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#1380 of 11K

P9040

HCPCS Procedure Code

HCPCS code P9040 is the #1,380 most-billed Medicaid procedure code, with $25.1M in payments across 105K claims from 2018–2024. The national median cost per claim is $210.57. Costs vary widely — the 90th percentile is $491.29 per claim, 2.3× the median.

Total Paid

$25.1M

0.00% of all spending

Total Claims

105K

Providers

113

Avg Cost/Claim

$240

National Cost Distribution

How much do providers bill per claim for P9040? Based on 110 providers billing this code nationally.

Median

$210.57

Average

$239.27

Std Dev

$192.25

Max

$1,066.60

Percentile Distribution (Cost per Claim)

p10
$21.64
p25
$75.35
Median
$210.57
p75
$362.98
p90
$491.29
p95
$554.83
p99
$702.37

50% of providers bill between $75.35 and $362.98 per claim for this code.

90% bill between $21.64 and $491.29.

Top 1% bill above $702.37.

About This Procedure

HCPCS code P9040 was billed by 113 providers across 105K claims, totaling $25.1M in Medicaid payments from 2018–2024. This code was used for 67K unique beneficiaries.

Risk Assessment

Billing Statistics

Median Cost/Claim

$210.57

Providers Billing

110

National Spending

$25.1M

Avg/Median Ratio

1.14×

Normal distribution

Top Providers Billing This Code

Ranked by total Medicaid payments for P9040

#ProviderTotal Paid
1Long Island Jewish Medical Center

New Hyde Park, NY · General Acute Care Hospital

$3.0M
2Trustees Of The University Of Pennsylvania

Philadelphia, PA · Community/Behavioral Health

$1.8M
3State Of Connecticut

Farmington, CT · Counselor, Professional

$1.6M
41164493847$1.3M
5Hmh Hospitals Corporation

Hackensack, NJ · Ambulance

$1.1M
6Childrens Hospital Of Philadelphia

Philadelphia, PA · General Acute Care Hospital Children

$1.0M
7Memorial Hospital For Cancer And Allied Diseases

New York, NY · Pharmacy

$1.0M
8City Of Hope National Medical Center

Duarte, CA · General Acute Care Hospital

$1.0M
9Virginia Commonwealth University Health System Authority

Richmond, VA · General Acute Care Hospital

$963K
10Yale New Haven Hospital

New Haven, CT · General Acute Care Hospital

$866K
11Seattle Children's Hospital

Seattle, WA · Prosthetic/Orthotic Supplier

$803K
12The New York And Presbyterian Hospital

New York, NY · General Acute Care Hospital

$782K
13Mount Sinai Hospital

New York, NY · Ambulance

$686K
14Stanford Health Care

Stanford, CA · General Acute Care Hospital

$683K
15State Of Mississippi - University Of Mississippi Medical Center

Jackson, MS · General Acute Care Hospital

$523K
16Dana-farber Cancer Institute, Inc.

Boston, MA · General Acute Care Hospital

$443K
171033112230$428K
181548315401$404K
19Robert Wood Johnson University Hospital, Inc

New Brunswick, NJ · General Acute Care Hospital

$380K
20The New York And Presbyterian Hospital

New York, NY · General Acute Care Hospital

$344K

Showing top 20 of 113 providers billing this code