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Methodist Hospitals of Memphis: what a joint replacement costs

Memphis, TN 38104 · CMS Certification Number 440049. 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
$8,234
Campbell Clinic Surgery Center Midtown, same ZIP
Outpatient here
$11,029
303 Medicare cases, APC 5115
Inpatient here
$16,195
64 Medicare stays, MS-DRG 470

Medicare prices at Methodist Hospitals of Memphis

OperationInpatient paidList priceList ÷ paidOutpatient allowed
Hip or knee replacement$16,195$76,9914.8×$11,029
Shoulder replacement———$15,658
Hip replacement after a fracture (DRG 522)$17,718$82,7044.7×—

Quality

Complications after hip or knee replacement: 4.3% (no different from the national rate). Readmissions: 5.2%. Overall Care Compare rating: 3 of 5 stars. Nonprofit · Acute · 1593 beds

Tennessee requires a certificate of need for new surgery centers.

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Questions

How much does Medicare pay Methodist Hospitals of Memphis for a knee or hip replacement?

In 2024 Medicare paid Methodist Hospitals of Memphis an average of $16,195 per inpatient hip or knee replacement stay (MS-DRG 470, 64 stays) and $11,029 per outpatient case (APC 5115, 303 cases).

What is Methodist Hospitals of Memphis's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $76,991, 4.8× 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 Methodist Hospitals of Memphis?

Yes for Medicare facility payments. Campbell Clinic Surgery Center Midtown, an orthopedic surgery center same ZIP away, is paid about $8,234 by Medicare for a knee replacement (CPT 27447), $7,961 less than an inpatient stay at Methodist Hospitals of Memphis. Not every patient is a surgery-center candidate.

How does Methodist Hospitals of Memphis compare with other Tennessee hospitals?

Medicare paid Methodist Hospitals of Memphis more than 90% of the 29 Tennessee hospitals that report inpatient hip or knee replacement.