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Sheridan Memorial Hospital: what a joint replacement costs

Sheridan, WY 82801 · CMS Certification Number 530006. 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
$8,832
Sheridan Surgical Center LLC, same ZIP
Outpatient here
$12,845
Medicare allowed amount, 121 cases, APC 5115
Inpatient here
$22,542
Avg total payment (incl. patient share), 19 Medicare stays, MS-DRG 470

Medicare prices at Sheridan Memorial Hospital

OperationInpatient avg total payment
Medicare + patient share
List priceList ÷ totalOutpatient Medicare allowed
Hip or knee replacement$22,542$50,3692.2×$12,845
Shoulder replacement———$18,308
Hip replacement after a fracture (DRG 522)$25,150$47,4941.9×—

Quality

Complications after hip or knee replacement: 3.8% (no different from the national rate). Readmissions: 5.6%. Overall Care Compare rating: 3 of 5 stars. Government · Acute · 88 beds

Wyoming has no certificate-of-need law.

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Questions

How much does Medicare pay Sheridan Memorial Hospital for a knee or hip replacement?

In 2024 the average total payment to Sheridan Memorial Hospital for an inpatient hip or knee replacement stay was $22,542 (MS-DRG 470, 19 Medicare stays; Medicare's payment plus the patient's deductible and coinsurance), and the Medicare allowed amount averaged $12,845 per outpatient case (APC 5115, 121 cases).

What is Sheridan Memorial Hospital's list price for a joint replacement?

The hospital's average list (chargemaster) price for an inpatient hip or knee replacement was $50,369, 2.2× 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 Sheridan Memorial Hospital?

Yes for Medicare facility payments. Sheridan Surgical Center LLC, an orthopedic surgery center same ZIP away, is paid about $8,832 by Medicare for a knee replacement (CPT 27447), $13,710 less than an inpatient stay at Sheridan Memorial Hospital. Not every patient is a surgery-center candidate.

How does Sheridan Memorial Hospital compare with other Wyoming hospitals?

Sheridan Memorial Hospital's average total payment per Medicare stay is higher than 60% of the 5 Wyoming hospitals that report inpatient hip or knee replacement.