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Nerve Monitoring In The Operating Room

Colorado 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 October 2026.

How much does Nerve Monitoring In The Operating Room cost?

$43.65

Typical negotiated rate. In Colorado, October 2026.

Insurers have agreed to pay about $43.65 for this service. The price depends on where it is billed: about $43.65 from a physician practice, and about $35.48 from a hospital or other facility.

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 7 insurance carriers under federal price transparency rules.

Prices by location type

Billed byTypicalRange
Physician practiceA doctor's office, clinic or independent provider$43.65$34.67 to $58.88
FacilityA hospital or hospital-owned outpatient department$35.48$34.67 to $50.12

How much rates vary

Facilitymedian $35 · 10th to 90th $35 to $55Professionalmedian $44 · 10th to 90th $32 to $71
$50$100facility $35professional $44

Distribution of negotiated rates across all payers (price axis is log-scale). Small sample; interpret with caution. Need provider-level prices or 24+ months of history? Contact us.

Rates by insurance carrier

Insurance Carrier
Aetna
Setting
Facility
Modifier
None
Typical Low
$34.67
Median
$34.67
Typical High
$54.95
Aetna
Setting
Professional
Modifier
None
Typical Low
$30.20
Median
$34.67
Typical High
$36.31
Aetna
Setting
Professional
Modifier
52 · Reduced service
Typical Low
$15.14
Median
$17.38
Typical High
$17.38
Aetna
Setting
Professional
Modifier
53 · Discontinued
Typical Low
$6.03
Median
$7.08
Typical High
$7.08
Anthem BCBS
Setting
Professional
Modifier
None
Typical Low
$33.88
Median
$52.48
Typical High
$77.62
Cigna
Setting
Professional
Modifier
None
Typical Low
$34.67
Median
$45.71
Typical High
$69.18
Denver HMP
Setting
Facility
Modifier
None
Typical Low
$34.67
Median
$35.48
Typical High
$50.12
Kaiser Permanente
Setting
Professional
Modifier
None
Typical Low
$26.92
Median
$38.90
Typical High
$60.26
Select Health
Setting
Facility
Modifier
None
Typical Low
$26.92
Median
$50.12
Typical High
$57.54
Select Health
Setting
Professional
Modifier
None
Typical Low
$25.12
Median
$33.11
Typical High
$47.86
United
Setting
Professional
Modifier
None
Typical Low
$31.62
Median
$45.71
Typical High
$74.13

Where Colorado sits

The same service costs 3.0 times more in Alaska than in New York. 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.

Colorado· 17th of 51

$43.65

AK $79.43NY $26.30

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.