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Grand Strand Regional Medical Center

Grand Strand Regional Medical Center in Myrtle Beach, SC charges 11.3x the Medicare reimbursement rate across 167 analyzed procedures, with 36% showing significant price variations.

Myrtle Beach, SC 29572 · Acute Care Hospitals · CMS Rating: 2/5

By Kevin Nyk , Medical Billing Analyst · ·
Data from CMS files published FY 2024 CMS IPPS. Refreshed weekly.
About the analyst

Kevin Nyk analyzes hospital pricing data at BillRazor Research. He specializes in Medicare reimbursement patterns and chargemaster pricing across U.S. hospitals. Expertise: hospital pricing, Medicare rates, chargemaster analysis.

167 procedures analyzed
CMS price transparency data
Updated 2026-04-03
Median 7.9x4.5x18.1x
11.3x
Medicare markup ratio
SC lowestGrand Strand Regional ...SC highest
11.3x
Avg markup ratio
10.7x
Median markup
167
Procedures
37%
Outlier procedures
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Billing patterns — for-profit

For-profit hospitals in our dataset demonstrate distinct billing patterns, with 628 facilities showing an average markup of 7.8 times Medicare rates. These hospitals typically maintain higher charge structures across most service categories compared to non-profit and government facilities. Common patterns include substantial charges above benchmark rates for emergency services, surgical procedures, and diagnostic imaging. Patients should be aware that initial bills from for-profit hospitals often reflect chargemaster rates rather than negotiated insurance amounts. The billing structure frequently includes separate charges for facility fees, physician services, and ancillary services that may appear as multiple line items. Before receiving care, patients can request cost estimates and inquire about financial assistance programs, which are federally required at all hospital types. Understanding that insurance negotiations typically result in significantly lower actual payments than initial charges can help patients navigate the billing process more effectively when receiving care at for-profit facilities.

Pricing grade

F

Very high

Avg markup vs Medicare

11.3x

Charge / Medicare rate

Max markup

20.47x

Worst procedure

Procedures analyzed

167

With pricing data

Outlier procedures

36.5%

Above 90th percentile

Pricing grades reflect how this hospital's chargemaster (list) rates compare to Medicare reimbursement benchmarks within the same state. Grades measure pricing patterns only — not quality of care, patient outcomes, or clinical performance. A lower grade does not mean a hospital provides inferior care. Based on publicly available federal data. Not endorsed by or affiliated with any government agency.

ProcedureCodeGross chargeCash priceMedicareMarkup
KIDNEY AND URETER PROCEDURES FOR NON-NEOPLASM WITHOUT CC/MCC661$120,590$60,29520.5x
LOWER EXTREMITY AND HUMERUS PROCEDURES EXCEPT HIP, FOOT AND FEMUR WITHOUT CC/MCC494$250,646$125,32319.4x
LOWER EXTREMITY AND HUMERUS PROCEDURES EXCEPT HIP, FOOT AND FEMUR WITH CC493$294,462$147,23119.2x
MAJOR CHEST TRAUMA WITH MCC183$208,846$104,42319x
MAJOR SMALL AND LARGE BOWEL PROCEDURES WITHOUT CC/MCC331$185,669$92,83418.2x
CORONARY BYPASS WITHOUT CARDIAC CATHETERIZATION WITHOUT MCC236$449,575$224,78718.1x
MAJOR CHEST TRAUMA WITHOUT CC/MCC185$83,331$41,66618x
COAGULATION DISORDERS813$170,181$85,09117.7x
TRAUMATIC STUPOR AND COMA >1 HOUR WITH CC083$154,254$77,12717.5x
TRAUMATIC STUPOR AND COMA >1 HOUR WITHOUT CC/MCC084$97,475$48,73717.4x
POSTOPERATIVE OR POST-TRAUMATIC INFECTIONS WITH O.R. PROCEDURES WITH MCC856$514,987$257,49417x
CRANIOTOMY WITH MAJOR DEVICE IMPLANT OR ACUTE COMPLEX CNS PRINCIPAL DIAGNOSIS WITHOUT MC024$427,245$213,62317x
MAJOR CHEST PROCEDURES WITH CC164$274,877$137,43916.9x
SPINAL PROCEDURES WITH CC OR SPINAL NEUROSTIMULATORS029$382,548$191,27416.8x
HERNIA PROCEDURES EXCEPT INGUINAL AND FEMORAL WITH CC354$181,756$90,87816.5x
PERCUTANEOUS CARDIOVASCULAR PROCEDURES WITH DRUG-ELUTING STENT WITHOUT MCC247$206,452$103,22616.5x
TRAUMA TO THE SKIN, SUBCUTANEOUS TISSUE AND BREAST WITHOUT MCC605$96,868$48,43416.3x
TRAUMATIC STUPOR AND COMA <1 HOUR WITHOUT CC/MCC087$94,307$47,15316.3x
CARDIAC VALVE AND OTHER MAJOR CARDIOTHORACIC PROCEDURES WITHOUT CARDIAC CATHETERIZATION219$936,756$468,37816.2x
CORONARY BYPASS WITH CARDIAC CATHETERIZATION OR OPEN ABLATION WITHOUT MCC234$512,895$256,44816.2x
LAPAROSCOPIC CHOLECYSTECTOMY WITHOUT C.D.E. WITH MCC417$263,946$131,97316x
PERCUTANEOUS CARDIOVASCULAR PROCEDURES WITH INTRALUMINAL DEVICE WITHOUT MCC322$200,399$100,20015.7x
HIP AND FEMUR PROCEDURES EXCEPT MAJOR JOINT WITHOUT CC/MCC482$160,128$80,06415.6x
LAPAROSCOPIC CHOLECYSTECTOMY WITHOUT C.D.E. WITHOUT CC/MCC419$134,869$67,43415.4x
PERMANENT CARDIAC PACEMAKER IMPLANT WITHOUT CC/MCC244$197,835$98,91715.2x
MAJOR MALE PELVIC PROCEDURES WITHOUT CC/MCC708$136,424$68,21215.1x
TRAUMATIC STUPOR AND COMA <1 HOUR WITH CC086$121,805$60,90314.8x
EXTRACRANIAL PROCEDURES WITHOUT CC/MCC039$116,854$58,42714.7x
MAJOR CHEST TRAUMA WITH CC184$100,437$50,21814.7x
CARDIAC VALVE AND OTHER MAJOR CARDIOTHORACIC PROCEDURES WITHOUT CARDIAC CATHETERIZATION220$532,276$266,13814.6x
OTHER MUSCULOSKELETAL SYSTEM AND CONNECTIVE TISSUE O.R. PROCEDURES WITH CC516$190,068$95,03414.6x
PNEUMOTHORAX WITH MCC199$176,749$88,37514.5x
MAJOR CHEST PROCEDURES WITH MCC163$438,189$219,09414x
OTHER MUSCULOSKELETAL SYSTEM AND CONNECTIVE TISSUE O.R. PROCEDURES WITH MCC515$254,913$127,45713.8x
LAPAROSCOPIC CHOLECYSTECTOMY WITHOUT C.D.E. WITH CC418$146,526$73,26313.6x
HIP AND FEMUR PROCEDURES EXCEPT MAJOR JOINT WITH CC481$183,537$91,76913.6x
CARDIAC ARRHYTHMIA AND CONDUCTION DISORDERS WITHOUT CC/MCC310$41,867$20,93313.5x
KIDNEY AND URETER PROCEDURES FOR NON-NEOPLASM WITH CC660$134,018$67,00913.5x
MAJOR JOINT OR LIMB REATTACHMENT PROCEDURES OF UPPER EXTREMITIES483$226,790$113,39513.5x
CERVICAL SPINAL FUSION WITHOUT CC/MCC473$199,352$99,67613.5x
MAJOR HIP AND KNEE JOINT REPLACEMENT OR REATTACHMENT OF LOWER EXTREMITY WITHOUT MCC470$176,523$88,26113.4x
TRAUMATIC STUPOR AND COMA >1 HOUR WITH MCC082$204,945$102,47313.3x
PNEUMOTHORAX WITH CC200$89,713$44,85613.3x
MAJOR SMALL AND LARGE BOWEL PROCEDURES WITH CC330$225,999$113,00013.2x
OTHER SKIN, SUBCUTANEOUS TISSUE AND BREAST PROCEDURES WITH CC580$156,756$78,37813.2x
STOMACH, ESOPHAGEAL AND DUODENAL PROCEDURES WITH CC327$234,632$117,31613.2x
PERCUTANEOUS CARDIOVASCULAR PROCEDURES WITH DRUG-ELUTING STENT WITH MCC OR 4+ ARTERIES O246$275,044$137,52213.1x
PERCUTANEOUS CARDIOVASCULAR PROCEDURES WITH INTRALUMINAL DEVICE WITH MCC OR 4+ ARTERIES/321$272,713$136,35713x
PERMANENT CARDIAC PACEMAKER IMPLANT WITH CC243$217,305$108,65313x
INTRACRANIAL HEMORRHAGE OR CEREBRAL INFARCTION WITHOUT CC/MCC066$53,028$26,51412.8x

Showing 50 of 167 procedures

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Pricing data from federal hospital transparency files and physician fee schedules. Last updated: . All data is publicly available under federal law.

Rates shown are from the 2026 Medicare Physician Fee Schedule and CMS IPPS. BillRazor compares your bill against these data sources. See how it works →

FAQ — for-profit hospital billing

How much do for-profit hospitals typically charge compared to Medicare rates?
Based on data from 628 for-profit hospitals, the average markup is 7.8 times Medicare rates. This means charges are typically set at nearly 8 times what Medicare would pay for the same services.
Why do for-profit hospitals charge more than Medicare rates?
For-profit hospitals operate as businesses with shareholders and must generate revenue to cover operational costs and profit margins. Their pricing structure differs from Medicare's standardized payment rates, which are set by government formula rather than market conditions.
Does insurance typically pay the full hospital charge amount?
Most insurance companies negotiate contracted rates with hospitals that are lower than the posted charges. However, patients may still face significant out-of-pocket costs depending on their insurance coverage and deductible amounts.
What should I know about billing differences between hospital types?
For-profit hospitals generally have different pricing structures than non-profit or government-owned facilities due to their business model. Understanding your hospital's ownership type can provide context for potential billing differences when reviewing medical bills.

Related pricing data

Data: Federal hospital pricing data, updated annually. All data publicly available under federal law.

Methodology: Hospital gross charges divided by Medicare payment for the same DRG. A ratio of 3.0x means the hospital's listed price is 3 times what Medicare pays. Chargemaster rates are list prices — they are not what most insured patients pay. Grades measure pricing patterns only — not quality of care or clinical performance.

This information is for educational purposes only and is not medical, financial, or legal advice. Actual costs depend on your insurance and provider. We recommend verifying costs directly with your provider. Full methodology · Terms of use

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