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Surgical Institute, LLC: surgery-center prices

An orthopedic ambulatory surgery center in Neptune, NJ 07753. What Medicare pays here for knee, hip and shoulder replacement, and how that compares with the hospitals nearby.

Knee (CPT 27447)
$9,582
Medicare rate here
Hip (CPT 27130)
$9,782
Medicare rate here
Shoulder (CPT 23472)
$14,817
Medicare rate here

Nearest hospitals

HospitalDistanceInpatient paidOutpatient allowedList price
Jersey Shore University Medical Centersame ZIP$16,775$13,825$73,354
Monmouth Medical Center7.4 mi$20,447$13,479$67,374
Riverview Medical Center10.3 mi$15,188$13,878$64,042

4 operating rooms · Proprietary · certified since 2006 · ASC-17 hospital visits after orthopedic surgery: 2.4% (No Different Than the National Rate)

Open the interactive price tagAll New Jersey facilities

Questions

How much does Medicare pay Surgical Institute, LLC for a knee replacement?

About $9,582 for a total knee replacement (CPT 27447), $9,782 for a total hip (CPT 27130) and $14,817 for a total shoulder (CPT 23472): Medicare's CY2024 national surgery-center rates adjusted by the local wage index (1.1179).

How does that compare with the nearest hospital?

Jersey Shore University Medical Center (same ZIP) was paid an average of $16,775 per inpatient hip or knee replacement stay in 2024, $7,193 more than this surgery center's knee rate.

Does New Jersey require a certificate of need for surgery centers?

New Jersey has a certificate-of-need program that does not cover surgery centers.