Skip to main content
States Procedures Methodology Search
Metro Price Directory

Indianapolis Carmel Greenwood Area Hospital Prices

Cash and insurance-negotiated prices at hospitals in and around Indianapolis Carmel Greenwood, IN. Part of all Indiana hospital prices.

Pillar 1 · The BaseRate™ CompositeHow 1.00× Fair BaseRate Works: Raw price averages unfairly penalize hospitals in high-wage cities or trauma centers treating sicker patients. We adjust for local CMS hospital wage levels and patient complexity first. A 1.00× score means right at the fair price average, 0.85× means 15% cheaper than fair market, and 1.30× means 30% above fair market.Good Deal · Below Fair Market
0.49×vs. Fair Market Price
Position vs. 1.00× Fair Price51% Below Fair Price 1.00× (center of the bar) is the U.S. fair price average after accounting for local hospital wages and patient complexity. Left of center (<1.00×) is below fair price; right of center (>1.00×) is above fair price.

Typical commercial prices here are 51% below the fair benchmark (0.49×) after accounting for local nurse/doctor wages and patient complexity.

Pillar 2 · VeriRate™ Data TrustHow VeriRate™ (0–100) Works: Hospitals are legally required to publish machine-readable price files, but some bury fake $0.01 numbers or omit cash discounts. VeriRate audits each file across 5 checks (hover any badge below to see what it tests).86/100 · Verified
86/100Hover Any Check Below to See How Prices Were Audited
File Completeness90Provenance (File Completeness): Checks whether the hospital published a complete, up-to-date machine-readable price file with valid CPT and MS-DRG billing codes instead of leaving blanks.
Price Logic88Coherence (Price Logic): Checks whether the hospital’s numbers make basic sense — e.g., self-pay cash price is lower than gross list price, with no fake $0.01 or $999,999 placeholder numbers.
Peer Alignment86Concordance (Peer Alignment): Checks whether reported prices sit in a realistic range compared to Medicare and nearby hospitals rather than wild 100× unit errors.
Clean Billing83Regularity (Clean Billing): Checks whether rates are structured consistently across procedures without erratic statistical spikes or hidden unbundled facility fees.
Real Cash Discount84Cash Honesty (Real Cash Discount): Checks whether the hospital offers a genuine self-pay cash discount that beats or matches commercial insurance rates instead of billing full sticker price.
Pillar 3 · Indiana Market & Best ValueSummarizes statewide hospital price coverage across Indiana, the average commercial markup over federal Medicare rates, and the #1 best-value hospital in the state.20 Hospitals · 126 Procedures
Hospitals Priced20 in INTotal hospitals in Indiana with verified machine-readable price disclosures indexed in the Crystal.
Avg vs. Medicare1.4× MedicareAverage commercial insurance negotiated rate across Indiana hospitals compared to what federal Medicare pays for the same procedure.
Best Value in IN0.49× FairLowest confounder-adjusted hospital in Indiana: St Vincent Heart Center (Carmel) at 0.49× fair market price.

Most affordable Indiana hospital: St Vincent Heart Center (Carmel) at 0.49× the fair price (51% below benchmark).

Behavioral Pricing FingerprintLow Shoppable & Low Captive Rates

Uniform Value Leader · Low-Cost Across Departments

This hospital maintains low, disciplined commercial pricing across both routine shoppable procedures (0.6× Medicare, p50 0.54× Fair BaseRate) and emergency/ancillary services (0.8× Medicare, p75 0.73× Fair BaseRate). Both insured and self-pay patients benefit from below-benchmark rates across departments.

#4 of 107 in IN · 2nd State Percentile#45 of 3,385 in U.S. · 1st National Percentile
Advantage

Where They're Good (Patient & Payer Edge)

  • Elective shoppable care is priced 51% below peer Fair BaseRate (0.49×)
  • Self-pay cash beats commercial insurance on 4% of shoppable procedures (99/100 Cash Honesty)
  • 5-Star CMS clinical rating with 85% patient recommendation (73/100 safety score)
  • Binding Good Faith Estimate rights under 45 CFR § 149.610 protect self-pay patients before scheduling
Watchout

Where You Can Get Burned (Markup Traps)

  • Outpatient surgery & OR suites carry a 3.4× markup over Medicare rates
  • Captive ER (2.3×) & laboratory (1.7×) services average 1.33× higher multiples than routine shoppable care (0.6×)
  • Upper-quartile procedures (Q75 0.73×) jump +35% above the median procedure ratio (Q50 0.54×)
  • Unnegotiated chargemaster list prices average 14.4× Medicare (14¢ true HCRIS cost per $1 gross)
Front-Door ShoppableElective / Imaging
0.6× Medicare

Pre-scheduled outpatient procedures where patients can comparison-shop.

Back-Door Captive & ER1.33× Divergence
0.8× Medicare

Emergency, inpatient DRG, lab, and specialty drug lines billed after admission.

Quantile Tail Spread+35% Upper Tail
Q25 0.31× · Q50 0.54× · Q75 0.73×

Detects median-gaming when upper-quartile codes spike above the p50 median.

Select any lens to inspect department markups, federal cost accounting, or insurer discounts.
Department & Integrity Multiples (vs. CMS Medicare Cost Anchor) Green ≤1.3× · Teal 1.3–1.8× · Amber 1.8–2.5× · Rose >2.5×
Front-Door Shoppable CareFront-Door Shoppable
0.6× MedicareGood
Outpatient Surgery & ORBack-Door Captive
3.4× MedicareElevated
Diagnostic Imaging (CT/MRI)Front-Door Shoppable
2.7× MedicareFair
Back-Door Captive ER VisitsBack-Door Captive
2.3× MedicareFair
Inpatient Lab & PathologyBack-Door Captive
1.7× MedicareGood
Specialty & Infusion Drugs (J-Codes)Back-Door Captive
0.6× MedicareGood
Self-Pay Cash Honesty & 501(r)Integrity & Outcomes
4% Cash Edge · 99/100Good
CMS Clinical Safety & Star ValueIntegrity & Outcomes
5 CMS · 73/100Fair

Hospitals in the Indianapolis Carmel Greenwood area

Ranked by how their prices compare to the fair BaseRate — best value first. The × fair figure is geo-adjusted. Tap any hospital for its full price list.

Compare prices by procedure in Indianapolis Carmel Greenwood

Local prices across Indianapolis Carmel Greenwood-area hospitals for 126 procedures.

Care-Setting Arbitrage, Bilateral SVD Insurer Leverage & Regional Alternatives

How to Pay Less Nearby: Freestanding Centers, Insurer Leverage & Outpatient Savings

Inpatient MS-DRG vs. Outpatient CPT Care-Setting Savings

Posterior Lumbar Interbody Spinal FusionDRG 460 vs CPT 22612
Inpatient: $22,711Outpatient: $4,316 Save $18,395 outpatient

Clinical Scope Note:Inpatient MS-DRG reflects a multi-day hospital admission (room, nursing, higher clinical acuity); outpatient CPT reflects the outpatient facility fee for clinically eligible low-acuity patients and excludes separate surgeon and anesthesia professional fees.

Laparoscopic Total HysterectomyDRG 743 vs CPT 58571
Inpatient: $19,136Outpatient: $4,316 Save $14,820 outpatient

Clinical Scope Note:Inpatient MS-DRG reflects a multi-day hospital admission (room, nursing, higher clinical acuity); outpatient CPT reflects the outpatient facility fee for clinically eligible low-acuity patients and excludes separate surgeon and anesthesia professional fees.

Upper GI Endoscopy (EGD) with BiopsyDRG 392 vs CPT 43239
Inpatient: $13,932Outpatient: $2,838 Save $11,093 outpatient

Clinical Scope Note:Inpatient MS-DRG reflects a multi-day hospital admission (room, nursing, higher clinical acuity); outpatient CPT reflects the outpatient facility fee for clinically eligible low-acuity patients and excludes separate surgeon and anesthesia professional fees.

Laparoscopic Gallbladder RemovalDRG 419 vs CPT 47562
Inpatient: $21,146Outpatient: $12,192 Save $8,954 outpatient

Clinical Scope Note:Inpatient MS-DRG reflects a multi-day hospital admission (room, nursing, higher clinical acuity); outpatient CPT reflects the outpatient facility fee for clinically eligible low-acuity patients and excludes separate surgeon and anesthesia professional fees.

Uncomplicated Vaginal DeliveryDRG 807 vs CPT 59400
Inpatient: $8,550Outpatient: $1,783 Save $6,767 outpatient

Clinical Scope Note:Inpatient MS-DRG reflects a multi-day hospital admission (room, nursing, higher clinical acuity); outpatient CPT reflects the outpatient facility fee for clinically eligible low-acuity patients and excludes separate surgeon and anesthesia professional fees.

Prices are sourced from each hospital's federally-required public price file, most recently published October 2026. The BaseRate is a modeled fair-price estimate — not a bill or quote. How we build these numbers →