CMS Price Transparency Data

Hip or knee replacement (inpatient stay)

Facility: Memorial Medical Center

Billing Code: 470 (MS-DRG)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 470
  • Insurance Median: $15,038
  • Cash Discount Price: Unavailable
  • vs. Medicare Baseline: 1.07x Medicare
The contracted insurance negotiated median rate for a Hip or knee replacement (inpatient stay) at Memorial Medical Center is $15,038. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is unavailable. Compared to the federal Medicare reimbursement reference rate of $14,044.15, this hospital’s rate is 1.07x the Medicare baseline. Located in 701 N First St, Springfield, IL.
Cash / Self-Pay
Unavailable

Average discount available for prompt cash payment at this facility.

Insurance Median
$15,038

Median negotiated contract rate across all mapped commercial carriers.

Medicare Reference Rate
$14,044.15

Standard federal government reimbursement rate for this code.

Visual Cost Comparison vs. Medicare

Medicare Reference Baseline: $14,044.15 (100%)
Insurance Median: $15,038 (107%)
Ins. Median: $15,038 (107% of Medicare)

Understanding this gauge: We use the federal Medicare rate of $14,044.15 as the cost baseline. Rates below the baseline represent excellent value. In-network commercial rates commonly hover around 150% - 250% of Medicare, while rates exceeding 300% are elevated. Hover over the green and blue markers to view detailed calculations.

Out-of-Pocket Cost Estimator

Estimate whether it is more economical to use your insurance or pay the upfront self-pay cash rate.

Input your details and click calculate to compare out-of-pocket costs.

Commercial Insurance Negotiated Rates

Negotiated contract ranges established by major commercial carriers at this facility.

Carrier / Plan Group Contract Rate Range vs. Medicare Reference
Aetna $2,681 - $37,671 19%
Health Alliance $2,800 - $14,917 20%
Veterans Administration $12,233 87%
Blue Cross Blue Shield $14,470 - $14,917 103%
Medicare (plans) $14,917 - $16,990 106%
UnitedHealthcare $14,917 - $41,722 106%
Healthlink $15,038 - $16,203 107%
Humana $15,663 112%
Tricare $16,990 121%
Commercial Workers Compensation $22,110 157%
Current Health Network Ppo $23,147 165%
Illinois Workers Compensation $23,274 166%
Cigna $25,134 179%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 701 N First St, Springfield, IL 62702
  • CMS Rating: ★★★☆☆
  • Ownership Type: Voluntary non-profit - Private
  • Hospital Type: Acute Care Hospitals