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May 8, 2013 02:00 pm GMT
A new federal database of hospital prices shows a massive disparity in medical costs. "Average inpatient charges for services a hospital may provide in connection with a joint replacement range from a low of $5,300 at a hospital in Ada, Oklahoma, to a high of $223,000 at a hospital in Monterey Park, California. Even within the same geographic area," said Secretary of Health and Human Services Kathleen Sebelius, whospearheadeda new transparency initiative to reveal traditionally secretive hospital bills.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jjt1LeVMgvk/
New Database Reveals Adjacent Hospitals Charging $200,000 Difference For Same Procedure
A new federal database of hospital prices shows a massive disparity in medical costs. "Average inpatient charges for services a hospital may provide in connection with a joint replacement range from a low of $5,300 at a hospital in Ada, Oklahoma, to a high of $223,000 at a hospital in Monterey Park, California. Even within the same geographic area," said Secretary of Health and Human Services Kathleen Sebelius, whospearheadeda new transparency initiative to reveal traditionally secretive hospital bills.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/jjt1LeVMgvk/
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