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Why do the prices of knee replacements vary?

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Quick Answer

The prices of knee replacements vary because of different factors such as type of implant and treatment procedure; the amount of time spent in the hospital; pre-existing health issues; the amount of time spent in the surgical room; and unanticipated care, according to Healthline. As of 2015, the average hospital cost for a total knee replacement is $49,500. The charge for a partial knee replacement is around 10 to 20 percent less than a total knee replacement.

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Full Answer

The cost of knee replacement includes multiple bills such as hospital bills, surgeon bills and other procedures conducted by the operating staff, states Healthline. The presurgical evaluation stage includes imaging, lab work and a consultation visit. The lab work may consist of cultures, panel tests and blood work. All of these services add up to the overall cost. The number of services per patient may also vary.

Services provided by the surgeon and other health care providers include injections, anesthesia, care coordination, physical therapy, surgical assistance and pathology services, explains Healthline. This may add another $7,500 to the bill, resulting in a total average cost of $57,000 for total knee replacement depending on the insurance plan of the patient. Pre-existing conditions, such as anemia, and unexpected complications also affect the cost. Patients may also need postsurgical care, such as outpatient physical therapy and physical therapy treatments and tools, that increases the charge.

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