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Henry County Memorial Hospital: what a joint replacement costs

New Castle, IN 47362 · CMS Certification Number 150030. 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
$8,531
Central Indiana Orthopedic Surgery Center LLC, 21.6 mi
Outpatient here
$11,840
Medicare allowed amount, 322 cases, APC 5115
Inpatient here
$17,602
Avg total payment (incl. patient share), 36 Medicare stays, MS-DRG 470

Medicare prices at Henry County Memorial Hospital

OperationInpatient avg total payment
Medicare + patient share
List priceList ÷ totalOutpatient Medicare allowed
Hip or knee replacement$17,602$73,6844.2×$11,840
Shoulder replacement———$16,797

Commercial negotiated rates (beta)

MS-DRG 470Median across insurers× Medicare total paymentLowest–highest insurerInsurers
Hip or knee replacement$23,9931.4×—1
InsurerMedian negotiated, MS-DRG 470× Medicare total paymentPlans
Elevance/Anthem/Empire$23,9931.4×1

From the hospital's price-transparency file (2026-06-03); commercial plans, dollar-amount contracts only.

From the hospital's price-transparency file (2026-06-03); commercial plans, dollar-amount contracts only.

Quality

Complications after hip or knee replacement: 3.9% (no different from the national rate). Readmissions: 4.4%. Overall Care Compare rating: 4 of 5 stars. Government · Acute · 90 beds

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

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Questions

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

In 2024 the average total payment to Henry County Memorial Hospital for an inpatient hip or knee replacement stay was $17,602 (MS-DRG 470, 36 Medicare stays; Medicare's payment plus the patient's deductible and coinsurance), and the Medicare allowed amount averaged $11,840 per outpatient case (APC 5115, 322 cases).

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

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $73,684, 4.2× the average total payment for a Medicare stay. 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 Henry County Memorial Hospital?

Yes for Medicare facility payments. Central Indiana Orthopedic Surgery Center LLC, an orthopedic surgery center 21.6 mi away, is paid about $8,531 by Medicare for a knee replacement (CPT 27447), $9,071 less than an inpatient stay at Henry County Memorial Hospital. Not every patient is a surgery-center candidate.

How does Henry County Memorial Hospital compare with other Indiana hospitals?

Henry County Memorial Hospital's average total payment per Medicare stay is higher than 94% of the 34 Indiana hospitals that report inpatient hip or knee replacement.

What do commercial insurers pay Henry County Memorial Hospital 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 $23,993 across 1 insurer.