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Lakewood Ranch Medical Center: what a joint replacement costs

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.

Surgery center nearby
$8,669
Advanced Surgery Center of Sarasota, 4.7 mi
Outpatient here
$11,906
66 Medicare cases, APC 5115
Inpatient here
$12,484
24 Medicare stays, MS-DRG 470

Medicare prices at Lakewood Ranch Medical Center

OperationInpatient paidList priceList ÷ paidOutpatient allowed
Hip or knee replacement$12,484$225,28418.0×$11,906
Shoulder replacement$16,544$297,23618.0×$16,845
Hip replacement after a fracture (DRG 522)$13,988$192,00013.7×—

Quality

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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Questions

How much does Medicare pay Lakewood Ranch Medical Center for a knee or hip replacement?

In 2024 Medicare paid Lakewood Ranch Medical Center an average of $12,484 per inpatient hip or knee replacement stay (MS-DRG 470, 24 stays) and $11,906 per outpatient case (APC 5115, 66 cases).

What is Lakewood Ranch Medical Center's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $225,284, 18.0× 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 Lakewood Ranch Medical Center?

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.

How does Lakewood Ranch Medical Center compare with other Florida hospitals?

Medicare paid Lakewood Ranch Medical Center less than 95% of the 88 Florida hospitals that report inpatient hip or knee replacement.