How Much Is A New Hip? Now You Can Compare Prices

Hospitals in Connecticut charge vastly different amounts of money for the same procedure – sometimes triple the price — according to data released Wednesday by federal Medicare officials. The cost discrepancies are detailed in a report by the federal Centers for Medicare & Medicaid Services, which for the first time is making data available to the public on prices for the 100 most common medical procedures. The report shows what hospitals charge to Medicare, as well as the lower amounts that they collect from the government. In Connecticut, prices for most procedures varied widely among hospitals.  For a cardiac pacemaker implant, for example, Yale-New Haven Hospital’s average bill was $85,902, while Manchester Memorial Hospital billed a low of $22,096. Stamford Hospital billed $25, 493 to treat simple pneumonia, while Charlotte Hungerford Hospital’s average bill was $8,177.

More about: , , , , , , ,