27447

Replacement of knee joint, both sides of knee

Medicare pricing data for 20,971 providers across 52 states

🤖AI Overview

This procedure has a 5.7x markup — hospitals charge $7,874 but Medicare allows only $1,374. Uninsured patients may face bills 5.7 times higher than what insurance negotiates. Prices vary significantly by location — from $674 in South Dakota to $2,641 in Mississippi. Where you get this procedure matters more than almost any other factor. Note: These costs reflect the Medicare physician/supplier component. Hospital facility fees are billed separately and can be 2-5x the physician fee.

💡 What You Should Know

Replacement of knee joint, both sides of knee (HCPCS code 27447) is a medical procedure billed to Medicare. The average Medicare-allowed cost is $1,374, but hospitals typically charge $7,874 — a 5.7x markup. Prices vary significantly by state and provider.

🏷️ Typical Out-of-Pocket Cost

$274.81

Medicare patients typically pay about 20% of the allowed amount as coinsurance. Based on the average allowed cost of $1,374, your out-of-pocket cost would be approximately $274.81. Actual costs depend on your specific plan, deductible, and whether you've met your annual out-of-pocket maximum.

Average Allowed Cost
$1,374
Average Hospital Charge
$7,874
Markup Ratio
5.7x

What Hospitals Charge vs. What Medicare Pays

Hospital Charge$7,873.64
Medicare Allowed$1,374.03
Medicare Payment$1,092.80

Hospitals charge 5.7x more than what Medicare allows for this procedure. Medicare actually pays $1,093 on average.

Cost by State

Medicare-allowed amounts vary significantly by state

StateAllowed CostHospital ChargeProvidersServicesvs. National
Mississippi$2,641$12,5591346,953+92.2%
Hawaii$2,306$6,95033654+67.8%
Oregon$1,892$8,7582966,957+37.7%
Maryland$1,859$11,92542513,413+35.3%
Georgia$1,833$9,88758715,868+33.4%
Nevada$1,813$9,1281764,592+31.9%
Tennessee$1,794$8,31344313,859+30.6%
Michigan$1,775$9,05169613,725+29.2%
Alaska$1,634$13,406771,744+18.9%
New Hampshire$1,622$12,5671474,220+18.0%
Minnesota$1,603$8,2385289,337+16.7%
Arizona$1,586$8,59245113,934+15.4%
Puerto Rico$1,574$2,34640200+14.6%
Ohio$1,559$8,27686223,561+13.4%
Connecticut$1,544$8,6133475,677+12.4%
New Mexico$1,541$5,3921072,886+12.2%
Florida$1,524$9,3811,37340,415+10.9%
Washington$1,470$5,57954413,325+6.9%
Rhode Island$1,449$6,675791,834+5.5%
Missouri$1,437$8,51240611,536+4.6%
Virginia$1,436$6,78545818,066+4.5%
California$1,424$6,6901,57839,073+3.6%
Indiana$1,415$10,21151816,092+3.0%
South Carolina$1,351$7,31332013,070-1.6%
North Dakota$1,337$6,172822,612-2.7%
Montana$1,334$5,0691394,439-2.9%
Utah$1,329$5,6032586,513-3.3%
New York$1,324$11,3111,10121,518-3.6%
Kentucky$1,324$7,1742647,053-3.7%
Wyoming$1,320$8,479801,754-3.9%
New Jersey$1,306$13,55853714,433-5.0%
Colorado$1,300$6,63144511,770-5.4%
West Virginia$1,297$5,6461322,767-5.6%
Illinois$1,239$9,69678924,214-9.8%
North Carolina$1,230$5,47970920,144-10.5%
Wisconsin$1,198$12,88854110,668-12.8%
District of Columbia$1,186$6,37230657-13.7%
Texas$1,154$6,4991,36034,363-16.0%
Pennsylvania$1,151$6,21495425,231-16.3%
Louisiana$1,096$5,5263107,208-20.2%
Iowa$1,096$5,1462389,199-20.3%
Massachusetts$1,003$6,58849913,376-27.0%
Delaware$1,002$6,007763,362-27.1%
Maine$940$3,2281052,274-31.6%
Arkansas$928$3,9461686,158-32.5%
Oklahoma$920$3,1992488,776-33.1%
Alabama$899$5,1733927,804-34.6%
Idaho$825$4,4641644,326-40.0%
Kansas$801$4,17826410,715-41.7%
Nebraska$767$5,1162076,990-44.2%
Vermont$724$4,259531,083-47.3%
South Dakota$674$3,4101264,352-51.0%

⚠️ Important: These costs reflect the Medicare physician/supplier component. Hospital facility fees may be billed separately. Total out-of-pocket costs may be higher.

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