facebook tracking Wound debridement and skin graft except hand for musculoskeletal and connective tissue d cost in New Jersey: 4 hospitals compared (DRG 463)

Wound debridement and skin graft except hand for musculoskeletal and connective tissue d in New Jersey

What 4 hospitals in New Jersey charged and were paid for a Medicare hospital stay for wound debridement and skin graft except hand for musculoskeletal and connective tissue d (DRG 463), from 2024 Medicare claims.

DRG 463 Inpatient 2024 Medicare data
Average charge $337,832 Hospital list price billed
Average payment $63,728 Medicare + patient + other payers
Medicare paid $56,064 Average per stay
State rank #4 of 8 1 = lowest average payment

Hospitals in New Jersey billed an average of $337,832 for wound debridement and skin graft except hand for musculoskeletal and connective tissue d, about 5.3 times the average total payment of $63,728. That payment is 5% below the U.S. average of $66,992.

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 $63,728Billed $337,832

About 19¢ was paid for every $1 hospitals in New Jersey billed for this stay.

Medicare prices this stay in 3 versions, by how sick the patient was. Compare them in New Jersey:

New Jersey hospitals: wound debridement and skin graft except hand for musculoskeletal and connective tissue d

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

Hospital Stays Avg charge Avg payment Medicare paid
Morristown Memorial HospitalMorristown 13 $406,108 $70,832 $55,878
Cooper University HospitalCamden 12 $340,676 $70,328 $64,030
Inspira Medical Center Mullica HillElmer 12 $172,320 $48,069 $43,219
Jersey Shore University Medical CenterNeptune City 12 $426,534 $65,090 $61,143
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Lowest and highest payments in New Jersey

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

Highest

Wound debridement and skin graft except hand for musculoskeletal and connective tissue d in other states

Questions

How much does wound debridement and skin graft except hand for musculoskeletal and connective tissue d cost in New Jersey?

In 2024 Medicare data, a hospital stay for wound debridement and skin graft except hand for musculoskeletal and connective tissue d (DRG 463) at 4 hospitals in New Jersey was billed at $337,832 on average, while the average total payment was $63,728, of which Medicare paid $56,064. 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 Jersey, average charges were 5.3 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.