Hip Replacement Profits
May 2, 2011, by Ronald V. Miller, Jr.
Turns out, not only the medical device makers are making a fortune from hip implants. The Healthcare BlueBook reportshospitals are printing money in their basement from hip replacements. A total hip or knee replacement with a three-day inpatient stay costs $14,705. Assuming the benchmark of 10% operating profit, hospitals pull in $1,500 in profit for every knee or hip replacement.
