u003cstrongu003eAnswer:u003c/strongu003e Hospital beds are complex gadgets that help people with a variety of medical conditions. A hospital bed can cost anywhere from $500 to several thousand dollars, based on the type and brand of bed.u003cbr/u003eThe cost will also depend on whether it's supplied as a package (with rails mattress included).u003cbr/u003eMoreover, yes. Medicare would fund the bed  As a “durable medical equipment,” hospital beds are reimbursed under Medicare Part B. Both your prescribing doctor and bed supplier and your prescribing doctor should be Medicare members for the bed to be insured. More information is available at Medicare.gov.