What do median, p25 and p75 mean?

The median is the middle of the rates a payer lists for a code in a place, and p25 and p75 mark the ends of the middle half.

1 written guide

Written guide

Read median, p25, p75 and n

Before you start. You see these figures on a code page in Rate Watch and in the Table view of a Chat answer chart.

The median is the middle rate. Half the listed rates sit below it and half above. Chat labels it p50, and a code page says Payer median.
p25 is the low end of the typical range, with a quarter of listed rates at or below it. p75 is the high end, with three quarters at or below it.
Each rate counts as often as it is listed in the payer's files. n is how many listings back the figure, so a larger n rests on more filed rates.
The Rate column on the Rates tab is one payer's median for that code and place.
On a code page, Market median is the median of the payers' medians. Payer spread runs from the lowest payer median to the highest.
The strip under the Benchmark block shows the P25 to P75 of payer medians. The square marks the median and the tick marks the Medicare fee.

What you see. Pick a payer in the Payer menu on a code page to see that payer's own median and P25 to P75.

Tip. In a Chat answer chart, click Table, then point at p25, p50, p75 or n to read its definition.