facebook tracking Revision of hip or knee replacement with complications cost in New Mexico: 2 hospitals compared (DRG 467)

Revision of hip or knee replacement with complications in New Mexico

What 2 hospitals in New Mexico charged and were paid for a Medicare hospital stay for revision of hip or knee replacement with complications (DRG 467), from 2024 Medicare claims.

DRG 467 Inpatient 2024 Medicare data
Average charge $157,433 Hospital list price billed
Average payment $25,408 Medicare + patient + other payers
Medicare paid $24,006 Average per stay
Volume 27 Medicare hospital stays

Hospitals in New Mexico billed an average of $157,433 for revision of hip or knee replacement with complications, about 6.2 times the average total payment of $25,408. That payment is 17% below the U.S. average of $30,673.

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 $25,408Billed $157,433

About 16¢ was paid for every $1 hospitals in New Mexico billed for this stay.

New Mexico hospitals: revision of hip or knee replacement with 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
Lovelace Medical CenterAlbuquerque 15 $210,482 $24,486 $23,046
Presbyterian HospitalAlbuquerque 12 $91,122 $26,559 $25,205
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Revision of hip or knee replacement with complications in other states

Questions

How much does revision of hip or knee replacement with complications cost in New Mexico?

In 2024 Medicare data, a hospital stay for revision of hip or knee replacement with complications (DRG 467) at 2 hospitals in New Mexico was billed at $157,433 on average, while the average total payment was $25,408, of which Medicare paid $24,006. 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 6.2 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.