Modern Healthcare: COVID-19 test charges range from one cent to $14,750, study finds
By Tara Bannow September 15, 2020 COVID-19 relief legislation that lets providers in some cases set their own prices on COVID tests has resulted in charges as high as $14,750, a new study finds. Providers billed insurers $144 on average for COVID diagnostic tests, with the prices ranging from one penny all the way up […]
USA Today: ‘I was floored’: Coronavirus test prices charged by some hospitals and labs stun consumers, spur questions
By Ken Alltucker September 15, 2020 When Lisa Robertson sought coronavirus testing for her college athlete daughter, a pediatrician recommended a small, independent pharmacy in Arlington, Virginia. Preston’s Pharmacy charged $35 to take a nasal swab specimen and sent it off to a lab, Principle Diagnostics, for quick results. The lab billed her insurance company […]
ProPublica: How a $175 COVID-19 Test Led to $2,479 in Charges
By Marshall Allen August 1, 2020 As she waited for the results of her rapid COVID-19 test, Rachel de Cordova sat in her car and read through a stack of documents given to her by SignatureCare Emergency Center. Without de Cordova leaving her car, the staff at the freestanding emergency room near her home in […]
ProPublica: A Doctor Went to His Own Employer for a COVID-19 Antibody Test. It Cost $10,984.
By Marshall Allen September 5, 2020 When Dr. Zachary Sussman went to Physicians Premier ER in Austin for a COVID-19 antibody test, he assumed he would get a freebie because he was a doctor for the chain. Instead, the free-standing emergency room charged his insurance company an astonishing $10,984 for the visit — and got […]
The Charlotte Observer: Prices soar as hospitals dominate cancer market
By Ames Alexander, Karen Garloch, & Joseph Neff April 22, 2015 Large nonprofit hospitals in North Carolina are dramatically inflating prices on chemotherapy drugs at a time when they are cornering more of the market on cancer care, an investigation by the Observer and The News & Observer of Raleigh has found. The newspapers found […]
Health Leaders Media: 340B Ruling Helps Hospitals’ Bottom Lines
By John Commins January 7, 2019 A federal judge’s ruling late last month blocking the Department of Health and Human Services’ 22% cut in 340B reimbursements is a credit positive for non-profit hospitals, according to Moody’s Investors Service. “Reimbursements will immediately revert to levels before the cuts, improving operating performance,” Moody’s said in a credit brief this […]
Real Clear Health: Hospitals Are Gaming the 340B Drug Program
By Jerry Rogers May 21, 2020 The COVID-19 crisis has been a brutal lesson on the limitations of government action and imagination. The response, thus far, has been a ‘business as usual’ expansion of entitlements and interventions in an attempt for the government (programs, loans, direct payments, welfare, food assistance, etc.) to take the place […]
AJC Report: Many Atlanta area hospital prices more than double Medicare’s
By Ariel Hart August 8, 2020 Some metro Atlanta hospital prices are higher than those paid in many other states, according to a report by the Rand Corp. Health care prices are notoriously difficult for the public to figure out. Both insurance companies and health care providers are reluctant to give out the actual price […]
RAND Report: Hospital Prices in Indiana
By Chapin White Large employers sponsor health plans that enroll roughly half of the U.S. population, and they are in a strong position to demand increased value from the health care system. But large employers generally lack useful information about the prices they are paying for health care services. This report reveals the prices paid […]
Axios: Half of Americans fear health-related bankruptcy
By Caitlin Owens September 2, 2020 The number of Americans who worry about bankruptcy if they have a serious health issue has spiked over the last year and a half — particularly among men, people of color and young adults, according to a new survey from West Health and Gallup. Between the lines: Health care costs were a huge […]