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#1261 of 11K

87640

HCPCS Procedure Code

HCPCS code 87640 is the #1,261 most-billed Medicaid procedure code, with $30.5M in payments across 2.2M claims from 2018–2024. The national median cost per claim is $8.39. Costs vary widely — the 90th percentile is $26.01 per claim, 3.1× the median.

Total Paid

$30.5M

0.00% of all spending

Total Claims

2.2M

Providers

831

Avg Cost/Claim

$14

National Cost Distribution

How much do providers bill per claim for 87640? Based on 764 providers billing this code nationally.

Median

$8.39

Average

$11.73

Std Dev

$11.41

Max

$72.21

Percentile Distribution (Cost per Claim)

p10
$0.67
p25
$2.66
Median
$8.39
p75
$18.05
p90
$26.01
p95
$31.94
p99
$57.55

50% of providers bill between $2.66 and $18.05 per claim for this code.

90% bill between $0.67 and $26.01.

Top 1% bill above $57.55.

About This Procedure

HCPCS code 87640 was billed by 831 providers across 2.2M claims, totaling $30.5M in Medicaid payments from 2018–2024. This code was used for 1.9M unique beneficiaries.

Risk Assessment

Billing Statistics

Median Cost/Claim

$8.39

Providers Billing

764

National Spending

$30.5M

Avg/Median Ratio

1.40×

Normal distribution

Top Providers Billing This Code

Ranked by total Medicaid payments for 87640

#ProviderTotal Paid
1Physicians Group Laboratories, Llc

Houma, LA · Clinical Medical Laboratory

$7.9M
2Healthtrackrx Indiana, Inc

Denton, TX · Clinical Medical Laboratory

$5.0M
31649829987$1.4M
41750373908$1.1M
51053721373$804K
61598266421$707K
7Accu Reference Medical Lab, Llc

Linden, NJ · Clinical Medical Laboratory

$587K
81033239413$536K
91861900698$520K
101174009245$398K
111467066860$383K
121225316482$365K
131396794574$296K
141326484569$212K
151528817459$204K
161164857512$201K
17Medarbor Llc

Bristol, PA · Clinical Medical Laboratory

$191K
18Bioreference Health Llc

Elmwood Park, NJ · Clinical Medical Laboratory

$185K
191720409154$183K
20Acutis Diagnostics Inc

Hicksville, NY · Clinical Medical Laboratory

$180K

Showing top 20 of 831 providers billing this code