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Sarasota Memorial Hospital: what a joint replacement costs

Sarasota, FL 34239 · CMS Certification Number 100087. 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
$8,669
Laser & Surgical Services at Center for Sight, LLC, same ZIP
Outpatient here
$11,741
719 Medicare cases, APC 5115
Inpatient here
$14,230
253 Medicare stays, MS-DRG 470

Medicare prices at Sarasota Memorial Hospital

OperationInpatient paidList priceList ÷ paidOutpatient allowed
Hip or knee replacement$14,230$107,2587.5×$11,741
Shoulder replacement$19,452$181,7959.3×$16,845
Hip replacement after a fracture (DRG 522)$15,558$115,0947.4×—

Quality

Complications after hip or knee replacement: 2.9% (no different from the national rate). Readmissions: 6.1%. Overall Care Compare rating: 5 of 5 stars. Government · Acute · 897 beds

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

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Questions

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

In 2024 Medicare paid Sarasota Memorial Hospital an average of $14,230 per inpatient hip or knee replacement stay (MS-DRG 470, 253 stays) and $11,741 per outpatient case (APC 5115, 719 cases).

What is Sarasota Memorial Hospital's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $107,258, 7.5× 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 Sarasota Memorial Hospital?

Yes for Medicare facility payments. Laser & Surgical Services at Center for Sight, LLC, an orthopedic surgery center same ZIP away, is paid about $8,669 by Medicare for a knee replacement (CPT 27447), $5,561 less than an inpatient stay at Sarasota Memorial Hospital. Not every patient is a surgery-center candidate.

How does Sarasota Memorial Hospital compare with other Florida hospitals?

Medicare paid Sarasota Memorial Hospital less than 64% of the 88 Florida hospitals that report inpatient hip or knee replacement.