Bradenton, FL 34202 · CMS Certification Number 100299. 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.
| Operation | Inpatient avg total payment Medicare + patient share | List price | List ÷ total | Outpatient Medicare allowed |
|---|---|---|---|---|
| Hip or knee replacement | $12,484 | $225,284 | 18.0× | $11,906 |
| Shoulder replacement | $16,544 | $297,236 | 18.0× | $16,845 |
| Hip replacement after a fracture (DRG 522) | $13,988 | $192,000 | 13.7× | — |
Complications after hip or knee replacement: 4.4% (no different from the national rate). Readmissions: 6.5%. Overall Care Compare rating: 4 of 5 stars. For-profit · Acute · 120 beds
Florida has a certificate-of-need program that does not cover surgery centers.
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In 2024 the average total payment to Lakewood Ranch Medical Center for an inpatient hip or knee replacement stay was $12,484 (MS-DRG 470, 24 Medicare stays; Medicare's payment plus the patient's deductible and coinsurance), and the Medicare allowed amount averaged $11,906 per outpatient case (APC 5115, 66 cases).
The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $225,284, 18.0× the average total payment for a Medicare stay. Almost nobody pays the list price; it matters for uninsured bills and percent-of-charge contracts.
Yes for Medicare facility payments. Advanced Surgery Center of Sarasota, an orthopedic surgery center 4.7 mi away, is paid about $8,669 by Medicare for a knee replacement (CPT 27447), $3,815 less than an inpatient stay at Lakewood Ranch Medical Center. Not every patient is a surgery-center candidate.
Lakewood Ranch Medical Center's average total payment per Medicare stay is lower than 95% of the 88 Florida hospitals that report inpatient hip or knee replacement.