Nerve Monitoring In The Operating Room

Nationwide rates for HCPCS 95940

Covers continuous monitoring of the nerves and spinal cord while an operation is going on, with a specialist physically present in the operating room devoting attention to that one patient. Electrical signals from the nervous system are watched constantly so the surgical team is warned immediately if a nerve is being put at risk. It is billed in 15-minute blocks for the time the specialist is in attendance.

Rates data updated July 2026.

How much does Nerve Monitoring In The Operating Room cost?

$46.77

Typical negotiated rate. Nationwide, July 2026.

Insurers have agreed to pay about $46.77 for this service. The price depends on where it is billed: about $39.81 from a physician practice, and about $48.98 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 50 insurance carriers under federal price transparency rules.

Where it's billed changes the price

Billed by	Who charges it	Typical	Range
Physician practiceA doctor's office, clinic or independent provider	A doctor's office, clinic or independent provider	$39.81	$28.18 to $61.66
FacilityA hospital or hospital-owned outpatient department	A hospital or hospital-owned outpatient department	$48.98	$33.88 to $89.13

How much rates vary

Facilitymedian $49 · 10th to 90th $30 to $195Professionalmedian $40 · 10th to 90th $27 to $214

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	Facility/Professional	Modifier	Typical Low	Median	Typical High
Aetna Setting Facility Modifier Global Typical Low $30.90 Median $51.29 Typical High $275.42	Facility	Global	$30.90	$51.29	$275.42
BCBS Setting Facility Modifier Global Typical Low $33.88 Median $95.50 Typical High $1,479.11	Facility	Global	$33.88	$95.50	$1,479.11
Cigna Setting Facility Modifier Global Typical Low $45.71 Median $95.50 Typical High $263.03	Facility	Global	$45.71	$95.50	$263.03
United Setting Facility Modifier Global Typical Low $30.90 Median $39.81 Typical High $52.48	Facility	Global	$30.90	$39.81	$52.48

What it costs in each state

The same service costs 7.9 times more in Connecticut than in Wyoming. Every bar is a state, most expensive first. Pick one to see its carriers and full range.

CT $158WY $19.95

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.