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Heart Contraction-Boosting Device Placement

New Mexico rates for HCPCS 0408T

A small device and connecting wire are placed to send carefully timed electrical signals to the heart muscle, strengthening the force of each heartbeat without acting as a pacemaker or defibrillator. It is used for certain people with moderate to advanced heart failure whose symptoms continue despite standard medications and who are not candidates for other device-based heart failure therapies. The device and its wires are typically placed the same way a pacemaker is implanted, under the skin near the collarbone.

Rates data updated July 2026.

How much does Heart Contraction-Boosting Device Placement cost?

$832

Typical negotiated rate. In New Mexico, July 2026.

Insurers have agreed to pay about $832 for this service. The price depends on where it is billed: about $832 from a physician practice, and about $81,283 from a hospital or other facility. The two figures are alternatives, not parts of one bill.

These are rates insurers have negotiated with providers, not the amount a patient is billed. What you owe depends on your plan's deductible and coinsurance. Based on rates published by 5 insurance carriers under federal price transparency rules.

Where it's billed changes the price

Billed byTypicalRange
Physician practiceA doctor's office, clinic or independent provider$832$813 to $832
FacilityA hospital or hospital-owned outpatient department$81,283$30,903 to $134,896

How much rates vary

Facilitymedian $81,283 · 10th to 90th $3,311 to $177,828Professionalmedian $832 · 10th to 90th $813 to $1,318
$1K$2K$5K$10K$20K$50K$100Kfacility $81,283professional $832

Distribution of negotiated rates across all payers (price axis is log-scale). Each curve is scaled to its own total: facility and professional rates are different services, shown together to compare where they cluster. Need provider-level prices or 24+ months of history? Contact us.

Rates by insurance carrier

Insurance Carrier
Aetna
Setting
Facility
Modifier
Global
Typical Low
$1,000.00
Median
$3,311.31
Typical High
$14,791.08
Aetna
Setting
Professional
Modifier
Global
Typical Low
$812.83
Median
$831.76
Typical High
$831.76
BCBS
Setting
Facility
Modifier
Global
Typical Low
$47,863.01
Median
$117,489.76
Typical High
$186,208.71
Molina
Setting
Professional
Modifier
Global
Typical Low
$60.26
Median
$60.26
Typical High
$85.11
Providence
Setting
Facility
Modifier
Global
Typical Low
$1,122.02
Median
$1,122.02
Typical High
$1,819.70
United
Setting
Facility
Modifier
Global
Typical Low
$5,888.44
Median
$48,977.88
Typical High
$138,038.43
United
Setting
Professional
Modifier
Global
Typical Low
$1,047.13
Median
$1,380.38
Typical High
$1,905.46

Where New Mexico sits

The same service costs 10.2 times more in Colorado than in South Dakota. Every bar is a state, most expensive first. Touch or drag across it to read any state, then open that state for its carriers and full range.

New Mexico· 47th of 51

$832

CO $8,128SD $794

Median negotiated rate in each state, from every insurer that publishes one. States where no insurer publishes a rate for this service are not shown.