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The University of Chicago Medical Center: what a joint replacement costs

Chicago, IL 60637 · CMS Certification Number 140088. 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
$9,238
Hyde Park Surgical Center, LLC, 1.5 mi
Outpatient here
$12,467
Medicare allowed amount, 213 cases, APC 5115
Inpatient here
—
Under 11 stays

Medicare prices at The University of Chicago Medical Center

OperationInpatient avg total payment
Medicare + patient share
List priceList ÷ totalOutpatient Medicare allowed
Hip or knee replacement———$12,467
Shoulder replacement———$17,755
Hip replacement after a fracture (DRG 522)$26,340$142,3105.4×—

Commercial negotiated rates (beta)

MS-DRG 470Median across insurers× Medicare total paymentLowest–highest insurerInsurers
Hip or knee replacement$35,878—$25,076–$39,9405
InsurerMedian negotiated, MS-DRG 470× Medicare total paymentPlans
UnitedHealthcare$39,940—1
BCBS IL$37,887—1
Aetna$35,878—1
Cigna$27,993—1
Oscar$25,076—1

From the hospital's price-transparency file (2026-04-01); commercial plans, dollar-amount contracts only.

From the hospital's price-transparency file (2026-04-01); commercial plans, dollar-amount contracts only.

Quality

Overall Care Compare rating: 4 of 5 stars. Nonprofit · Acute · 782 beds

Illinois requires a certificate of need for new surgery centers.

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Questions

How much does Medicare pay The University of Chicago Medical Center for a knee or hip replacement?

The Medicare allowed amount averaged $12,467 per outpatient hip or knee replacement case (APC 5115, 213 cases) in 2024. Inpatient stays were too few to report.

Is a knee replacement cheaper at a surgery center near The University of Chicago Medical Center?

Yes for Medicare facility payments. Hyde Park Surgical Center, LLC, an orthopedic surgery center 1.5 mi away, is paid about $9,238 by Medicare for a knee replacement (CPT 27447). Not every patient is a surgery-center candidate.

What do commercial insurers pay The University of Chicago Medical Center for a hip or knee replacement?

From the hospital's own price-transparency file, commercial plans' negotiated rates for MS-DRG 470 have a median of $35,878 across 5 insurers, ranging from $25,076 to $39,940.