The average out-of-pocket fee for this procedure is around $680, with the highest average out-of-pocket amount being $3,900. The average specialist fee in Australia ranges from $4,000 to $8,800, depending on the state of residence. Some of the additional costs that could occur during the procedure may include: Costs of aftercare.. How much will my procedure cost? Knee replacement. The above costs for ‘Knee Replacement’ reflect the following Clinical/MBS codes 49518 and 49519. The Medicare Benefits Schedule (MBS) is a listing of medical services that Medibank pays benefits towards. Ask your doctor for the MBS item numbers that apply for your treatment.
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A knee replacement is an operation that is done in hospital. A knee replacement is also called a knee arthroplasty. A knee replacement can help: They can help when medicines and other treatments have not been helpful in managing pain. Knee replacements may be total (the whole joint is replaced) or partial (part of your joint is replaced).. During the procedure. Knee replacement surgery usually takes 1 to 2 hours. To perform the procedure, the surgeon: Makes an incision over the knee. Removes diseased and damaged bone and cartilage, leaving healthy bone intact. Implants the replacement parts into the thighbone, shinbone and kneecap.