Tag: hospital prices

Hospital prices are now posted online; Here’s what this author found.

Hospital prices are now posted online; Here’s what this author found. President Trump wanted price transparency and as a result, hospitals are beginning to put their prices on their websites. While you can now search out the cost of a particular procedure, this is not as easy and straightforward as it should be. As someone can expect, prices are all over the place and two hospitals in the same area can have markedly different prices. Patients can now access this info to negotiate the prices down prior to coming in for the procedure which is helpful to those who don’t Read More »

Market forces are not working to curtail hospital prices which supports the discussion of Medicare for all.

Market forces are not working to curtail hospital prices which supports the discussion of Medicare for all. The NY times recently reported that some hospitals are charging 3-4 times the Medicare allowable rate for the same services, and there is no transparency on why the hospitals are charging what they do. Its no secret that healthcare prices in the USA are exorbitant, especially as hospital systems grow larger and are more difficult to negotiate with. There are numerous examples of hospitals in Indiana charging four times the Medicare rate or emergency rooms in Colorado charging eight times the Medicare rate. Read More »