How Much Does Removal of Thyroid Cost?
Also known as: Removal of thyroid (CPT 60240)
Total thyroidectomy - removal of the entire thyroid gland.
The total estimated cost of Removal of Thyroid (CPT 60240) is $2,788 to $5,227, including hospital fees, anesthesia, and supplies. The surgeon's Medicare fee alone is $830.
Total Estimated Cost of Care
This estimate includes hospital facility fees, anesthesia, and supplies .
Patient Guide: Removal of Thyroid
What you need to know before your appointment
What to Expect
Under general anesthesia, the surgeon removes the entire thyroid gland through a neck incision. Hospital stay is 1-2 days.
How Long Does It Take?
2-3 hours
Common Reasons Doctors Order This
Thyroid cancer, Graves disease, large goiter, multinodular goiter
How to Prepare
Fast before surgery. You will need lifelong thyroid hormone replacement medication. Calcium supplements may be needed temporarily. Voice changes are usually temporary.
Procedures Commonly Done Together
These procedures are frequently performed alongside Removal of thyroid
How to Reduce Your Cost for Removal of thyroid
Practical tips that can save you hundreds or thousands of dollars
- 1 Ask about cash-pay discounts
Many hospitals and clinics offer 20-40% discounts for self-pay patients. Always ask before scheduling.
- 2 Compare facility vs. office setting costs
Some procedures cost significantly less in an office setting than a hospital. Ask your provider about options.
- 3 Shop around — costs vary significantly
Costs can vary 2-3x between providers in the same city. Get quotes from multiple facilities.
How is the Price Calculated?
Medicare calculates procedure payments using Relative Value Units (RVUs). Each procedure has three components multiplied by a conversion factor ($33.40 in 2026) and adjusted by geographic cost indices.
Payment = Total RVU (24.84) x CF ($33.40) = $830
Related Procedures
Similar procedures in the same category or body system
Frequently Asked Questions
How much does Removal of thyroid cost?
The Medicare facility rate for Removal of thyroid is $830. Commercial insurance rates typically range from 150% to 250% of Medicare (varies by plan).
How much does Removal of thyroid cost without insurance?
Without insurance, the cost of Removal of thyroid can range from 150% of Medicare to 500% of Medicare depending on the facility. Many hospitals and clinics offer self-pay discounts of 20-40% off their chargemaster price. Always ask about cash pricing before your visit.
Does insurance cover Removal of thyroid?
Most commercial health insurance plans and Medicare cover Removal of thyroid when ordered by a physician for a medically necessary reason. Your out-of-pocket cost depends on your plan's deductible, copay/coinsurance structure, and whether you use an in-network provider. Check with your insurance company before scheduling to confirm coverage and get a cost estimate.
Why does the cost vary so much by location?
Medicare adjusts payments using Geographic Practice Cost Indices (GPCIs) that reflect local differences in physician work costs, practice expenses, and malpractice insurance. Manhattan, San Francisco, and other high-cost areas pay significantly more than rural regions. Commercial insurers follow similar geographic patterns.