How much does Medicare pay for CPT 29530?

Medicare allowed an average of $29.09 per service and paid $22.83 of that, the balance being the patient's coinsurance and deductible (2024 data). Providers submitted an average of $76.75, which is what they billed rather than what they received — Medicare pays its fee schedule regardless of the charge.

What is CPT code 29530?

Placement of strapping to knee. It was billed 13,889 times to 2,743 Medicare beneficiaries by 111 providers in 2024.

Does 29530 pay differently in an office than a hospital?

Yes. The allowed amount averaged $29.10 in an office setting and $16.22 in a facility. The office rate is generally higher because the practice supplies the room, staff and equipment out of that single payment; in a hospital those are billed separately by the facility.

Which specialty bills 29530 most?

Physical Therapist in Private Practice, with 10,416 services from 78 clinicians. Next are Physical Medicine and Rehabilitation, Internal Medicine, Orthopedic Surgery.

CPT 29530

Placement of strapping to knee

$29.09Medicare-allowed amount per service, averaged across 13,889 services

Providers submitted

$76.75

Asking price, not received

Medicare allowed

$29.09

The fee schedule figure

Medicare paid

$22.83

Balance is patient coinsurance

Providers submitted an average of $76.75 for this code and Medicare allowed $29.09 — 2.6× less. That gap is normal and means nothing on its own: Medicare pays its fee schedule regardless of what is billed, so the submitted figure describes a hospital chargemaster, not a price anyone paid. Of the allowed amount Medicare paid $22.83 (78%); the rest is the patient’s coinsurance and deductible.

Office pays differently to hospital

Office / non-facility: $29.10
Hospital / facility: $16.22

The office rate is higher because the practice supplies the room, staff and equipment out of that payment. In a hospital the facility bills those separately, so the clinician's share is smaller — the total cost to Medicare is usually higher, not lower. 13,873 services were billed in an office setting and 16 in a facility.

Services: 13,889
Beneficiaries: 2,743
Providers billing it: 111
Total allowed: $404,031

What Medicare pays for CPT 29530

Across 13,889 services billed by 111 providers to 2,743 beneficiaries, Medicare allowed an average of $29.09 per service. That is 5.1 services per beneficiary, so this is a code patients typically receive more than once. The allowed amount is the figure that matters: it is what Medicare and the patient together owe, set by the fee schedule and adjusted for local practice costs. What a provider chose to submit has no bearing on it.

Who bills 29530

Specialty	Services	Beneficiaries	Avg allowed	Providers
Physical Therapist in Private Practice	10,416	1,790	$30.33	78
Physical Medicine and Rehabilitation	1,574	218	$27.27	5
Internal Medicine	579	80	$26.52	3
Orthopedic Surgery	355	316	$29.79	7
Physician Assistant	218	67	$12.92	4
Infectious Disease	197	16	$18.28	1
Nurse Practitioner	196	19	$23.13	1
Family Practice	72	50	$27.54	3
Occupational Therapist in Private Practice	66	16	$27.05	1
Vascular Surgery	52	40	$16.64	1
Pain Management	46	28	$15.98	2
Allergy/ Immunology	32	32	$32.31	1
Anesthesiology	31	21	$16.09	1
General Practice	24	24	$29.26	1
General Surgery	20	15	$16.59	1

29530 reimbursement by state

Two different numbers. Allowed is what Medicare actually allowed in that state, which includes the local practice-cost adjustment. Standardized strips that geographic adjustment out of the payment, so it is the column to use when comparing states — a difference there reflects how the code was billed, not what it costs to run a practice locally.

State	Services	Allowed	Standardized pmt	Providers
California	7,617	$30.53	$21.87	48
New York	2,149	$28.78	$20.24	16
Tennessee	942	$26.91	$21.98	8
New Jersey	816	$29.16	$20.83	7
Maryland	533	$24.90	$18.62	2
Illinois	329	$23.47	$18.05	2
Arizona	239	$21.94	$17.27	4
Florida	200	$28.87	$21.10	4
Indiana	198	$26.50	$21.45	5
Nevada	196	$23.13	$18.49	1
Washington	172	$30.22	$21.96	5
District of Columbia	169	$30.89	$20.62	2
Alabama	95	$26.72	$22.57	1
North Carolina	90	$25.59	$20.17	3
Texas	67	$27.13	$22.39	1
Louisiana	64	$19.53	$14.07	1
Michigan	13	$28.80	$18.55	1

Related codes

29581Application of vein wound compression bandages on lower leg$84.27
29540Placement of strapping to ankle or foot$26.57
29580Strapping, unna boot$59.18
29550Placement of strapping to toes$15.55
29520Placement of strapping to hip$34.88
29515Application of short leg splint from calf to foot$62.72
29584Application of vein wound compression bandages on upper arm$71.17

Billing this code is not the same as earning it

An allowed amount is revenue to a practice, not income to a clinician. It funds staff, premises, equipment and supplies before anyone is paid. What clinicians actually earn is published separately by the Department of Labor, and what industry pays them is published separately again by CMS — this site carries both.

What doctors are paid →·Look up a clinician →·All procedure codes →

Where this comes from. CMS Medicare Physician & Other Practitioners, by Provider and Service, 2024. It covers fee-for-service Original Medicare Part B only — not Medicare Advantage, not Medicaid, and not commercial insurance, which typically pays more for the same code.

How it is averaged. CMS publishes one average per provider per code. Every figure here is re-weighted by the number of services, so a clinician who billed the code 4,000 times counts 4,000 times more than one who billed it twice. CMS also suppresses any provider-code pair with fewer than 11 beneficiaries, so low-volume practice is missing from these totals by design.