CMS Price Transparency Data

Hip or knee replacement (inpatient stay)

Facility: Licking Memorial Hospital

Billing Code: 470 (MS-DRG)

Factual Cost Summary (Answer Capsule)
  • CPT Billing Code: 470
  • Insurance Median: $14,527
  • Cash Discount Price: $66,542
  • vs. Medicare Baseline: 1.03x Medicare
The contracted insurance negotiated median rate for a Hip or knee replacement (inpatient stay) at Licking Memorial Hospital is $14,527. If you are paying out-of-pocket or uninsured, the self-pay cash discount rate is $66,542. Compared to the federal Medicare reimbursement reference rate of $14,044.15, this hospital’s rate is 1.03x the Medicare baseline. Located in 1320 West Main Street, Newark, OH.
Cash / Self-Pay
$66,542

Average discount available for prompt cash payment at this facility.

Insurance Median
$14,527

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%)
Cash / Self-Pay: $66,542 (474%)
Insurance Median: $14,527 (103%)
Cash: $66,542 (474% of Medicare)
Ins. Median: $14,527 (103% 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
Tricare $13,644 97%
Aetna $14,527 103%
Blue Cross Blue Shield $14,527 103%
Champva [500001] $14,527 103%
Cigna $14,527 103%
Humana $14,527 103%
Medicare (plans) $14,527 103%
UnitedHealthcare $14,527 103%
Veterans Administration [100068] $14,527 103%
Wellcare By Allwell [450104] $14,527 103%

Self-Pay Upfront Cash Action Plan

Insurance In-Network Protection Plan

Facility Profile & Credentials

  • Address: 1320 West Main Street, Newark, OH 43055
  • CMS Rating: ★★☆☆☆
  • Ownership Type: Voluntary non-profit - Private
  • Hospital Type: Acute Care Hospitals