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Procedure price report · Excision of semilunar cartilage of knee

Open knee surgery to repair torn cartilage

CPT 27403the billing code this page is about

The knee joint is opened surgically and a torn meniscus cartilage is stitched back together.

Hospitals typically charge $2,445 cash for this outpatient procedure — the median across 482 hospitals that filed a usable cash price; the average of the middle 60% is $3,534. Most fall between $1,207 and $8,376 (20th–80th percentile).

Hospitals
482
States
47
Filings dated
Mar 2023 – Sep 2026
Computed
September 25, 2026
Prices checked
through September 24, 2026

Median: half of hospitals filed less, half more — and it is a price some hospital actually filed. Average of the middle 60%: the mean of the prices between the 20th and 80th percentiles. We never publish the plain average, the lowest or the highest price: the extremes in hospital price files are chargemaster artefacts, not prices anyone pays.

What hospitals charge, from cheapest to most expensive

Cash price percentiles, outpatient, across 482 hospitals. Each figure is a price a hospital filed. 10th: one in ten hospitals charges less; 25th: a quarter charge less; Median: half charge less; 75th: three quarters charge less; 90th: nine in ten charge less.
10th25thMedian75th90th
$924$1,348$2,445$7,431$11,620

The most expensive tenth of hospitals charges at least 13× what the cheapest tenth charges ($924 vs $11,620).

How the prices are spread

$544 – $769: 16 hospitals$544$769 – $1,088: 41 hospitals$1,088 – $1,539: 61 hospitals$1,088$1,539 – $2,177: 76 hospitals$2,177 – $3,079: 42 hospitals$2,177$3,079 – $4,356: 40 hospitals$4,356 – $6,162: 29 hospitals$4,356$6,162 – $8,717: 78 hospitals$8,717 – $12,331: 38 hospitals$8,717$12,331 – $17,443: 15 hospitals$12,331median $2,445price bands are equal on a log scale
Hospitals per price band (436 of 482 — the bands cover the 5th to 95th percentile)
FromToHospitals
$544$76916
$769$1,08841
$1,088$1,53961
$1,539$2,17776
$2,177$3,07942
$3,079$4,35640
$4,356$6,16229
$6,162$8,71778
$8,717$12,33138
$12,331$17,44315

Against Medicare

Medicare pays (OPPS 2026, national rate)$7,413
Median cash price$2,445
Cash as a multiple of Medicare0.33×

The Medicare figure is the national unadjusted OPPS rate for this code — what Medicare itself pays a hospital before local wage adjustment. It is a benchmark, not a price anyone is charged.

By state

The median cash price in each state, against the national median of $2,445.

Alaska: 3 hospitals filed a usable price — fewer than 10, so no figureAKMaine: 2 hospitals filed a usable price — fewer than 10, so no figureMEVermont: median $1,270 across 10 hospitalsVT$1,270New Hampshire: 7 hospitals filed a usable price — fewer than 10, so no figureNHWashington: median $1,382 across 10 hospitalsWA$1,382Idaho: median $3,910 across 14 hospitalsID$3,910Montana: 4 hospitals filed a usable price — fewer than 10, so no figureMTNorth Dakota: 2 hospitals filed a usable price — fewer than 10, so no figureNDMinnesota: median $3,500 across 18 hospitalsMN$3,500Illinois: median $1,087 across 13 hospitalsIL$1,087Wisconsin: median $3,241 across 33 hospitalsWI$3,241Michigan: median $1,904 across 28 hospitalsMI$1,904New York: median $8,454 across 32 hospitalsNY$8,454Massachusetts: 2 hospitals filed a usable price — fewer than 10, so no figureMAOregon: median $1,907 across 16 hospitalsOR$1,907Nevada: 4 hospitals filed a usable price — fewer than 10, so no figureNVWyoming: 6 hospitals filed a usable price — fewer than 10, so no figureWYSouth Dakota: 1 hospital filed a usable price — fewer than 10, so no figureSDIowa: median $1,581 across 18 hospitalsIA$1,581Indiana: 7 hospitals filed a usable price — fewer than 10, so no figureINOhio: median $2,241 across 17 hospitalsOH$2,241Pennsylvania: median $6,116 across 23 hospitalsPA$6,116New Jersey: median $7,907 across 31 hospitalsNJ$7,907Connecticut: 4 hospitals filed a usable price — fewer than 10, so no figureCTRhode Island: no hospital in the corpus filed a usable priceRICalifornia: median $7,431 across 31 hospitalsCA$7,431Utah: no hospital in the corpus filed a usable priceUTColorado: 9 hospitals filed a usable price — fewer than 10, so no figureCONebraska: median $2,001 across 10 hospitalsNE$2,001Missouri: 5 hospitals filed a usable price — fewer than 10, so no figureMOKentucky: 5 hospitals filed a usable price — fewer than 10, so no figureKYWest Virginia: 6 hospitals filed a usable price — fewer than 10, so no figureWVVirginia: 4 hospitals filed a usable price — fewer than 10, so no figureVAMaryland: 1 hospital filed a usable price — fewer than 10, so no figureMDDelaware: no hospital in the corpus filed a usable priceDEArizona: 5 hospitals filed a usable price — fewer than 10, so no figureAZNew Mexico: 2 hospitals filed a usable price — fewer than 10, so no figureNMKansas: 6 hospitals filed a usable price — fewer than 10, so no figureKSArkansas: 6 hospitals filed a usable price — fewer than 10, so no figureARTennessee: 6 hospitals filed a usable price — fewer than 10, so no figureTNNorth Carolina: 1 hospital filed a usable price — fewer than 10, so no figureNCSouth Carolina: 5 hospitals filed a usable price — fewer than 10, so no figureSCOklahoma: median $1,356 across 13 hospitalsOK$1,356Louisiana: 4 hospitals filed a usable price — fewer than 10, so no figureLAMississippi: 2 hospitals filed a usable price — fewer than 10, so no figureMSAlabama: 9 hospitals filed a usable price — fewer than 10, so no figureALGeorgia: 8 hospitals filed a usable price — fewer than 10, so no figureGAHawaii: 5 hospitals filed a usable price — fewer than 10, so no figureHITexas: median $5,614 across 26 hospitalsTX$5,614Florida: 8 hospitals filed a usable price — fewer than 10, so no figureFL
Cash price by state, most expensive first. National median $2,445. A state needs at least 10 hospitals with a usable price to show a figure.
StateHospitalsMedianvs national20th–80th
New York NY32$8,454+246%$1,928 – $8,613
New Jersey NJ31$7,907+223%$5,110 – $9,762
California CA31$7,431+204%$1,634 – $7,431
Pennsylvania PA23$6,116+150%$423 – $12,077
Texas TX26$5,614+130%$5,103 – $6,814
Idaho ID14$3,910+60%$1,307 – $14,738
Minnesota MN18$3,500+43%$1,755 – $4,107
Wisconsin WI33$3,241+33%$2,445 – $7,391
Ohio OH17$2,241−8%$1,310 – $22,043
Nebraska NE10$2,001−18%$527 – $2,312
Oregon OR16$1,907−22%$1,207 – $2,148
Michigan MI28$1,904−22%$1,761 – $3,241
Iowa IA18$1,581−35%$1,581 – $1,811
Washington WA10$1,382−43%$1,207 – $3,814
Oklahoma OK13$1,356−45%$1,356 – $7,858
Vermont VT10$1,270−48%$997 – $1,659
Illinois IL13$1,087−56%$964 – $1,581
Alabama AL9not enough hospitals filed a usable price
Colorado CO9not enough hospitals filed a usable price
Florida FL8not enough hospitals filed a usable price
Georgia GA8not enough hospitals filed a usable price
Indiana IN7not enough hospitals filed a usable price
New Hampshire NH7not enough hospitals filed a usable price
Arkansas AR6not enough hospitals filed a usable price
Kansas KS6not enough hospitals filed a usable price
Tennessee TN6not enough hospitals filed a usable price
West Virginia WV6not enough hospitals filed a usable price
Wyoming WY6not enough hospitals filed a usable price
Arizona AZ5not enough hospitals filed a usable price
Hawaii HI5not enough hospitals filed a usable price
Kentucky KY5not enough hospitals filed a usable price
Missouri MO5not enough hospitals filed a usable price
South Carolina SC5not enough hospitals filed a usable price
Connecticut CT4not enough hospitals filed a usable price
Louisiana LA4not enough hospitals filed a usable price
Montana MT4not enough hospitals filed a usable price
Nevada NV4not enough hospitals filed a usable price
Virginia VA4not enough hospitals filed a usable price
Alaska AK3not enough hospitals filed a usable price
Massachusetts MA2not enough hospitals filed a usable price
Maine ME2not enough hospitals filed a usable price
Mississippi MS2not enough hospitals filed a usable price
North Dakota ND2not enough hospitals filed a usable price
New Mexico NM2not enough hospitals filed a usable price
Maryland MD1not enough hospitals filed a usable price
North Carolina NC1not enough hospitals filed a usable price
South Dakota SD1not enough hospitals filed a usable price

Hospitals like yours

The same distribution cut by the kind of hospital. Hospital type and ownership come from CMS; a hospital counts as part of a system when its price file is shared with at least one other hospital under the same brand. The national median is $2,445.

Cash price by hospital segment. A segment needs at least 20 hospitals to show a figure.
SegmentHospitalsMedian20th–80th
Hospital type
Acute care362$3,241$1,238 – $8,454
Children’s9fewer than 20 hospitals
Critical access111$1,907$1,066 – $4,107
Ownership
For-profit49$6,230$1,648 – $17,443
Government88$1,761$1,113 – $8,454
Non-profit345$2,445$1,207 – $7,807
System affiliation
Part of a system369$3,241$1,247 – $8,413
Independent113$1,914$1,145 – $6,980

Cash price vs list price

Median list price (chargemaster)$2,753
Median cash price$2,445
Cash as a share of list, median hospital65%

At the typical hospital, asking for the cash price cuts the list price by about 35%. The share is the median of each hospital’s own cash ÷ list ratio, over hospitals that filed both — not the ratio of the two medians above.

The same procedure, inpatient

237 hospitals filed a usable inpatient cash price for this code. The median is $1,854 and the average of the middle 60% is $3,070; most fall between $1,145 and $7,431.

Cash price percentiles, inpatient, across 237 hospitals. Each figure is a price a hospital filed. 10th: one in ten hospitals charges less; 25th: a quarter charge less; Median: half charge less; 75th: three quarters charge less; 90th: nine in ten charge less.
10th25thMedian75th90th
$835$1,230$1,854$5,614$9,791

The most expensive tenth of hospitals charges at least 12× what the cheapest tenth charges ($835 vs $9,791).

Of the 264 hospitals that filed this code inpatient, 237 gave a usable cash price; 15 carried a plausibility flag, 0 filed a number their own filing marks as not a price, 0 gave an estimate, and 12 a list price only.

How complete is this

482 of the 3,956 hospitals with a price file in our corpus (12%) filed a usable outpatient cash price for this code, and those are the hospitals every figure on this page is computed from.

What the 538 hospitals that filed this code at all gave us
Usable cash price — counted482
Cash price carrying a plausibility flag — shown on the compare tool, excluded here41
A number the filing itself marks as not a price (a placeholder, a ratio) — excluded2
An estimate rather than a filed cash price — excluded0
A list price only, no cash figure — excluded13
Hospitals that filed this code538

Sections not shown for this setting

  • Since our last snapshot: there is no earlier snapshot at least 90 days older than this one yet.

We last checked these hospitals’ price files for changes between September 4, 2026 and September 24, 2026; the figures were computed September 25, 2026 from filings loaded through September 24, 2026. The percentiles and averages use only the “counted” row.

Related procedures

Part of the Excision of semilunar cartilage of knee family.

Hospitals file this code under descriptions such as PR Arthrotomy,Open Repair Meniscus.

Method

Source
The machine-readable price files every U.S. hospital is required by CMS to publish, parsed per hospital. Nothing is surveyed, sampled or modelled.
What counts
One cash (self-pay) price per hospital for this code and setting. A hospital’s own filing can rule its number out — a placeholder, a “not applicable” note, a list price standing in for cash — and our plausibility checks can flag a price far below what every other hospital files. Both kinds are disclosed above and excluded from the statistics; on the compare tool a flagged price is still shown.
Statistics
Percentiles are discrete: each is a price some hospital filed. The average is the mean of the prices between the 20th and 80th percentiles. We never publish the plain mean, the minimum or the maximum. A state needs 10 hospitals and a segment 20 to show a figure; otherwise the row shows its count and no number. Medicare is the national unadjusted OPPS rate where one exists.
Names
Procedure names on these pages are our own plain-language titles, not the AMA’s copyrighted CPT descriptors. The code is the identity.

The full rules — sources, statistics, thresholds, limitations — are on the methodology page.

Download this page’s figures: JSON · CSV. Aggregates only — the per-hospital prices are on the compare tool.

Cite: HospitalRates.com, “Open knee surgery to repair torn cartilage (CPT 27403) — cash price report,” computed September 25, 2026. https://hospitalrates.com/procedures/cpt-27403-open-knee-surgery-to-repair-torn-cartilage