Policy: Public release of Hospital Charge Data
First, let me point out another great set of commente by BC in response to my last posting. His comments are thorough, well-reasoned, and comprehensive in review of the Citizen's Action Report.
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In the news today, Minnesota hospitals released their charges (gross prices) for 50 inpatient and 25 outpatient procedures. The charges are prices before discounts to managed care providers and are built to cover costs for basic services, nursing, technology and supplies. Physician charges are not included on the site. The Web site also displays hospital volume, average length of stay, average charge per day and average and median charges for each procedure. The website is in response to a Minnesota law passed in 2005 requiring hospital price transparency. The state is one of at least nine to publish hospital prices online, according to the National Conference of State Legislatures. Click here to view the site.
While there are numerous factors in building charges that are both local and regional in nature...its at least interesting to see how one state is bringing price information to the masses.
6 Comments:
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Very useful material, much thanks for the article.
Finally Hospitals come up with a good way for patients to choose a hospital, by price. When ALL hospitals do this the American Public will be best served.
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