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#1272 of 11K

72040

HCPCS Procedure Code

HCPCS code 72040 is the #1,272 most-billed Medicaid procedure code, with $29.7M in payments across 1.4M claims from 2018–2024. The national median cost per claim is $16.49. Costs vary widely — the 90th percentile is $40.45 per claim, 2.5× the median.

Total Paid

$29.7M

0.00% of all spending

Total Claims

1.4M

Providers

3K

Avg Cost/Claim

$21

National Cost Distribution

How much do providers bill per claim for 72040? Based on 3K providers billing this code nationally.

Median

$16.49

Average

$21.30

Std Dev

$22.42

Max

$458.59

Percentile Distribution (Cost per Claim)

p10
$5.68
p25
$8.48
Median
$16.49
p75
$25.77
p90
$40.45
p95
$58.82
p99
$100.90

50% of providers bill between $8.48 and $25.77 per claim for this code.

90% bill between $5.68 and $40.45.

Top 1% bill above $100.90.

About This Procedure

HCPCS code 72040 was billed by 3K providers across 1.4M claims, totaling $29.7M in Medicaid payments from 2018–2024. This code was used for 1.3M unique beneficiaries.

Risk Assessment

Billing Statistics

Median Cost/Claim

$16.49

Providers Billing

3K

National Spending

$29.7M

Avg/Median Ratio

1.29×

Normal distribution

Top Providers Billing This Code

Ranked by total Medicaid payments for 72040

#ProviderTotal Paid
1Uofl Health-louisville Inc

Louisville, KY · Psychiatric Hospital

$661K
2University Of Kentucky

Lexington, KY · General Acute Care Hospital

$609K
3United Medical Imaging Healthcare, Inc.

Los Angeles, CA · Clinic/Center, Radiology

$486K
4Beverly Radiology Medical Group Iii

Los Angeles, CA · Radiology, Diagnostic Radiology

$391K
5Antelope Valley Health Care District

Lancaster, CA · General Acute Care Hospital

$360K
6Scottish Rite Children's Medical Center

Atlanta, GA · Pediatrics Pediatric Hematology-Oncology

$360K
71508856535$327K
8Grossmont Hospital Corporation

La Mesa, CA · General Acute Care Hospital

$275K
9Ashland Hospital Corporation

Ashland, KY · Clinic/Center, Rural Health

$252K
10Lenox Hill Radiology & Medical Imaging Associates, Pc

New York, NY · Radiology, Body Imaging

$229K
111972004489$227K
12State Of Connecticut

Farmington, CT · Counselor, Professional

$209K
13State Of Mississippi - University Of Mississippi Medical Center

Jackson, MS · General Acute Care Hospital

$203K
141538244918$202K
15Presbyterian Healthcare Services

Albuquerque, NM · Emergency Medicine

$198K
16Yale New Haven Hospital

New Haven, CT · General Acute Care Hospital

$187K
17Norton Hospitals Inc

Louisville, KY · General Acute Care Hospital

$183K
18Norton Hospitals, Inc

Louisville, KY · General Acute Care Hospital

$177K
191497148456$159K
20Egleston Children's Hospital At Emory University Inc.

Atlanta, GA · Pediatrics Pediatric Emergency Medicine

$159K

Showing top 20 of 3K providers billing this code

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