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New York-Presbyterian Hospital: what a joint replacement costs

New York, NY 10065 · CMS Certification Number 330101. 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
$10,735
New York Center for Ambulatory Surgery, same ZIP
Outpatient here
$14,903
596 Medicare cases, APC 5115
Inpatient here
$24,852
304 Medicare stays, MS-DRG 470

Medicare prices at New York-Presbyterian Hospital

OperationInpatient paidList priceList ÷ paidOutpatient allowed
Hip or knee replacement$24,852$98,5444.0×$14,903
Shoulder replacement$31,381$130,4014.2×$21,153
Hip replacement after a fracture (DRG 522)$28,345$146,7955.2×—

Commercial negotiated rates (beta)

PayerMedian negotiated, MS-DRG 470× MedicarePlans
Elevance/Anthem/Empire$148,7376.0×1
EmblemHealth$109,6154.4×1
Cigna$100,2344.0×1
UnitedHealthcare$91,7513.7×2
Aetna$85,2573.4×1
1199SEIU$44,0541.8×1

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: 5.5%. Overall Care Compare rating: 5 of 5 stars. Nonprofit · Acute · 2262 beds

New York requires a certificate of need for new surgery centers.

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Questions

How much does Medicare pay New York-Presbyterian Hospital for a knee or hip replacement?

In 2024 Medicare paid New York-Presbyterian Hospital an average of $24,852 per inpatient hip or knee replacement stay (MS-DRG 470, 304 stays) and $14,903 per outpatient case (APC 5115, 596 cases).

What is New York-Presbyterian Hospital's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $98,544, 4.0× 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 New York-Presbyterian Hospital?

Yes for Medicare facility payments. New York Center for Ambulatory Surgery, an orthopedic surgery center same ZIP away, is paid about $10,735 by Medicare for a knee replacement (CPT 27447), $14,117 less than an inpatient stay at New York-Presbyterian Hospital. Not every patient is a surgery-center candidate.

How does New York-Presbyterian Hospital compare with other New York hospitals?

Medicare paid New York-Presbyterian Hospital more than 86% of the 56 New York hospitals that report inpatient hip or knee replacement.

What do commercial insurers pay New York-Presbyterian Hospital for a hip or knee replacement?

From the hospital's own price-transparency file, commercial plans' median negotiated rates for MS-DRG 470 range from $44,054 (1199SEIU) to $148,737 (Elevance/Anthem/Empire).