Venice Regional Medical Center's 2011 costs for Neck, Back, Arms & Legs - Joint Replacement/Reattachment (e.g., hip, knee) (Major Joint Replacement Or Reattachment Of Lower Extremity Without Major Complications)

Diagnosis code: 470

540 The Rialto
Venice, FL 34285

Region: : FL - Sarasota




Diagnosis (DRG) Description Neck, Back, Arms & Legs - Joint Replacement/Reattachment (e.g., hip, knee) (Major Joint Replacement Or Reattachment Of Lower Extremity Without Major Complications)
Total 2011 Cases 551
Average amount Venice Regional Medical Center charged for this procedure in 2011 over total discharges $75,579.00
Average amount Medicare paid Venice Regional Medical Center for Neck, Back, Arms & Legs - Joint Replacement/Reattachment (e.g., hip, knee) (Major Joint Replacement Or Reattachment Of Lower Extremity Without Major Complications) $10,446.00
Difference between what Venice Regional Medical Center charged and Medicare reimbursed the hospital for the procedure $65,133.00
Hospital's Markup: 723%
Average amount nationally charged for Neck, Back, Arms & Legs - Joint Replacement/Reattachment (e.g., hip, knee) (Major Joint Replacement Or Reattachment Of Lower Extremity Without Major Complications) in 2011 over all cases $52,062.90
Medicare's National Average Total Reimbursement $14,566.90
Hospital's charge compared to the national average 45% higher
Hospital's Rank for this diagnosis 2351 out of 2750 reported procedures
Percent of hospitals that are more expensive 15%