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Spencer Municipal Hospital: what a joint replacement costs

Spencer, IA 51301 · CMS Certification Number 160112. 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
—
No orthopedic surgery center within 25 miles
Outpatient here
$11,144
Medicare allowed amount, 189 cases, APC 5115
Inpatient here
$15,347
Avg total payment (incl. patient share), 53 Medicare stays, MS-DRG 470

Medicare prices at Spencer Municipal Hospital

OperationInpatient avg total payment
Medicare + patient share
List priceList ÷ totalOutpatient Medicare allowed
Hip or knee replacement$15,347$41,9342.7×$11,144
Shoulder replacement———$15,909
Hip replacement after a fracture (DRG 522)$17,203$40,9262.4×—

Commercial negotiated rates (beta)

MS-DRG 470Median across insurers× Medicare total paymentLowest–highest insurerInsurers
Hip or knee replacement$25,1371.6×—1
InsurerMedian negotiated, MS-DRG 470× Medicare total paymentPlans
Wellmark BCBS$25,1371.6×1

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

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

Quality

Complications after hip or knee replacement: 4.5% (no different from the national rate). Readmissions: 5.5%. Overall Care Compare rating: 4 of 5 stars. Government · Acute · 93 beds

Iowa requires a certificate of need for new surgery centers.

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Questions

How much does Medicare pay Spencer Municipal Hospital for a knee or hip replacement?

In 2024 the average total payment to Spencer Municipal Hospital for an inpatient hip or knee replacement stay was $15,347 (MS-DRG 470, 53 Medicare stays; Medicare's payment plus the patient's deductible and coinsurance), and the Medicare allowed amount averaged $11,144 per outpatient case (APC 5115, 189 cases).

What is Spencer Municipal Hospital's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $41,934, 2.7× the average total payment for a Medicare stay. Almost nobody pays the list price; it matters for uninsured bills and percent-of-charge contracts.

How does Spencer Municipal Hospital compare with other Iowa hospitals?

Spencer Municipal Hospital's average total payment per Medicare stay is higher than 93% of the 15 Iowa hospitals that report inpatient hip or knee replacement.

What do commercial insurers pay Spencer Municipal 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 $25,137 across 1 insurer.