facebook tracking Knee procedures without principal diagnosis of infection with complications cost in New York: 1 hospitals compared (DRG 488)

Knee procedures without principal diagnosis of infection with complications in New York

What 1 hospital in New York charged and were paid for a Medicare hospital stay for knee procedures without principal diagnosis of infection with complications (DRG 488), from 2024 Medicare claims.

DRG 488 Inpatient 2024 Medicare data
Average charge $94,001 Hospital list price billed
Average payment $24,037 Medicare + patient + other payers
Medicare paid $19,240 Average per stay
Volume 30 Medicare hospital stays

Hospitals in New York billed an average of $94,001 for knee procedures without principal diagnosis of infection with complications, about 3.9 times the average total payment of $24,037. That payment is 19% above the U.S. average of $20,222.

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 $24,037Billed $94,001

About 26¢ was paid for every $1 hospitals in New York billed for this stay.

Medicare prices this stay in 2 versions, by how sick the patient was. Compare them in New York:

New York hospitals: knee procedures without principal diagnosis of infection with complications

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

Hospital Stays Avg charge Avg payment Medicare paid
Hospital for Special SurgeryNew York 30 $94,001 $24,037 $19,240
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Knee procedures without principal diagnosis of infection with complications in other states

Questions

How much does knee procedures without principal diagnosis of infection with complications cost in New York?

In 2024 Medicare data, a hospital stay for knee procedures without principal diagnosis of infection with complications (DRG 488) at 1 hospital in New York was billed at $94,001 on average, while the average total payment was $24,037, of which Medicare paid $19,240. 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 York, average charges were 3.9 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.