CPT 92960: External Cardioversion/Defibrillation for Arrhythmia
Medicare pays $160 and commercial payers pay $612 on average nationally for this procedure.
CPT code 92960 describes external cardioversion/defibrillation: a procedure in which a clinician delivers an electrical shock with an external defibrillator to restore normal heart rate and rhythm in patients with arrhythmia. This service is an urgent or non-emergent cardiac electrical therapy typically performed in the emergency department, hospital inpatient setting, or monitored procedure area and is billed for the act of rhythm restoration using external transthoracic shock.
For related coverage guidance, see recent payer policy updates: Cardiac Computed Tomography (CCT)/Coronary Computed Tomographic Angiography (CCTA), Cardiovascular Disease Risk Assessment, Biomarkers for Myocardial Infarction and Chronic Heart Failure.
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National Reimbursement Benchmarks
Medicare’s mean of $159.70 sits well below BUCA’s average commercial level of $612.10, indicating a substantial gap between federal reimbursement and this commercial benchmark. The difference of $452.40 highlights how commercial agreements can run materially higher than Medicare for CPT 92960, with BUCA representing a higher-cost commercial reference point relative to Medicare’s $159.70 mean.
Dispersion varies notably across payers: Blue Cross Blue Shield shows one of the widest interquartile spreads (P75–P25 = $320.00), reflecting greater variability in negotiated rates, while Aetna’s interquartile range is tighter at $130.00. UnitedHealth Group’s IQR is $159.50 and Cigna’s is $152.50, placing them in the middle. BUCA’s commercial IQR is $140.00, making it relatively moderate compared with the extremes. These ranges reveal where rates are most clustered versus most dispersed among payers.