Cost analysis for CPT 84481 — Thyroid hormone, t3 measurement, free
Average Medicare Payment
$16.51
2023 data
Total Payments (2023)
$24.3M
Services (2023)
1.5M
Price Change (2014–2023)
-22.3%
| Year | Avg Payment | Total Payments | Services | YoY Change |
|---|---|---|---|---|
| 2014 | $21.26 | $23.7M | 1.1M | — |
| 2015 | $21.14 | $25.4M | 1.2M | -0.6% |
| 2016 | $21.18 | $27.3M | 1.3M | +0.2% |
| 2017 | $21.31 | $29.2M | 1.3M | +0.6% |
| 2018 | $20.32 | $28.8M | 1.4M | -4.6% |
| 2019 | $18.27 | $26.6M | 1.4M | -10.1% |
| 2020 | $16.72 | $22.0M | 1.3M | -8.5% |
| 2021 | $16.84 | $23.9M | 1.4M | +0.7% |
| 2022 | $16.62 | $23.7M | 1.4M | -1.3% |
| 2023 | $16.51 | $24.3M | 1.5M | -0.7% |
The most expensive state pays 1.0x more than the cheapest for this procedure. ME averages $16.60 vs MS at $16.45.
| State | Avg Payment | Total Payments | Services | Providers |
|---|---|---|---|---|
| ME | $16.60 | $3.7K | 223 | 2 |
| MT | $16.60 | $3.9K | 232 | 3 |
| KS | $16.60 | $485.8K | 29.3K | 24 |
| ND | $16.59 | $144.7K | 8.7K | 15 |
| NV | $16.59 | $303.4K | 18.3K | 25 |
| CA | $16.59 | $3.3M | 199.5K | 203 |
| VI | $16.59 | $12.7K | 764 | 3 |
| NY | $16.59 | $1.5M | 93.3K | 145 |
| PR | $16.58 | $18.5K | 1.1K | 18 |
| MA | $16.58 | $382.4K | 23.1K | 24 |
| IL | $16.58 | $479.7K | 28.9K | 50 |
| FL | $16.58 | $3.2M | 192.3K | 318 |
| MD | $16.58 | $298.0K | 18.0K | 32 |
| AK | $16.58 | $5.1K | 306 | 7 |
| NM | $16.58 | $99.9K | 6.0K | 14 |
| CO | $16.57 | $192.1K | 11.6K | 19 |
| OH | $16.57 | $700.4K | 42.3K | 54 |
| MI | $16.57 | $182.0K | 11.0K | 34 |
| RI | $16.57 | $56.9K | 3.4K | 6 |
| PA | $16.57 | $219.8K | 13.3K | 24 |
| AZ | $16.57 | $1.5M | 92.3K | 117 |
| IN | $16.56 | $94.8K | 5.7K | 35 |
| WA | $16.56 | $282.1K | 17.0K | 36 |
| GA | $16.56 | $554.8K | 33.5K | 86 |
| TX | $16.56 | $3.2M | 194.4K | 332 |
| SD | $16.56 | $17.6K | 1.1K | 6 |
| NC | $16.56 | $1.9M | 115.9K | 136 |
| VT | $16.55 | $3.8K | 232 | 7 |
| SC | $16.54 | $299.4K | 18.1K | 64 |
| HI | $16.54 | $56.5K | 3.4K | 2 |
| NE | $16.54 | $61.2K | 3.7K | 33 |
| KY | $16.54 | $132.2K | 8.0K | 37 |
| WY | $16.54 | $9.7K | 587 | 3 |
| OK | $16.53 | $311.2K | 18.8K | 58 |
| AL | $16.52 | $584.5K | 35.4K | 79 |
| VA | $16.52 | $240.4K | 14.6K | 64 |
| UT | $16.51 | $77.5K | 4.7K | 62 |
| AR | $16.51 | $98.3K | 6.0K | 51 |
| DE | $16.51 | $2.5K | 152 | 2 |
| MO | $16.51 | $105.9K | 6.4K | 61 |
| NJ | $16.50 | $2.1M | 126.7K | 55 |
| ID | $16.49 | $43.2K | 2.6K | 13 |
| OR | $16.49 | $145.3K | 8.8K | 64 |
| IA | $16.48 | $16.6K | 1.0K | 8 |
| LA | $16.48 | $152.7K | 9.3K | 72 |
| TN | $16.47 | $371.7K | 22.6K | 190 |
| MN | $16.46 | $32.8K | 2.0K | 21 |
| WI | $16.45 | $118.7K | 7.2K | 22 |
| MS | $16.45 | $68.8K | 4.2K | 22 |
| Provider | Specialty | State | Payments | Services | Avg/Service |
|---|---|---|---|---|---|
| Laboratory Corporation Of America Holdings | Clinical Laboratory | NC | $1.1M | 69.3K | $16.57 |
| Quest Diagnostics Clinical Laboratories Inc | Clinical Laboratory | FL | $1.1M | 65.4K | $16.59 |
| Unilab Corporation | Clinical Laboratory | CA | $787.1K | 47.4K | $16.59 |
| Clinical Pathology Laboratories, Inc. | Clinical Laboratory | TX | $724.9K | 43.7K | $16.60 |
| Sonora Quest Laboratories Llc | Clinical Laboratory | AZ | $715.4K | 43.2K | $16.57 |
| Laboratory Corporation Of America Holdings | Clinical Laboratory | NJ | $690.4K | 41.7K | $16.57 |
| Quest Diagnostics Incorporated | Clinical Laboratory | NJ | $634.3K | 38.3K | $16.58 |
| Laboratory Corporation Of America | Clinical Laboratory | AZ | $463.2K | 27.9K | $16.60 |
| Quest Diagnostics Clinical Laboratories Inc | Clinical Laboratory | TX | $456.5K | 27.5K | $16.60 |
| Laboratory Corporation Of America | Clinical Laboratory | CA | $435.2K | 26.2K | $16.59 |
| Quest Diagnostics Clinical Laboratories Inc | Clinical Laboratory | FL | $423.8K | 25.6K | $16.59 |
| Laboratory Corporation Of America | Clinical Laboratory | TX | $420.8K | 25.4K | $16.54 |
| Laboratory Corporation Of America Holdings | Clinical Laboratory | AL | $420.6K | 25.4K | $16.55 |
| Laboratory Corporation Of America | Clinical Laboratory | FL | $413.1K | 24.9K | $16.59 |
| Quest Diagnostics Clinical Laboratories Inc | Clinical Laboratory | GA | $388.3K | 23.4K | $16.60 |
| Labone Llc | Clinical Laboratory | KS | $385.1K | 23.2K | $16.60 |
| Laboratory Corporation Of America Holdings | Clinical Laboratory | OH | $377.0K | 22.7K | $16.58 |
| Quest Diagnostics Clinical Laboratories Inc | Clinical Laboratory | TX | $350.2K | 21.1K | $16.60 |
| Pathgroup Labs, Llc | Clinical Laboratory | NC | $315.1K | 19.1K | $16.53 |
| Northwell Health Laboratories | Clinical Laboratory | NY | $312.2K | 18.8K | $16.59 |
Based on the data, CPT 84481 shows a 1.0x variation in pricing across states — relatively consistent by Medicare standards.
Costs have decreased 22.3% since 2014. Medicare's fee schedule attempts to standardize pricing, though some variation is expected due to geographic cost-of-living adjustments and practice expense differences.
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.
Note: All data is from publicly available Medicare records. OpenMedicare is an independent journalism project not affiliated with CMS.