Some states are moving to control costs by using Medicare reimbursement rates to calibrate how they pay hospitals, triggering alarm in the hospital industry.
For prospective patients, it can be hard to assess what these relationships actually mean — and whether they matter.
Total Bill: $4,692 for all the hospital care, including a $2,961 ER admission fee, a $400 EKG, $348 for a chest X-ray, and nearly $1,000 for blood tests.
For years, these prices have been a tightly guarded industrial secret. When pressed to release them, hospitals have argued that they are proprietary information.
Hospitals conduct nightly wealth screenings — using software that culls public data such as property records, and contributions charities.
The price of a liter of basic saline solution ranged from $56 to $383, nearly seven times as much. A brain MRI with contrast ranged from $3,200 to $8,800.
Rates were highest in programs whose trainees reported the longest hours, the least helpful faculty feedback, and the least valuable inpatient training programs.
Nearly a hundred rural hospitals in the United States have closed since 2010. Another 600-plus rural hospitals are at risk of closing,