facebook tracking Psychoses cost in Alaska: 3 hospitals compared (DRG 885)

Psychoses in Alaska

What 3 hospitals in Alaska charged and were paid for a Medicare hospital stay for psychoses (DRG 885), from 2024 Medicare claims.

DRG 885 Inpatient 2024 Medicare data
Average charge $128,161 Hospital list price billed
Average payment $25,277 Medicare + patient + other payers
Medicare paid $23,703 Average per stay
State rank #41 of 41 1 = lowest average payment

Hospitals in Alaska billed an average of $128,161 for psychoses, about 5.1 times the average total payment of $25,277. That payment is 77% above the U.S. average of $14,304.

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 $25,277Billed $128,161

About 20¢ was paid for every $1 hospitals in Alaska billed for this stay.

Alaska hospitals: psychoses

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

Hospital Stays Avg charge Avg payment Medicare paid
Fairbanks Memorial HospitalFairbanks 102 $89,059 $27,349 $26,341
Mat-Su Regional Medical CenterPalmer 30 $229,703 $25,649 $22,799
Providence Alaska Medical CtrAnchorage 27 $163,053 $17,034 $14,744
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Lowest and highest payments in Alaska

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

Providence Alaska Medical CtrAnchorage, AK$17,034
Mat-Su Regional Medical CenterPalmer, AK$25,649
Fairbanks Memorial HospitalFairbanks, AK$27,349

Highest

Fairbanks Memorial HospitalFairbanks, AK$27,349
Mat-Su Regional Medical CenterPalmer, AK$25,649
Providence Alaska Medical CtrAnchorage, AK$17,034

Psychoses in other states

Questions

How much does psychoses cost in Alaska?

In 2024 Medicare data, a hospital stay for psychoses (DRG 885) at 3 hospitals in Alaska was billed at $128,161 on average, while the average total payment was $25,277, of which Medicare paid $23,703. 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 Alaska, average charges were 5.1 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.