RxDoctor Payments Data

HCPCS J3420

Injection, vitamin b-12 cyanocobalamin, up to 1000 mcg

$1.24Medicare-allowed amount per service, averaged across 921,902 services
Providers submitted
$14.58

Asking price, not received

Medicare allowed
$1.24

The fee schedule figure

Medicare paid
$0.90

Balance is patient coinsurance

Providers submitted an average of $14.58 for this code and Medicare allowed $1.2411.8× 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 $0.90 (73%); the rest is the patient’s coinsurance and deductible.

Services
921,902

Medicare Part B, 2024

Beneficiaries
263,372
Providers billing it
9,510
Total allowed
$1,143,158

Services × allowed amount

What Medicare pays for HCPCS J3420

Across 921,902 services billed by 9,510 providers to 263,372 beneficiaries, Medicare allowed an average of $1.24 per service. That is 3.5 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.

This is a drug or supply code rather than a service. The unit is usually a dose or a milligram, so the per-service figure is small by construction and the total is what carries meaning — read it alongside the service count rather than on its own.

Who bills J3420

SpecialtyServicesBeneficiariesAvg allowedProviders
Internal Medicine302,93484,622$1.243,076
Family Practice228,22864,975$1.242,620
Hematology-Oncology165,10243,346$1.261,277
Nurse Practitioner80,31926,685$1.251,161
Medical Oncology42,63510,849$1.25321
Physician Assistant17,7076,576$1.24327
Neurology13,1443,893$1.26122
Rheumatology11,3693,447$1.2669
Cardiology8,4983,193$1.2562
General Practice8,4822,790$1.2486
Nephrology5,2061,518$1.2627
Geriatric Medicine4,1101,449$1.2641
Endocrinology4,0411,311$1.1644
Hematology4,002969$1.2631
Physical Medicine and Rehabilitation3,078630$1.2414

J3420 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.

StateServicesAllowedStandardized pmtProviders
Florida150,918$1.26$0.931,078
California141,066$1.24$0.921,088
New York67,521$1.24$0.93715
Tennessee39,803$1.24$0.87471
New Jersey38,600$1.25$0.94433
Georgia37,694$1.23$0.86437
Alabama35,455$1.25$0.87473
North Carolina32,667$1.22$0.84337
Illinois32,279$1.25$0.90348
Texas31,862$1.24$0.90426
Michigan25,237$1.23$0.89338
South Carolina23,956$1.26$0.90280
Pennsylvania23,173$1.25$0.87312
Arizona22,348$1.24$0.91243
Virginia20,858$1.24$0.90212
Maryland19,862$1.25$0.92215
Oklahoma19,075$1.22$0.92140
Mississippi19,053$1.24$0.86250
Indiana16,330$1.24$0.85213
Kentucky15,737$1.20$0.82213
Ohio13,148$1.25$0.87176
Arkansas12,539$1.26$0.90135
Nevada8,167$1.25$0.9477
Kansas7,917$1.26$0.8770
Massachusetts7,697$1.25$0.8893
Nebraska6,488$1.25$0.8786
Louisiana6,083$1.26$0.9085
Connecticut5,708$1.25$0.9061
Utah5,221$1.26$0.8757
Missouri5,100$1.25$0.8861
Colorado3,774$1.24$0.9149
Washington3,577$1.25$0.8842
Iowa3,347$1.26$0.8941
West Virginia3,265$1.26$0.8736
North Dakota2,806$1.25$0.9119
Delaware1,861$1.26$0.8817
New Mexico1,723$1.27$0.8929
Wyoming1,425$1.26$0.8423
Wisconsin1,368$1.26$0.9023
Hawaii1,190$1.26$0.939
Minnesota1,127$1.26$0.8921
South Dakota985$1.26$0.897
Oregon971$1.24$0.9019
New Hampshire607$1.18$0.8011
Rhode Island511$1.26$0.8910
Idaho406$1.16$0.789
Montana288$1.27$0.905
Alaska262$1.24$0.847
Maine247$1.23$0.894
Vermont185$1.24$0.971
U.S. Virgin Islands174$1.26$0.941
District of Columbia111$1.30$0.802
XX107$1.25$0.981
Puerto Rico23$1.28$0.921

Related codes

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.