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Mercyone Waterloo Medical Center: what a joint replacement costs

Waterloo, IA 50702 · CMS Certification Number 160067. 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
$8,093
The Surgery Center at United Medical Park, 3.4 mi
Outpatient here
—
Under 11 cases
Inpatient here
$14,121
Avg total payment (incl. patient share), 55 Medicare stays, MS-DRG 470

Medicare prices at Mercyone Waterloo Medical Center

OperationInpatient avg total payment
Medicare + patient share
List priceList ÷ totalOutpatient Medicare allowed
Hip or knee replacement$14,121$78,5945.6×—
Shoulder replacement————

Commercial negotiated rates (beta)

MS-DRG 470Median across insurers× Medicare total paymentLowest–highest insurerInsurers
Hip or knee replacement$21,3501.5×$19,838–$22,8632
InsurerMedian negotiated, MS-DRG 470× Medicare total paymentPlans
UnitedHealthcare$22,8631.6×1
Oscar$19,8381.4×1

From the hospital's price-transparency file (2026-03-31); commercial plans, dollar-amount contracts only.

From the hospital's price-transparency file (2026-03-31); commercial plans, dollar-amount contracts only.

Quality

Complications after hip or knee replacement: 4% (no different from the national rate). Readmissions: 5%. Overall Care Compare rating: 4 of 5 stars. Nonprofit · Acute · 423 beds

Iowa requires a certificate of need for new surgery centers.

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Questions

How much does Medicare pay Mercyone Waterloo Medical Center for a knee or hip replacement?

In 2024 the average total payment to Mercyone Waterloo Medical Center for an inpatient hip or knee replacement stay was $14,121 (MS-DRG 470, 55 Medicare stays; Medicare's payment plus the patient's deductible and coinsurance).

What is Mercyone Waterloo Medical Center's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $78,594, 5.6× 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 Mercyone Waterloo Medical Center?

Yes for Medicare facility payments. The Surgery Center at United Medical Park, an orthopedic surgery center 3.4 mi away, is paid about $8,093 by Medicare for a knee replacement (CPT 27447), $6,028 less than an inpatient stay at Mercyone Waterloo Medical Center. Not every patient is a surgery-center candidate.

How does Mercyone Waterloo Medical Center compare with other Iowa hospitals?

Mercyone Waterloo Medical Center's average total payment per Medicare stay is higher than 80% of the 15 Iowa hospitals that report inpatient hip or knee replacement.

What do commercial insurers pay Mercyone Waterloo 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 $21,350 across 2 insurers, ranging from $19,838 to $22,863.