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Sarasota Memorial Hospital - Venice: what a joint replacement costs

North Venice, FL 34275 · CMS Certification Number 100359. 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
Sunset Lake Surgery Center, 6.3 mi
Outpatient here
$11,906
378 Medicare cases, APC 5115
Inpatient here
$12,536
47 Medicare stays, MS-DRG 470

Medicare prices at Sarasota Memorial Hospital - Venice

OperationInpatient paidList priceList ÷ paidOutpatient allowed
Hip or knee replacement$12,536$116,0449.3×$11,906
Shoulder replacement$17,053$129,1277.6×$16,845
Hip replacement after a fracture (DRG 522)$14,252$103,7897.3×—

Quality

Complications after hip or knee replacement: 4.1% (no different from the national rate). Readmissions: 5.9%. Overall Care Compare rating: 5 of 5 stars. Government · Acute · 212 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 - Venice for a knee or hip replacement?

In 2024 Medicare paid Sarasota Memorial Hospital - Venice an average of $12,536 per inpatient hip or knee replacement stay (MS-DRG 470, 47 stays) and $11,906 per outpatient case (APC 5115, 378 cases).

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

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $116,044, 9.3× 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 - Venice?

Yes for Medicare facility payments. Sunset Lake Surgery Center, an orthopedic surgery center 6.3 mi away, is paid about $8,669 by Medicare for a knee replacement (CPT 27447), $3,867 less than an inpatient stay at Sarasota Memorial Hospital - Venice. Not every patient is a surgery-center candidate.

How does Sarasota Memorial Hospital - Venice compare with other Florida hospitals?

Medicare paid Sarasota Memorial Hospital - Venice less than 93% of the 88 Florida hospitals that report inpatient hip or knee replacement.