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J2354

J2354 – Injection, octreotide, non-depot form for subcutaneous or intravenous in · NDC Crosswalk & Billing Units

HCPCS Level II J-code · Medicare Part B drug billing
J-code ● 44 NDCs crosswalked per 25 MCG $0.596/unit ASP+6%

📋 J2354 summary

J2354 is a HCPCS Level II J-code used to bill octreotide, non-depot form for subcutaneous or intravenous injection, 25 mcg, billed per 25 MCG. The number of billing units to report depends on the dose administered and the NDC/package billed — use the calculator below.

Brand names associated with J2354: Sandostatin, Octreotide Acetate, Octreotide

Code J2354 Billing unit 25 MCG Payment limit $0.596/unit NDC-Crosswalk 44 Quarter Q3 2026 RxCUI Atlas Trace the drug concept →

⚠ An NDC↔HCPCS crosswalk and a published payment limit do not guarantee payer coverage or payment. Always verify the current payer policy and claim format before billing.

🗂️ Key billing facts

HCPCS codeJ2354
DescriptorInjection, octreotide, non-depot form for subcutaneous or intravenous injection, 25 mcg
Billing unit25 MCG
Payment limit / unit$0.596
Est. ASP / unit$0.562 est.
Mapped NDCs44
Data periodQ3 2026
Last updated2026-08-20

💊 About Octreotide DRUG GUIDE

Octreotide injection (available as Sandostatin, BYNFEZIA Pen, and other octreotide acetate injection products) is used to lower abnormally high growth hormone and IGF-1 levels in acromegaly, and to reduce the severe diarrhea and flushing associated with metastatic carcinoid tumors and the profuse watery diarrhea caused by VIPomas (vasoactive intestinal peptide-secreting tumors).Mycapssa, the oral delayed-release capsule, is approved specifically for long-term maintenance treatment of acromegaly in patients who have already responded to and tolerated treatment with octreotide or lanreotide injections.

It is not indicated for carcinoid tumors or VIPomas.

Read the full Octreotide drug guide →
Clinical overview from our editorial drug guide for Octreotide. For billing reference, see the sections above.

🧾 Billing & reimbursement HCPCS · CMS · EFF. Q3 2026

📅 Payment limits effective Q3 2026 — from the CMS Medicare Part B Payment Limit File (revised quarterly).
Medicare payment limit / unit
$0.596
Est. ASP / unit
$0.562 est.
Est. after 2% sequester
$0.584
HCPCS dosage
25 MCG
The CMS payment limit is the Medicare Part B drug allowance (ASP + 6%, statutory). After the 2% federal sequester the effective payment is ≈ ASP + 4.3%; estimated ASP = payment limit ÷ 1.06. Source: CMS Medicare Part B Payment Limit File (quarterly), Q3 2026.
Full HCPCS code details (official CMS record)
Long descriptionInjection, octreotide, non-depot form for subcutaneous or intravenous injection, 25 mcg
CoverageC — Carrier/MAC judgment
Pricing indicator51 — Drug — priced under the ASP methodology
Type of service1 — Medical care
BETOS-2O1E
ASC payment group
Action codeN — No maintenance this year
Effective date2004-01-01
Date added2004-01-01
Source: CMS HCPCS Level II code file (imported via admin).

🧮 Dosing & billing-units calculator HCPCS UNITS

One billing unit of J2354 = 25 mcg. Enter a regimen to convert dose → billing units and project a full course.
Billing units = dose ÷ HCPCS unit size. Most payers require whole units — round per the payer's policy. “Est. Medicare pay” uses the current payment limit. For single-dose vials, drug discarded after administration may be separately billable with modifier JW (JZ when none is discarded) where allowed. Always verify payer-specific rounding before billing.

🔁 NDCs that bill under J2354 LEAST EXPENSIVE FIRST

44 NDCs map to J2354. Bill units = how many HCPCS units one package represents. Est. pay / pkg = payment limit ($0.596/unit) × that package's bill units.
NDC (11-digit)DrugLabelerPackageStrength Bill units Est. pay / pkg NADAC / unit StatusSource
00641-6175-10 Octreotide Acetate 100 ug/mL INJECTION, SOLUTION Hikma 10 VIAL, SINGLE-DOSE in 1 CARTON (0641-617... 100 ug/mL 40 $23.84 $2.410 ● Active CMS + PDAC
23155-0688-41 OCTREOTIDE ACETATE 100 ug/mL INJECTION, SOLUTION Heritage 10 VIAL, GLASS in 1 CARTON (23155-688-41)... 100 ug/mL 40 $23.84 $2.410 ● Active CMS + PDAC
25021-0464-01 Octreotide Acetate 100 ug/mL INJECTION, SOLUTION Sagent 10 VIAL in 1 CARTON (25021-464-01) / 1 mL... 100 ug/mL 40 $23.84 $2.410 Obsolete CMS + PDAC
63323-0376-01 Octreotide 100 ug/mL INJECTION, SOLUTION Fresenius 10 VIAL, SINGLE-DOSE in 1 TRAY (63323-376-... 100 ug/mL 40 $23.84 $2.410 ● Active CMS + PDAC
63323-0376-04 Octreotide 100 ug/mL INJECTION, SOLUTION Fresenius 10 VIAL, SINGLE-DOSE in 1 TRAY (63323-376-... 100 ug/mL 40 $23.84 $2.410 ● Active CMS ASP
68462-0896-10 Octreotide Acetate 100 ug/mL INJECTION, SOLUTION GLENMARK 10 VIAL in 1 CARTON (68462-896-10) / 1 mL... 100 ug/mL 40 $23.84 $2.410 ● Active CMS + PDAC
00641-6174-10 Octreotide Acetate 50 ug/mL INJECTION, SOLUTION Hikma 10 VIAL, SINGLE-DOSE in 1 CARTON (0641-617... 50 ug/mL 20 $11.92 $2.642 ● Active CMS + PDAC
23155-0687-41 OCTREOTIDE ACETATE 50 ug/mL INJECTION, SOLUTION Heritage 10 VIAL, GLASS in 1 CARTON (23155-687-41)... 50 ug/mL 20 $11.92 $2.642 ● Active CMS + PDAC
25021-0463-01 Octreotide Acetate 50 ug/mL INJECTION, SOLUTION Sagent 10 VIAL in 1 CARTON (25021-463-01) / 1 mL... 50 ug/mL 20 $11.92 $2.642 Obsolete CMS + PDAC
00641-6177-01 Octreotide Acetate 200 ug/mL INJECTION, SOLUTION Hikma 1 VIAL, MULTI-DOSE in 1 CARTON (0641-6177-... 200 ug/mL 40 $23.84 $5.340 ● Active CMS + PDAC
23155-0685-31 OCTREOTIDE ACETATE 200 ug/mL INJECTION, SOLUTION Heritage 5 mL in 1 VIAL, GLASS (23155-685-31) 200 ug/mL 40 $23.84 $5.340 ● Active CMS + PDAC
25021-0466-05 Octreotide Acetate 200 ug/mL INJECTION, SOLUTION Sagent 1 VIAL in 1 CARTON (25021-466-05) / 5 mL... 200 ug/mL 40 $23.84 $5.340 Obsolete CMS + PDAC
63323-0378-05 Octreotide 200 ug/mL INJECTION, SOLUTION Fresenius 1 VIAL, MULTI-DOSE in 1 CARTON (63323-378-... 200 ug/mL 40 $23.84 $5.340 ● Active CMS + PDAC
00078-0180-01 Sandostatin octreotide acetate 50 ug/mL INJECTION, SOLUTION Novartis 10 AMPULE in 1 PACKAGE (0078-0180-01) / 1... 50 ug/mL 20 $11.92 ● Active CMS + PDAC
00078-0181-01 Sandostatin octreotide acetate 100 ug/mL INJECTION, SOLUTION Novartis 10 AMPULE in 1 PACKAGE (0078-0181-01) / 1... 100 ug/mL 40 $23.84 ● Active CMS + PDAC
00078-0182-01 Sandostatin octreotide acetate 500 ug/mL INJECTION, SOLUTION Novartis 10 AMPULE in 1 PACKAGE (0078-0182-01) / 1... 500 ug/mL 200 $119.20 ● Active CMS + PDAC
00641-6176-10 Octreotide Acetate 500 ug/mL INJECTION, SOLUTION Hikma 10 VIAL, SINGLE-DOSE in 1 CARTON (0641-617... 500 ug/mL 200 $119.20 ● Active CMS + PDAC
00641-6178-01 Octreotide Acetate 1000 ug/mL INJECTION, SOLUTION Hikma 1 VIAL, MULTI-DOSE in 1 CARTON (0641-6178-... 1000 ug/mL 200 $119.20 ● Active CMS + PDAC
23155-0686-31 OCTREOTIDE ACETATE 1000 ug/mL INJECTION, SOLUTION Heritage 5 mL in 1 VIAL, GLASS (23155-686-31) 1000 ug/mL 200 $119.20 ● Active CMS + PDAC
23155-0689-41 OCTREOTIDE ACETATE 500 ug/mL INJECTION, SOLUTION Heritage 10 VIAL, GLASS in 1 CARTON (23155-689-41)... 500 ug/mL 200 $119.20 ● Active CMS + PDAC
25021-0451-01 Octreotide Acetate Sagent 20 $11.92 CMS ASP
25021-0452-01 Octreotide Acetate Sagent 40 $23.84 CMS ASP
25021-0453-01 Octreotide Acetate Sagent 200 $119.20 CMS ASP
25021-0454-05 Octreotide Acetate Sagent 40 $23.84 CMS ASP
25021-0465-01 Octreotide Acetate 500 ug/mL INJECTION, SOLUTION Sagent 10 VIAL in 1 CARTON (25021-465-01) / 1 mL... 500 ug/mL 200 $119.20 Obsolete CMS + PDAC
25021-0467-05 Octreotide Acetate 1000 ug/mL INJECTION, SOLUTION Sagent 1 VIAL in 1 CARTON (25021-467-05) / 5 mL... 1000 ug/mL 200 $119.20 Obsolete CMS + PDAC
63323-0377-01 Octreotide 500 ug/mL INJECTION, SOLUTION Fresenius 10 VIAL, SINGLE-DOSE in 1 TRAY (63323-377-... 500 ug/mL 200 $119.20 ● Active CMS + PDAC
63323-0377-04 Octreotide 500 ug/mL INJECTION, SOLUTION Fresenius 10 VIAL, SINGLE-DOSE in 1 TRAY (63323-377-... 500 ug/mL 200 $119.20 ● Active CMS ASP
63323-0379-05 Octreotide 1000 ug/mL INJECTION, SOLUTION Fresenius 1 VIAL, MULTI-DOSE in 1 CARTON (63323-379-... 1000 ug/mL 200 $119.20 ● Active CMS + PDAC
67457-0239-01 Octreotide Acetate 50 ug/mL INJECTION, SOLUTION Mylan 10 SYRINGE in 1 CARTON (67457-239-01) / 1... 50 ug/mL 20 $11.92 ● Active CMS ASP
67457-0245-01 Octreotide Acetate 100 ug/mL INJECTION, SOLUTION Mylan 10 SYRINGE in 1 CARTON (67457-245-01) / 1... 100 ug/mL 40 $23.84 ● Active CMS ASP
67457-0246-01 Octreotide Acetate 500 ug/mL INJECTION, SOLUTION Mylan 10 SYRINGE in 1 CARTON (67457-246-01) / 1... 500 ug/mL 200 $119.20 ● Active CMS ASP
68462-0897-10 Octreotide Acetate 500 ug/mL INJECTION, SOLUTION GLENMARK 10 VIAL in 1 CARTON (68462-897-10) / 1 mL... 500 ug/mL 200 $119.20 ● Active CMS + PDAC
71288-0566-02 Octreotide Acetate 50 ug/mL INJECTION, SOLUTION Meitheal 10 VIAL, SINGLE-DOSE in 1 CARTON (71288-56... 50 ug/mL 20 $11.92 ● Active CMS + PDAC
71288-0567-02 Octreotide Acetate 100 ug/mL INJECTION, SOLUTION Meitheal 10 VIAL, SINGLE-DOSE in 1 CARTON (71288-56... 100 ug/mL 40 $23.84 ● Active CMS + PDAC
71288-0568-02 Octreotide Acetate 500 ug/mL INJECTION, SOLUTION Meitheal 10 VIAL, SINGLE-DOSE in 1 CARTON (71288-56... 500 ug/mL 200 $119.20 ● Active CMS + PDAC
00781-9167-95 OCTREOTIDE ACETATE NOVAPLUS (M.D.V.) 100 MCG/ML Unknown 4 $2.38 PDAC
00781-9166-95 OCTREOTIDE ACETATE NOVAPLUS (M.D.V.) 50 MCG/ML Unknown 2 $1.19 PDAC
00781-9168-95 OCTREOTIDE ACETATE NOVAPLUS (M.D.V.) 500 MCG/ML Unknown 20 $11.92 PDAC
00703-3333-01 OCTREOTIDE ACETATE 200 MCG/ML Unknown 8 $4.77 PDAC
00703-3343-01 OCTREOTIDE ACETATE 1000 MCG/ML Unknown 40 $23.84 PDAC
00703-3301-04 OCTREOTIDE ACETATE (1MLX25 VIALS) 50 MCG/ML Unknown 2 $1.19 PDAC
00703-3311-04 OCTREOTIDE ACETATE (1MLX25 VIALS) 100 MCG/ML Unknown 4 $2.38 PDAC
00703-3321-04 OCTREOTIDE ACETATE (1MLX25 VIALS) 500 MCG/ML Unknown 20 $11.92 PDAC
NDC→HCPCS mappings come from the CMS ASP NDC-HCPCS crosswalk; additional DME MAC / DMEPOS mappings come from PDAC and are labeled separately. NADAC from CMS (weekly). “Status” reflects the product's marketing / obsolete flag in the NDC directory. Presence or absence here does not determine Medicare coverage. Linked NDCs open the full product page.

📊 Medicare utilization & spend CMS · PART B · 2025 (Q1-Q4)

Total Part B spend
$25.1K
Claims
17
Beneficiaries
Spend / beneficiary
Spend / claim
$1,478.88
Where J2354 ranks among Part B drugs · 2025 (Q1-Q4) · neighbors ±5

Full breakdown by period (1)
PeriodTotal spendBeneficiariesClaims$/beneficiary$/claim
2025 (Q1-Q4) $25.1K 17 $1,478.88
Provider-administered (Part B) spend, calculated for the whole HCPCS code (CMS does not publish Medicare spend per individual NDC). Self-administered use is covered under Part D instead. A blank patient count means fewer than 11 people — CMS hides counts that small to protect privacy. Source: CMS Medicare Quarterly Part B Spending by Drug (data.cms.gov), updated quarterly.

📈 Medicare Part B claims detail CMS PSPS · 2024

Calendar-year 2024 Medicare Part B fee-for-service activity for this HCPCS code, summed across all carriers, localities and specialties (CMS Physician/Supplier Procedure Summary). A “service” is one billed line/unit — not one claim — so counts run higher than claim counts.
Allowed charges
$15.9K
Medicare paid
$12.5K
Submitted services
58,999
Denial rate
63.3%
Allowed / service
$0.74
Submitted charges
$1.12M
Source: CMS Physician/Supplier Procedure Summary (PSPS), CY2024 — Medicare Part B carrier + DME fee-for-service claims (excludes Medicare Advantage). Figures are for the whole HCPCS code, which may cover uses beyond this drug. ⚠ CMS hides any figure covering fewer than 11 patients (a privacy rule), so totals — especially denials and low-volume codes — run a little low.

📊 What bills under J2354

J-codes are billing codes often used for drugs billed under the medical benefit. This connects the billing code to the NDC package records it covers, by ingredient and labeler.

NDC products by ingredient
octreotide acetate 16
Octreotide Acetate 10
OCTREOTIDE ACETATE 6
NDC products by labeler
Novartis Pharmaceuticals Corporati... 6
Fresenius Kabi USA, LLC 6
Hikma Pharmaceuticals USA Inc. 5
Heritage Pharmaceuticals Inc. d/b/... 5
Sagent Pharmaceuticals 5
Meitheal Pharmaceuticals, Inc. 3
GLENMARK PHARMACEUTICALS INC., USA 2

🗃️ Data sources & freshness

Every figure on this page is computed from public datasets. Here's what each section draws on and how current it is.
HCPCS code & descriptor
CMS HCPCS Level II code file
Loaded
Payment limit & billing unit
CMS Medicare Part B ASP Pricing File (quarterly)
Q3 2026 · as of 2026-08-20
NDC ↔ HCPCS crosswalk
CMS ASP NDC-HCPCS crosswalk + DMEPDAC (PDAC)
44 NDCs mapped
NADAC acquisition cost
CMS National Average Drug Acquisition Cost (weekly)
Available for mapped NDCs
Utilization & spend
CMS Part B Spending by Drug · PSPS · Physician & Other Practitioners
Latest data year 2025
Figures are estimates for reference and may lag the source files. Always verify against the current CMS files and your payer's policy before submitting claims.

⚠️ Practical billing caveats

  • A crosswalk is not coverage. An NDC mapping or a published payment limit does not guarantee a payer will cover or pay this code. Check the specific plan's policy.
  • Units ≠ milligrams. Bill the number of HCPCS units (dose ÷ the code's unit size), not the milligram dose. Use the calculator above.
  • Discarded drug. For single-dose vials, drug discarded after administration may be separately billable with modifier JW (and JZ when nothing is discarded) where the payer allows.
  • Rounding & partial units. Many payers require whole units; round per the payer's policy, not automatically up.
  • The code can cover more than this drug. Some HCPCS codes span multiple products or strengths — confirm the exact code for the product administered.
  • Figures lag. ASP limits change quarterly and utilization data are released with a delay. Verify against the current CMS files before billing.

J2354 billing FAQ

What is HCPCS code J2354?
J2354 is a HCPCS Level II J-code used to bill Injection, octreotide, non-depot form for subcutaneous or intravenous injection, 25 mcg under Medicare Part B and most medical (not pharmacy) benefits.
What is the billing unit for J2354?
One unit of J2354 represents 25 MCG. Report the number of units equal to the dose administered divided by 25 MCG.
How many units of J2354 should I bill?
Divide the dose administered by the code's unit size (25 MCG) to get the number of billing units, then round per your payer's policy. The calculator on this page converts a dose into billing units and projects a full course.
How much does Medicare pay for J2354?
The Medicare Part B payment limit is $0.596 per unit (Q3 2026), based on ASP + 6%. After the 2% sequester the effective payment is about $0.584 per unit. Payment limits are revised quarterly.
Which NDCs bill under J2354?
44 NDCs currently map to J2354 in the CMS ASP NDC-HCPCS crosswalk. See the NDC crosswalk table above for each product, package, billing units and estimated reimbursement.
Does a crosswalk mean J2354 is covered?
No. An NDC-to-HCPCS crosswalk and a published payment limit do not guarantee coverage or payment. Coverage depends on the payer, the diagnosis and the site of care — always verify the current policy before billing.
For professional billing reference only — verify against the current CMS files before submitting claims.