CostGrade
A

88/100

#130 nationally

Spencer Municipal Hospital

1200 1St Avenue East, Spencer, IA 51301 · (712) 264-6198

Charges close to what care is actually paid for

For every $1 of care Medicare actually paid for here, Spencer Municipal Hospital billed $3.00 in list charges. That gap does not change a Medicare patient's bill — but it is where an uninsured or out-of-network bill starts.

Charge-to-payment
3.0x
volume-weighted across all its priced work
Procedures priced
39
inpatient and outpatient combined
Rank in IA
#2
lower markup ranks higher
CMS quality stars
4/5
shown for context, not in the grade

How this grade was reached

Each component is scored against every other U.S. hospital in the same federal files, so the grade is a position in the country, not a pass mark we invented.

Inpatient charge markup 31.4/35

Better than 90% of U.S. hospitals.

Outpatient charge markup 21.8/25

Better than 87% of U.S. hospitals.

Price level vs national median 27.0/30

Better than 90% of U.S. hospitals.

Price consistency 8.1/10

Better than 81% of U.S. hospitals.

What this hospital treats most

The ten procedures it billed Medicare for most often, with its charge beside the national middle.

Procedure Patients Charged Actually paid vs national
Level 1 Intraocular Procedures

APC 5491 · Hospital outpatient visit

514 $6,890 $1,984 -41%
Level 5 Musculoskeletal Procedures

APC 5115 · Hospital outpatient visit

189 $37,855 $11,144 -39%
Level 4 Urology and Related Services

APC 5374 · Hospital outpatient visit

189 $13,726 $2,982 -34%
Comprehensive Observation Services

APC 8011 · Hospital outpatient visit

137 $11,018 $2,341 -43%
Level 5 Urology and Related Services

APC 5375 · Hospital outpatient visit

120 $14,946 $4,397 -46%
Level 3 Urology and Related Services

APC 5373 · Hospital outpatient visit

73 $10,340 $1,742 -20%
Level 4 Musculoskeletal Procedures

APC 5114 · Hospital outpatient visit

71 $25,875 $5,982 -35%
Level 2 Urology and Related Services

APC 5372 · Hospital outpatient visit

68 $3,545 $584 +13%
Sepsis (severe)

MS-DRG 871 · Inpatient stay

64 $30,618 $16,068 -53%
Level 1 Nerve Procedures

APC 5431 · Hospital outpatient visit

64 $5,434 $1,652 -52%

Where its charges run furthest above the national middle

Only procedures it performed at least eleven times, so a single unusual case cannot produce the headline.

Procedure Charged Actually paid vs national
Level 2 Urology and Related Services

APC 5372 · Hospital outpatient visit

$3,545 $584 +13%
Level 3 Urology and Related Services

APC 5373 · Hospital outpatient visit

$10,340 $1,742 -20%
Level 5 Gynecologic Procedures

APC 5415 · Hospital outpatient visit

$21,558 $4,255 -28%
Level 4 Urology and Related Services

APC 5374 · Hospital outpatient visit

$13,726 $2,982 -34%
Level 2 Excision/ Biopsy/ Incision and Drainage

APC 5072 · Hospital outpatient visit

$6,693 $1,387 -34%
Level 2 Intraocular Procedures

APC 5492 · Hospital outpatient visit

$13,698 $3,478 -34%
Level 4 Musculoskeletal Procedures

APC 5114 · Hospital outpatient visit

$25,875 $5,982 -35%
Level 6 Musculoskeletal Procedures

APC 5116 · Hospital outpatient visit

$52,417 $15,909 -37%

Where it charges least relative to everyone else

Procedure Charged Actually paid vs national
Infection Needing Surgery (severe)

MS-DRG 853 · Inpatient stay

$39,471 $39,808 -78%
Major Small and Large Bowel Procedures with Complications

MS-DRG 330 · Inpatient stay

$32,675 $19,362 -67%
Sepsis (without major complications)

MS-DRG 872 · Inpatient stay

$14,697 $8,451 -63%
Pneumonia (severe)

MS-DRG 193 · Inpatient stay

$17,530 $10,757 -62%
Kidney Failure (severe)

MS-DRG 682 · Inpatient stay

$20,145 $12,110 -62%
Level 2 Laparoscopy and Related Services

APC 5362 · Hospital outpatient visit

$22,944 $8,802 -62%
Digestive Disorder (without major complications)

MS-DRG 392 · Inpatient stay

$12,690 $6,463 -61%
Kidney Failure (with complications)

MS-DRG 683 · Inpatient stay

$13,480 $7,369 -59%

What this page cannot tell you

  • It is not your bill. These are averages across Medicare patients. What you pay depends on your insurance, your plan's negotiated rate and your own case.
  • It is not a quality rating. A hospital with a high markup may be excellent, and one with a low markup may not be. We checked: across every U.S. hospital, markup and the CMS quality star rating barely move together.
  • A charge is not a cost. Hospitals do not collect their list charges from insured patients. The number matters because it is the opening figure on an uninsured or out-of-network bill.
  • Ask for the real number. Every U.S. hospital must publish a machine-readable price file and give you a written good-faith estimate on request.