Becker's Healthcare May 16, 2022
Rick Pollack, president and CEO of the American Hospital Association, said a recent news report about hospitals asking insurers to pay them up to 15 percent more to help offset rising wages passed over the bigger picture of hospitals’ cost structures.
The Wall Street Journal reported May 8 that several large healthcare organizations in recent months, including Nashville, Tenn.-based HCA Healthcare and King of Prussia, Pa.-based Universal Health Services, said they will be asking for substantial rate increases to offset inflation, including labor costs. While neither hospital operator specified the price increase sought, people familiar with the negotiations said that some hospitals within the networks are seeking boosts of 7.5 percent to 15 percent.
Mr. Pollack, who has led...
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