It is facinating to me how rates vary across the country.
In some areas, less than medicare (RBRVS) seems to be common and in others 120-140% is the floor.
I doubt it is simply supply and demand, although I am sure that plays a role. Cost of living also plays a role.
Of course, medicare rates vary by the area of the country, but they are not radically different in the various regions (I believe.)