Psychoses in New Mexico
What 4 hospitals in New Mexico charged and were paid for a Medicare hospital stay for psychoses (DRG 885), from 2024 Medicare claims.
Average charge
$37,411
Hospital list price billed
Average payment
$10,438
Medicare + patient + other payers
Medicare paid
$9,114
Average per stay
State rank
#1 of 41
1 = lowest average payment
Hospitals in New Mexico billed an average of $37,411 for psychoses, about 3.6 times the average total payment of $10,438. That payment is 27% below 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 $10,438Billed $37,411
About 28¢ was paid for every $1 hospitals in New Mexico billed for this stay.
New Mexico hospitals: psychoses
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 |
|---|---|---|---|---|
| Eastern New Mexico Medical CenterRoswell | 80 | $31,306 | $9,641 | $8,296 |
| San Juan Regional Medical CenterFarmington | 26 | $16,215 | $12,874 | $11,776 |
| Memorial Medical Center INCLas Cruces | 25 | $28,653 | $10,569 | $9,059 |
| Lovelace Medical CenterAlbuquerque | 18 | $107,325 | $10,277 | $8,981 |
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
| Eastern New Mexico Medical CenterRoswell, NM | $9,641 |
|---|---|
| Lovelace Medical CenterAlbuquerque, NM | $10,277 |
| Memorial Medical Center INCLas Cruces, NM | $10,569 |
| San Juan Regional Medical CenterFarmington, NM | $12,874 |
Highest
| San Juan Regional Medical CenterFarmington, NM | $12,874 |
|---|---|
| Memorial Medical Center INCLas Cruces, NM | $10,569 |
| Lovelace Medical CenterAlbuquerque, NM | $10,277 |
| Eastern New Mexico Medical CenterRoswell, NM | $9,641 |
Psychoses in other states
Questions
How much does psychoses cost in New Mexico?
In 2024 Medicare data, a hospital stay for psychoses (DRG 885) at 4 hospitals in New Mexico was billed at $37,411 on average, while the average total payment was $10,438, of which Medicare paid $9,114. 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 3.6 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.