facebook tracking Hip and femur procedures except major joint with major complications cost in New Mexico: 6 hospitals compared (DRG 480)

Hip and femur procedures except major joint with major complications in New Mexico

What 6 hospitals in New Mexico charged and were paid for a Medicare hospital stay for hip and femur procedures except major joint with major complications (DRG 480), from 2024 Medicare claims.

DRG 480 Inpatient 2024 Medicare data
Average charge $115,649 Hospital list price billed
Average payment $27,020 Medicare + patient + other payers
Medicare paid $24,414 Average per stay
State rank #36 of 46 1 = lowest average payment

Hospitals in New Mexico billed an average of $115,649 for hip and femur procedures except major joint with major complications, about 4.3 times the average total payment of $27,020. That payment is 3% above the U.S. average of $26,284.

These are averages for patients with original (fee-for-service) Medicare. Private insurance pays different, negotiated prices, and what you owe depends on your plan's deductible and coinsurance. Use these figures to compare hospitals, not as a quote.

Paid $27,020Billed $115,649

About 23¢ was paid for every $1 hospitals in New Mexico billed for this stay.

New Mexico hospitals: hip and femur procedures except major joint with major complications

Every New Mexico hospital that billed Medicare for this stay at least 11 times. Click a column to sort.

Hospital Stays Avg charge Avg payment Medicare paid
St Vincent HospitalSanta Fe 53 $128,655 $31,008 $29,451
Presbyterian HospitalAlbuquerque 42 $73,146 $23,235 $18,443
Lovelace Medical CenterAlbuquerque 21 $216,083 $20,218 $18,671
UNM HospitalAlbuquerque 20 $59,847 $31,898 $27,947
San Juan Regional Medical CenterFarmington 16 $73,110 $27,368 $26,348
Carlsbad Medical CenterCarlsbad 11 $186,863 $25,861 $24,674
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Lowest and highest payments in New Mexico

Among hospitals with at least 11 Medicare hospital stays. Differences reflect local wage costs, teaching status and how sick patients were, as well as price.

Lowest

Lovelace Medical CenterAlbuquerque, NM$20,218
Presbyterian HospitalAlbuquerque, NM$23,235
Carlsbad Medical CenterCarlsbad, NM$25,861
San Juan Regional Medical CenterFarmington, NM$27,368
St Vincent HospitalSanta Fe, NM$31,008

Highest

UNM HospitalAlbuquerque, NM$31,898
St Vincent HospitalSanta Fe, NM$31,008
San Juan Regional Medical CenterFarmington, NM$27,368
Carlsbad Medical CenterCarlsbad, NM$25,861
Presbyterian HospitalAlbuquerque, NM$23,235

Hip and femur procedures except major joint with major complications in other states

Questions

How much does hip and femur procedures except major joint with major complications cost in New Mexico?

In 2024 Medicare data, a hospital stay for hip and femur procedures except major joint with major complications (DRG 480) at 6 hospitals in New Mexico was billed at $115,649 on average, while the average total payment was $27,020, of which Medicare paid $24,414. Your own cost depends on your insurance, deductible and the hospital.

Why are hospital charges so much higher than payments?

Charges are a hospital's list prices. Medicare pays fixed rates set in advance, and private insurers negotiate their own discounts, so almost nobody pays the full charge. For this stay in New Mexico, average charges were 4.3 times the average payment. Uninsured patients can ask the hospital about its financial assistance (charity care) policy and cash prices.

Source: CMS, Medicare Inpatient Hospitals by Provider and Service, 2024. Average total payment includes Medicare's payment, the patient's deductible and coinsurance, and any other payer. CMS omits hospitals with fewer than 11 hospital stays for privacy. About the data.