Prices at 4 hospitals in Memphis, TN, from their machine-readable files. Here the median cash price is $1,528 — 34% below the US median ($2,307), roughly 4.9× the Medicare rate.
Lowest cash prices
| Hospital | Location | Cash | Insurer | CMS rating | ER wait | Readmit |
|---|---|---|---|---|---|---|
| Regional One Health | Memphis, TN | $1,361 | $668 | ★ 1/5 | 294 min | — |
| Baptist Memorial Hospital | Memphis, TN | $1,528 | $1,092 | ★ 3/5 | 182 min | — |
| Methodist Hospitals of Memphis | Memphis, TN | $1,552 | $723 | ★ 3/5 | 228 min | — |
CMS rating = overall hospital star rating (1–5); ER wait = median minutes in the emergency department; Readmit = 30-day readmission rate (lower is better) — all from Medicare’s Care Compare; “—” = not reported. Data last updated October 2026. Prices from hospitals’ machine-readable files (45 CFR §180); Medicare benchmark from CMS PFS/CLFS/IPPS. Prices below 15% of the median are excluded as likely partial or mis-coded charges. Estimates — confirm with the hospital. Report an incorrect price.
Price comparison (median)
Typical cash price here is $1,528 — about 4.9× the Medicare rate ($315). High vs Medicare. A fair cash price is usually within ~2× Medicare ($630).
💡 Asking for the cash price instead of the $5,491 list price could save about $3,963 (72%).
Rough estimate from this procedure’s median insurer-negotiated rate. Your actual cost depends on your plan — confirm with your insurer.
All MRI of the knee with contrast prices in Tennessee → · All MRI of the knee with contrast prices (national) · All hospitals in Memphis