Price AtlasInteractive atlas · All states · techysurgeon.comPenrose Hospital: what a joint replacement costs
Colorado Springs, CO 80907 · CMS Certification Number 060031. 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.
Medicare prices at Penrose Hospital
| Operation | Inpatient paid | List price | List ÷ paid | Outpatient allowed |
|---|---|---|---|---|
| Hip or knee replacement | $14,892 | $87,967 | 5.9× | $12,450 |
| Shoulder replacement | $20,466 | $112,928 | 5.5× | $17,285 |
| Hip replacement after a fracture (DRG 522) | $15,597 | $115,512 | 7.4× | — |
Quality
Complications after hip or knee replacement: 4.7% (no different from the national rate). Readmissions: 6%. Overall Care Compare rating: 3 of 5 stars. Nonprofit · Acute · 300 beds
Colorado has no certificate-of-need law.
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Questions
How much does Medicare pay Penrose Hospital for a knee or hip replacement?
In 2024 Medicare paid Penrose Hospital an average of $14,892 per inpatient hip or knee replacement stay (MS-DRG 470, 78 stays) and $12,450 per outpatient case (APC 5115, 544 cases).
What is Penrose Hospital's list price for a joint replacement?
The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $87,967, 5.9× what Medicare paid. Almost nobody pays the list price; it matters for uninsured bills and percent-of-charge contracts.
Is a knee replacement cheaper at a surgery center near Penrose Hospital?
Yes for Medicare facility payments. Surgical Center of the Rockies, an orthopedic surgery center 5.9 mi away, is paid about $8,835 by Medicare for a knee replacement (CPT 27447), $6,057 less than an inpatient stay at Penrose Hospital. Not every patient is a surgery-center candidate.
How does Penrose Hospital compare with other Colorado hospitals?
Medicare paid Penrose Hospital less than 65% of the 17 Colorado hospitals that report inpatient hip or knee replacement.