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Fairbanks Memorial Hospital: what a joint replacement costs

Fairbanks, AK 99701 · CMS Certification Number 020012. What Medicare pays this hospital for knee, hip and shoulder replacement, what it lists, how it compares, and what a surgery center nearby is paid.

Surgery center nearby
$8,701
Chief Andrew Issac Health Center, same ZIP
Outpatient here
$14,366
Medicare allowed amount, 49 cases, APC 5115
Inpatient here
—
Under 11 stays

Medicare prices at Fairbanks Memorial Hospital

OperationInpatient avg total payment
Medicare + patient share
List priceList ÷ totalOutpatient Medicare allowed
Hip or knee replacement———$14,366
Shoulder replacement————
Hip replacement after a fracture (DRG 522)$33,631$75,2962.2×—

Commercial negotiated rates (beta)

MS-DRG 470Median across insurers× Medicare total paymentLowest–highest insurerInsurers
Hip or knee replacement$17,444—$17,444–$17,4442
InsurerMedian negotiated, MS-DRG 470× Medicare total paymentPlans
Banner Choice - All Plans$17,444—1
Premera Blue Cross$17,444—1

From the hospital's price-transparency file (2026-06-16); commercial plans, dollar-amount contracts only.

From the hospital's price-transparency file (2026-06-16); commercial plans, dollar-amount contracts only.

Quality

Overall Care Compare rating: 2 of 5 stars. Nonprofit · Acute · 162 beds

Alaska requires a certificate of need for new surgery centers.

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Questions

How much does Medicare pay Fairbanks Memorial Hospital for a knee or hip replacement?

The Medicare allowed amount averaged $14,366 per outpatient hip or knee replacement case (APC 5115, 49 cases) in 2024. Inpatient stays were too few to report.

Is a knee replacement cheaper at a surgery center near Fairbanks Memorial Hospital?

Yes for Medicare facility payments. Chief Andrew Issac Health Center, an orthopedic surgery center same ZIP away, is paid about $8,701 by Medicare for a knee replacement (CPT 27447). Not every patient is a surgery-center candidate.

What do commercial insurers pay Fairbanks Memorial Hospital for a hip or knee replacement?

From the hospital's own price-transparency file, commercial plans' negotiated rates for MS-DRG 470 have a median of $17,444 across 2 insurers, ranging from $17,444 to $17,444.