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.
| Operation | Inpatient paid | List price | List ÷ paid | Outpatient allowed |
|---|---|---|---|---|
| Hip or knee replacement | $16,195 | $76,991 | 4.8× | $11,029 |
| Shoulder replacement | — | — | — | $15,658 |
| Hip replacement after a fracture (DRG 522) | $17,718 | $82,704 | 4.7× | — |
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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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).
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.
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.
Medicare paid Methodist Hospitals of Memphis more than 90% of the 29 Tennessee hospitals that report inpatient hip or knee replacement.