At sportsmed hospital and orthopaedics we are committed to ensuring that you are informed about your financial obligations. Depending on your private health fund coverage you may be responsible for a range of out-of-pocket hospital costs.

When surgery is recommended you will be given a comprehensive financial estimate from your surgeon’s personal assistant for the operation, attending surgeon, his/her assistant, anaesthetist and incidental charges at the time of booking.

Depending on your coverage, private health funds may rebate some of the cost associated with orthopaedic services.

With regards to private health insurance it is important to remember the following:

• Some levels of cover require you to pay an excess, a co-payment, or both, which you will be required to pay on admission
• Your level of cover may also require you to pay a private room fee, as sportsmed only offers private room
• Some levels of cover have restrictions or excluded services
• Most cover has waiting periods that exclude certain cover during a set period of time after the cover is initially taken out or changed
• Pre-existing ailment rules apply and your cover may be subject to these rules
• Possible surgeon gap fees are payable on admission

All liability for expenses associated with hospitalisation lies with the patient. Please ensure that you confirm your level of cover with your private health fund, workers' compensation/third party provider or Department of Veterans' Affairs (DVA) so you know exactly what excess you may be expected to pay on admission.

sportsmed Hospital account costs may include:

• Excess and/or co-payments
• Prosthetic gaps
• Services or treatments restricted under your level of cover other service provider accounts:

DISCLOSURE: sportsmed Hospital and Day Surgery is operated by SPORTSMED·SA Hospitals Pty Ltd (sportsmed Hospital). Your sportsmed surgeon is a shareholder in sportsmed Hospital. To the extent that sportsmed Hospital derives income in respect of your treatment and care and to the extent that this may benefit the shareholders of sportsmed Hospital, your surgeon may receive a benefit from your treatment and care. sportsmed Hospital has a number of arrangements with suppliers which are entered into on ordinary commercial terms. Some of these arrangements provide for volume discounts on purchases e.g. consumables. Others provide a financial rebate to sportsmed Hospital based on the quantity of purchases. Any prosthesis recommended by your surgeon may be subject to such an arrangement. To the extent that rebates impact on the profitability of sportsmed Hospital and to the extent that profitability benefits shareholders, your surgeon may receive a benefit from prescribing prostheses which are subject to these arrangements. The value of any such benefit, in respect of each prosthesis, is indeterminate as the applicable rate of the rebate is not known until each annual volume reconciliation is completed, however total rebates do not exceed 5% of all prostheses purchases.