Report outlines ‘vast variations’ in hospital costs

The amount charged by hospitals for inpatient services varies significantly based on region, and large disparities even exist within individual communities, according to a report released this week by the federal government.“Consumers don’t know what a hospital is charging them or their insurance company for a given procedure, like a knee replacement, or how much of a price difference there is at different hospitals, even within the same city,” Kathleen Sebelius, secretary of the Department of Health and Human Services, said in a press release. “This data … will help (Read more...)

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