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Data Sources: Centers for Medicare & Medicaid Services (CMS), Medicare Provider Utilization and Payment Data
Disclaimer: This site is an independent journalism project. Data analysis and editorial content are not affiliated with or endorsed by CMS or any government agency. All spending figures are based on publicly available Medicare payment records.
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Methodology•Download Data
  1. Home
  2. Procedures
  3. 55700
  4. Cost Analysis

How Much Does Biopsy of prostate gland Cost on Medicare?

Cost analysis for CPT 55700 — Biopsy of prostate gland

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Average Medicare Payment

$164.62

2023 data

Total Payments (2023)

$31.8M

Services (2023)

139.2K

Price Change (2014–2023)

+2.4%

📈 Year-over-Year Cost Trend

YearAvg PaymentTotal PaymentsServicesYoY Change
2014$160.80$22.3M120.3K—
2015$167.53$26.8M128.3K+4.2%
2016$167.75$28.4M132.6K+0.1%
2017$178.35$30.6M139.3K+6.3%
2018$178.07$32.5M146.5K-0.2%
2019$178.02$34.8M154.4K-0.0%
2020$178.15$28.6M126.1K+0.1%
2021$176.19$31.2M137.4K-1.1%
2022$167.94$30.7M137.7K-4.7%
2023$164.62$31.8M139.2K-2.0%

🗺️ State-by-State Cost Variation

The most expensive state pays 4.0x more than the cheapest for this procedure. MD averages $369.16 vs VT at $91.83.

StateAvg PaymentTotal PaymentsServicesProviders
MD$369.16$2.7M7.2K141
KY$313.96$569.8K1.8K51
NE$313.14$614.4K2.0K46
MS$290.84$672.4K2.3K51
GA$288.86$1.5M5.2K166
NJ$285.49$1.3M4.6K163
RI$273.37$106.1K38811
CO$269.51$775.4K2.9K84
VA$261.46$1.2M4.7K120
OR$259.76$392.2K1.5K53
SD$258.79$258.8K1.0K18
HI$254.35$52.9K2088
PA$251.94$1.7M6.9K206
FL$251.75$2.5M10.0K324
TN$249.28$1.2M4.6K114
NV$244.16$198.0K81128
KS$240.07$561.8K2.3K50
AR$229.76$385.1K1.7K40
CA$220.85$2.4M10.8K345
TX$217.66$1.8M8.2K295
AZ$217.54$811.9K3.7K111
AK$215.64$71.4K33112
OH$213.25$1.2M5.4K173
MO$204.83$436.5K2.1K82
SC$203.17$726.5K3.6K98
IL$202.66$1.2M5.7K178
NY$192.92$1.5M7.6K233
WA$178.04$480.9K2.7K100
AL$176.74$254.5K1.4K64
IA$176.64$252.6K1.4K53
IN$175.79$552.2K3.1K115
WI$175.79$281.8K1.6K71
MA$175.68$560.2K3.2K108
MN$164.36$280.1K1.7K63
MI$164.09$436.5K2.7K113
UT$162.71$142.2K87438
WY$160.93$52.1K32412
CT$159.20$134.8K84736
NM$158.22$59.6K37717
DE$153.63$132.9K86521
DC$152.28$58.5K38413
NC$150.94$483.2K3.2K131
OK$146.67$185.2K1.3K57
ID$146.30$77.7K53123
LA$137.08$214.1K1.6K67
NH$132.26$85.7K64821
MT$126.29$119.7K94827
ME$109.99$33.3K30319
ND$93.09$42.4K45612
WV$91.88$43.7K47623
VT$91.83$25.1K27312

💰 Who Bills the Most for This Procedure?

ProviderSpecialtyStatePaymentsServicesAvg/Service
Med Atlantic IncAmbulatory Surgical CenterVA$485.2K767$632.66
Midlantic Urology Surgery Center, LlcAmbulatory Surgical CenterPA$380.2K579$656.69
Aesthetic Plastic Surgery Institute Of Louisville, LlcAmbulatory Surgical CenterKY$345.5K566$610.41
The Urology Center LlcAmbulatory Surgical CenterOH$344.2K550$625.86
Uropartners Surgery Center, LlcAmbulatory Surgical CenterIL$341.8K512$667.51
Summit Ambulatory Surgical Center, LlcAmbulatory Surgical CenterMD$316.2K500$632.38
Urology Surgery Center LpAmbulatory Surgical CenterTN$307.3K514$597.89
Chesapeake Regional Surgery Center At Virginia Beach, LlcAmbulatory Surgical CenterVA$279.0K452$617.26
Johns Hopkins Surgery Centers SeriesAmbulatory Surgical CenterMD$277.1K435$636.97
Pasteur Plaza Surgery Center LpAmbulatory Surgical CenterTX$263.4K437$602.64
Centerview Surgery Center, LlcAmbulatory Surgical CenterAR$245.1K404$606.62
Anne Arundel Urological Surgery Center LlcAmbulatory Surgical CenterMD$224.7K351$640.28
Houston Urologic Surgicenter, LlcAmbulatory Surgical CenterTX$224.4K343$654.15
Shore Outpatient Surgicenter LlcAmbulatory Surgical CenterNJ$224.0K329$681.00
Summit Ambulatory Surgical Center, LlcAmbulatory Surgical CenterMD$218.4K328$665.83
Wichita Urology Surgery Center LlcAmbulatory Surgical CenterKS$211.5K351$602.56
Urology Surgical Center LlcAmbulatory Surgical CenterNE$197.8K314$629.97
Usc Ambulatory Surgical Center Prof LlcAmbulatory Surgical CenterSD$194.2K323$601.35
Urlogy Ambulatory Surgery Center LlcAmbulatory Surgical CenterTN$180.1K305$590.48
Fort Sanders West Op Surgery CenterAmbulatory Surgical CenterTN$166.2K297$559.62

🤔 Is Biopsy of prostate gland Overpriced?

The data suggests significant pricing inconsistencies for CPT 55700. With a 4.0x price gap between the most and least expensive states, geography plays an outsized role in what Medicare pays for this procedure.

Costs have remained relatively stable over time, but the geographic variation suggests Medicare's geographic adjustment factors may not fully capture the true cost differences across states.

This analysis is based on publicly available CMS data and does not account for patient complexity, comorbidities, or facility-specific factors that may justify pricing differences.

Data Sources

  • • Centers for Medicare & Medicaid Services (CMS)
  • • Medicare Provider Utilization and Payment Data (2014-2023)
  • • Medicare Physician Fee Schedule

Note: All data is from publicly available Medicare records. OpenMedicare is an independent journalism project not affiliated with CMS.