National reference · CMS 2023

U.S. Medical Procedure Cost Statistics

According to the Centers for Medicare & Medicaid Services (CMS), in 2023 providers billed Medicare for 9,297 distinct procedure codes across 56 jurisdictions and 5,426 hospitals. Volume-weighted submitted charges run about 4.1x Medicare payment. This page distils those headline figures from the CMS Medicare Physician & Other Practitioners dataset (2023) only; commercial/cash RAND estimates are a separate population (see /methodology); portal compile stamp May 15, 2026.

Updated December 31, 2023 · Source: CMS, 2023

9,297
procedure codes priced from CMS data
4.1x
volume-weighted submitted vs. Medicare
3.4B
annual Medicare Part B services

The national picture

Across 9,297 procedure codes billed to Medicare in 2023, volume-weighted submitted charges are about 4.1x Medicare payment. That ratio includes per-milligram drug codes; it is not a typical office-visit bill.

4.1x
volume-weighted submitted / Medicare
9,297
procedure codes priced
56
states and territories
5,426
hospitals in the dataset

Source: CMS Medicare Physician & Other Practitioners, 2023. Headline markup is volume-weighted across all 9,297 codes with a Medicare payment above $0. Category bars below drop codes with Medicare payment under $5.

Key findings

Short, attributable one-liners from the same live queries as the charts. Quote with the Cite this page block. CMS claims year 2023; rebuild extract May 15, 2026.

  1. CMS 2023 in this rebuild: 9,297 procedure codes, 3.4B Part B services, 56 jurisdictions (50 states plus DC and AS, GU, MP, PR, VI), and 5,426 hospitals.
  2. Volume-weighted submitted charge is 4.1x the Medicare payment across all 9,297 codes (submitted times services, divided by Medicare times services). That ratio includes per-milligram drug codes; it is not a typical office-visit bill.
  3. K1034 (Provision Of Covid-19 Test, Nonprescription Self-Administered And Self-C) is the single highest-volume code at 153.5 million services [DME (Temporary)]. That is not an office visit.
  4. Drugs (Administered) is the largest category by service units (1319.1 million of 3411.0 million). Many of those codes bill per milligram, so unit count is not patient-visit count.
  5. Among categories in this rebuild, Anesthesia has the highest mean markup at 12.7x (Medicare payment at least $5 per code).
  6. Among codes with more than 1,000 services and Medicare payment above $10, 95938 (Placement Of Skin Electrodes And Measurement Of Stimulated Sites) leads markup at 76.4x.
  7. Hospital Compare overall_rating is present for 2,866 of 5,426 hospitals. The rest are unrated, not zero-star.
  8. California leads jurisdiction volume at 364.0 million services. Among jurisdictions with at least 1 million services, Wisconsin has the highest submitted-over-Medicare ratio at 12.46x. American Samoa's 86 services are not that comparison.

Key figures

Procedures priced

9,297

HCPCS / CPT codes

Volume-weighted markup

4.1x

submitted vs. Medicare, all codes

States & territories

56

Hospitals in dataset

5,426

Annual Part B services

3.4B

3,410,971,712 services

Avg Medicare payment

$384.96

per service, all codes

Markup by procedure category

Average markup ratio for the highest-volume procedure categories. Even routine categories are billed several times the Medicare rate; blood test runs the highest at about 6.4x.

Average markup by procedure category

Drugs (Administered)4.2 xMedicine5.6 xOffice Visit4 xTemporary Codes3.4 xMedical Supplies3.3 xDME (Temporary)3.3 xBlood Test6.4 xHospital Visit4.1 x
Average markup by procedure category-Submitted charge ÷ Medicare payment, averaged within each category (codes with Medicare payment under $5 dropped)

Highest-markup common procedures

High-volume procedures (over 1,000 annual services) where the billed charge runs furthest above the Medicare rate.

Procedure Medicare Billed Markup
Placement Of Skin Electrodes And Measurement Of Stim CPT 95938 $44.15 $3,375.08 76.4x
Measurement Of Brain Wave Activity (eeg) Outside The CPT 95955 $43.54 $3,186.41 73.2x
Cell-Based Immunofluorescence (cba) Detection Of Aqu CPT 86052 $11.80 $684.11 58.0x
Needle Measurement Of Electrical Activity In Arm, Le CPT 95870 $16.05 $876.87 54.6x
Cell-Based Immunofluorescence (cba) Detection Of Mye CPT 86362 $11.80 $582.53 49.4x
Exam Of Lung Airways Using An Endoscope CPT 31623 $13.64 $663.76 48.6x
Elisa Detection Of Aquaporin-4 (neuromyelitis Optica CPT 86051 $11.30 $517.12 45.8x
Placement Of Skin Electrodes And Measurement Of Cent CPT 95939 $98.40 $4,356.26 44.3x

Using these statistics

National averages set the baseline; your specific procedure and state are what you actually pay.

  • Look up any of the 9,297 procedures for its Medicare rate, billed charge, and markup percentile. Browse procedures
  • See which states bill the most above Medicare in the rankings. Rankings
  • Estimate your own out-of-pocket cost by procedure and state. Cost estimator

Figures are CMS 2023 averages. Headline markup is volume-weighted across all codes with a Medicare payment above $0. Category bars drop codes under $5. Benchmarks, not quotes.

Download the data (CSV) (56 jurisdictions, CMS 2023 Part B averages). Extract 2026-05-15. Licensed CC BY 4.0.

Source: CMS Medicare Physician & Other Practitioners dataset, 2023 National averages, volume-weighted

See our methodology for how these national averages and markup percentiles are computed.

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.