Hospital bills tend to generate a knee-jerk reaction: why so expensive?
Few hospitals in the U.S. have a clear answer. Now, one hospital has now done some self-criticism and examined its knee-replacement surgery in granular detail, discovering that despite charging more than $50,000, the surgery really only cost between $7,300 and $10,550, the Wall Street Journal reports.
The finding is in line with a 2015 Blue Cross Blue Shield Association report that found surgeries available for anywhere from $16,772 to $61,585 in just one city and with a 2011 Medicare reimbursement rate of $11,000.
