Medicare pays $266 on average nationally for this procedure.

CPT code 23500 describes the closed treatment of a clavicular (collarbone) fracture, a nonoperative procedure in which the provider manages the fracture without surgical exposure or internal fixation; this service is typically performed as a closed reduction or conservative fracture care and is delivered in ambulatory surgical centers, emergency departments, urgent care clinics, or outpatient orthopedic clinics depending on clinical context and resource needs.

For related coverage guidance, see recent payer policy updates: Hip Arthroplasty (partial and total hip replacement), Shoulder Arthroplasty (Total, Partial, Reverse, Revision and Resurfacing), Artificial Lumbar Intervertebral Disc (Lumbar Total Disc Arthroplasty).