Claiming Depreciation. You can reap the tax benefits of depreciation by filing IRS Form 4562. This form helps you calculate how much of a depreciation deduction you can take each year for a given improvement or renovation. However, if the IRS deems your project to be a repair rather than an improvement, you can generally claim these expenses in the first year using Schedule E.
In Denver a Hip MRI with contrast agent at Rose Medical Center Outpatient Imaging was billed at $4645. A PPO plan wrote off $1997, and paid $1718.12, leaving the patient to pay $929.53. Therefore the net cost of the procedure was $2647.65. The cash price at a specialty imaging location is substantially less - as little as $650 with contrast.
A MRI in Atlanta costs $1,016 on average when you take the median of the 108 medical providers who perform MRI procedures in Atlanta, GA. The least expensive MRI in Atlanta is $390 for a MRI of Head while the most expensive MRI list price is $1,650 for a Breast MRI (One Breast).