| Louisiana | $0.15 | $1.61 |
What the Data Says About Injection, Iron Sucrose, 1 Mg
Across 44 states with reporting providers, CPT code J1756 (Injection, Iron Sucrose, 1 Mg) shows a national average Medicare payment of $0.16 against an average billed charge of $2.26. That gap, a 14.3x markup, or 1330% above the Medicare allowed amount, is not a meaningful ratio for this low-payment code, so treat the billed figure as a chargemaster reference point rather than a real-world price.
Drugs (Administered) procedures like this one saw 17.9M services billed to Medicare in 2023 by 4.2K distinct providers, serving 19.4K unique beneficiaries. State-level variation is significant: Louisiana reports the lowest average payment at $0.15, while Vermont reports the highest at $0.17. At just 14%, this procedure prices remarkably consistently nationwide, GPCI adjustments barely move the needle for this particular code. Applying the RAND 2024 commercial-to-Medicare ratio for this category (2.24x Medicare; RAND 2024 national average (2.24x); no matching CPT-section bucket for this category + CMS Medicare baseline), the estimated commercial insurance price lands near $0.46, with self-pay cash discounts commonly bringing the figure closer to $0.77. Within Drugs (Administered), Injection, Iron Sucrose, 1 Mg ranks #501 of 530 tracked procedures by national average Medicare payment.
Where this sits in the registry
Injection, Iron Sucrose, 1 Mg (J1756) 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 Drugs (Administered) 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 Injection, Iron Sucrose, 1 Mg rank among Medicare procedures?
According to CMS Medicare Part B claims, Injection, Iron Sucrose, 1 Mg (CPT J1756) ranks #39 of 9,297 procedures by national service volume, the same sort as the procedures listing, and #501 of 530 within Drugs (Administered) by national average Medicare payment. See /methodology#corpus-placement.
How much does Injection, Iron Sucrose, 1 Mg cost?
Injection, Iron Sucrose, 1 Mg (CPT J1756) is priced fairly consistently nationwide: Medicare pays $0.16 on average, and the $0.15-$0.17 state range stays relatively tight. Providers typically bill $2.26.
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 Injection, Iron Sucrose, 1 Mg cost with insurance?
With commercial insurance, injection, iron sucrose, 1 mg costs an estimated $0.46 on average (range: $0.32-$0.64), a moderate premium over Medicare's $0.16. Without insurance, the estimated cash price is $0.77.
Which state has the lowest cost for Injection, Iron Sucrose, 1 Mg?
Louisiana and Vermont bookend the range for Injection, Iron Sucrose, 1 Mg, at $0.15 and $0.17 respectively - a relatively tight $0.02 spread nationwide.
How many providers perform Injection, Iron Sucrose, 1 Mg?
A moderate provider base performs Injection, Iron Sucrose, 1 Mg: 4.2K providers nationally, totaling 17.9M Medicare-billed services (19.4K beneficiaries) across 44 states in 2023.
What is the billed-to-Medicare markup for Injection, Iron Sucrose, 1 Mg?
Providers bill 14.3x what Medicare pays for Injection, Iron Sucrose, 1 Mg - a markup within the typical range at 1330% 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.
Closest national service volume
Nearest codes with ≥100 services (17.9M here).
Related Guides
Tips to reduce out-of-pocket costs
Your right to upfront pricing
How Medicare payments work
Decode charges and codes
Why bills exceed actual costs
Geographic pricing factors
Data from CMS Medicare Physician & Other Practitioners (2023).
Read our methodology - how this data is sourced, computed, and verified.
Related
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.