Study: Some For-Profit Hospitals Charging 10x Medicare Rates

MIAMI (AP) — A study appearing in the June issue of the journal Health Affairs has found that 20 of the 50 U.S. hospitals that charge the most for their services are located in Florida. All but one of them are for-profits.

Most states don’t limit what hospitals charge for their services, making it easier for hospitals to set excessively high rates. U.S. hospitals charged on average more than three times the Medicare-allowable costs.

The study comes amid a national push to increase transparency in hopes of curbing rising health costs.

The study encouraged lawmakers to require hospitals to publish cost data.

Some for-profit hospitals criticized the study, saying it did not account for the discounts and billions in charity care that they give low-income patients.

(© Copyright 2015 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Tampa

It's a Date | November 2017It's a Date is our monthly calendar created to help you keep up with everything Tampa Bay has to offer!
Best Party Beaches Around Tampa BayIt's illegal to drink alcohol on most of Tampa Bay's beaches - unless you know about these next six locations.

Listen Live