CPT 01404: Anesthesia for Open or Arthroscopic Knee Procedure
Commercial payers pay $69 on average nationally for this procedure.
CPT code 01404 describes anesthesia services provided for a patient undergoing an open or arthroscopic procedure, including disarticulation, at the knee joint; the service is an anesthesia service typically delivered in an operating room or ambulatory surgical center for knee surgical procedures.
For related coverage guidance, see recent payer policy updates: Dental Anesthesia Services, Anesthesia Services for Interventional Pain Management Procedures in an Adult, General Anesthesia and Conscious Sedation Services.
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National Reimbursement Benchmarks
National commercial rates for CPT 01404 center around BUCA’s average commercial rate of $69.30, with meaningful variation across carriers. Cigna and Blue Cross Blue Shield exhibit higher central tendencies (Cigna median $86 and BCBS median $55.7) while Aetna and UnitedHealth Group sit lower (Aetna median $48, UnitedHealth Group median $63.8). This positions BUCA near the middle of the market, reflecting an average commercial benchmark rather than an extreme.
Dispersion measured by the interquartile range (P75 − P25) highlights differences in rate stability: Cigna shows the widest IQR at $58.6 ($125 − $68.4), indicating substantial variability, followed by BUCA with an IQR of $37.3 ($87.4 − $49.1). Blue Cross Blue Shield and Aetna have moderate spreads of $36.6 ($80.5 − $44) and $36.9 ($77.09 − $42), respectively, while UnitedHealth Group is the tightest with an IQR of $28.9 ($80.9 − $52).