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Nerve Monitoring In The Operating Room

Virginia 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?

$34.67

Typical negotiated rate. In Virginia, October 2026.

Insurers have agreed to pay about $34.67 for this service. The price depends on where it is billed: about $34.67 from a physician practice, and about $42.66 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 8 insurance carriers under federal price transparency rules.

Prices by location type

Billed byTypicalRange
Physician practiceA doctor's office, clinic or independent provider$34.67$30.90 to $38.90
FacilityA hospital or hospital-owned outpatient department$42.66$33.11 to $74.13

How much rates vary

Facilitymedian $43 · 10th to 90th $28 to $10,233Professionalmedian $35 · 10th to 90th $29 to $47
$20$100$500$2K$10Kfacility $43professional $35

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

Rates by insurance carrier

Insurance Carrier
Aetna
Setting
Facility
Modifier
None
Typical Low
$30.20
Median
$34.67
Typical High
$69.18
Aetna
Setting
Professional
Modifier
None
Typical Low
$30.20
Median
$34.67
Typical High
$34.67
Anthem BCBS
Setting
Professional
Modifier
None
Typical Low
$28.84
Median
$34.67
Typical High
$41.69
CareFirst
Setting
Professional
Modifier
None
Typical Low
$30.90
Median
$34.67
Typical High
$38.90
Cigna
Setting
Professional
Modifier
None
Typical Low
$28.84
Median
$36.31
Typical High
$60.26
Kaiser Permanente
Setting
Professional
Modifier
None
Typical Low
$24.55
Median
$28.84
Typical High
$36.31
Medcost
Setting
Professional
Modifier
None
Typical Low
$60.26
Median
$60.26
Typical High
$60.26
Medcost
Setting
Facility
Modifier
None
Typical Low
$43.65
Median
$43.65
Typical High
$60.26
Medcost
Setting
Professional
Modifier
None
Typical Low
$25.12
Median
$25.12
Typical High
$56.23
Sentara
Setting
Facility
Modifier
None
Typical Low
$23.44
Median
$42.66
Typical High
$10,232.93
Sentara
Setting
Professional
Modifier
None
Typical Low
$31.62
Median
$40.74
Typical High
$74.13
United
Setting
Professional
Modifier
None
Typical Low
$26.92
Median
$39.81
Typical High
$66.07
2 more rates with less common billing modifiers

A modifier changes what was billed, for example a reduced or repeated service. Each of these modifiers carries under 10% of the published rates for this code. Modifier combinations, and modifiers with fewer than 30 rates for a carrier, are not listed.

Insurance Carrier
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
$6.92
Typical High
$6.92

Where Virginia 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.

Virginia· 35th of 51

$34.67

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.