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Wakemed: what a joint replacement costs

Cary, NC 27518 · CMS Certification Number 340173. 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
$8,762
Rex Surgery Center of Cary, LLC, 2.4 mi
Outpatient here
$11,631
Medicare allowed amount, 151 cases, APC 5115
Inpatient here
$13,457
Avg total payment (incl. patient share), 15 Medicare stays, MS-DRG 470

Medicare prices at Wakemed

OperationInpatient avg total payment
Medicare + patient share
List priceList ÷ totalOutpatient Medicare allowed
Hip or knee replacement$13,457$82,2026.1×$11,631
Shoulder replacement$19,612$115,2295.9×$16,334
Hip replacement after a fracture (DRG 522)$13,877$84,1266.1×—

Commercial negotiated rates (beta)

MS-DRG 470Median across insurers× Medicare total paymentLowest–highest insurerInsurers
Hip or knee replacement$29,1172.2×$24,838–$30,3803
InsurerMedian negotiated, MS-DRG 470× Medicare total paymentPlans
Cigna$30,3802.3×1
BCBS NC$29,1172.2×1
Aetna$24,8381.8×1
First Health (rental network)$20,9501.6×1

From the hospital's price-transparency file (2026-02-11); commercial plans, dollar-amount contracts only.

From the hospital's price-transparency file (2026-02-11); commercial plans, dollar-amount contracts only.

Quality

Complications after hip or knee replacement: 4.1% (no different from the national rate). Readmissions: 5.6%. Overall Care Compare rating: 5 of 5 stars. Nonprofit · Acute · 156 beds

North Carolina requires a certificate of need for new surgery centers.

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Questions

How much does Medicare pay Wakemed for a knee or hip replacement?

In 2024 the average total payment to Wakemed for an inpatient hip or knee replacement stay was $13,457 (MS-DRG 470, 15 Medicare stays; Medicare's payment plus the patient's deductible and coinsurance), and the Medicare allowed amount averaged $11,631 per outpatient case (APC 5115, 151 cases).

What is Wakemed's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $82,202, 6.1× 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 Wakemed?

Yes for Medicare facility payments. Rex Surgery Center of Cary, LLC, an orthopedic surgery center 2.4 mi away, is paid about $8,762 by Medicare for a knee replacement (CPT 27447), $4,695 less than an inpatient stay at Wakemed. Not every patient is a surgery-center candidate.

How does Wakemed compare with other North Carolina hospitals?

Wakemed's average total payment per Medicare stay is lower than 80% of the 41 North Carolina hospitals that report inpatient hip or knee replacement.

What do commercial insurers pay Wakemed 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 $29,117 across 3 insurers, ranging from $24,838 to $30,380.