CPT 24363 Surgery - Musculoskeletal

How Much Does Replace Elbow Joint Cost?

Also known as: Replace elbow joint (CPT 24363)

Total elbow replacement (arthroplasty) for severe elbow joint damage.

The total estimated cost of Replace Elbow Joint (CPT 24363) is $4,370 to $8,194, including hospital fees, anesthesia, and supplies. The surgeon's Medicare fee alone is $1,301.

Total Estimated Cost of Care

$4,370 — $8,194

This estimate includes hospital facility fees, anesthesia, and supplies .

Surgeon/Physician Fee
$1,301
Hospital Facility Fee
$3,902
Anesthesia (est.)
$260
Important: The physician fee of $1,301 shown in the cost cards below is what Medicare pays the surgeon/doctor only. The hospital charges a separate facility fee that typically makes up 70-85% of the total cost.
Medicare Physician Fee (Facility Setting)
$1,301
Physician component only — CMS PFS 2026

Patient Guide: Replace Elbow Joint

What you need to know before your appointment

What to Expect

Under anesthesia, the surgeon replaces the damaged elbow joint surfaces with metal and plastic components linked together.

How Long Does It Take?

2-3 hours

Common Reasons Doctors Order This

Severe elbow arthritis, complex elbow fracture in elderly patient, rheumatoid arthritis of the elbow

How to Prepare

Fast before surgery. Hospital stay is usually 1-2 days. Permanent lifting restriction of about 5-10 pounds is required to protect the replacement.

Procedures Commonly Done Together

These procedures are frequently performed alongside Replace elbow joint

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How to Reduce Your Cost for Replace elbow joint

Practical tips that can save you hundreds or thousands of dollars

  • 1
    Ask about cash-pay discounts

    Many hospitals and clinics offer 20-40% discounts for self-pay patients. Always ask before scheduling.

  • 2
    Compare facility vs. office setting costs

    Some procedures cost significantly less in an office setting than a hospital. Ask your provider about options.

  • 3
    Shop around — costs vary significantly

    Costs can vary 2-3x between providers in the same city. Get quotes from multiple facilities.

How is the Price Calculated?

Medicare calculates procedure payments using Relative Value Units (RVUs). Each procedure has three components multiplied by a conversion factor ($33.40 in 2026) and adjusted by geographic cost indices.

21.45
Work RVU
13.16
Practice Expense RVU
4.33
Malpractice RVU
38.94
Total RVU

Payment = Total RVU (38.94) x CF ($33.40) = $1,301

Frequently Asked Questions

How much does Replace elbow joint cost?

The Medicare facility rate for Replace elbow joint is $1,301. Commercial insurance rates typically range from 150% to 250% of Medicare (varies by plan).

How much does Replace elbow joint cost without insurance?

Without insurance, the cost of Replace elbow joint can range from 150% of Medicare to 500% of Medicare depending on the facility. Many hospitals and clinics offer self-pay discounts of 20-40% off their chargemaster price. Always ask about cash pricing before your visit.

Does insurance cover Replace elbow joint?

Most commercial health insurance plans and Medicare cover Replace elbow joint when ordered by a physician for a medically necessary reason. Your out-of-pocket cost depends on your plan's deductible, copay/coinsurance structure, and whether you use an in-network provider. Check with your insurance company before scheduling to confirm coverage and get a cost estimate.

Why does the cost vary so much by location?

Medicare adjusts payments using Geographic Practice Cost Indices (GPCIs) that reflect local differences in physician work costs, practice expenses, and malpractice insurance. Manhattan, San Francisco, and other high-cost areas pay significantly more than rural regions. Commercial insurers follow similar geographic patterns.

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