Angered By High Health Care Spending? Here’s What Maryland Is Doing

Forbes July 1, 2019
Peter Ubel

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• In 2014, the state of Maryland took direct aim at this profitless profligacy, enacting a bold (dare I say European?) approach
• If you build a budget, hospitals will adapt.

US healthcare spending is maddeningly high. As in: fifty percent higher than what other wealthy countries spend, with no evidence we’re getting any bang for all those additional healthcare bucks.

In 2014, the state of Maryland took direct aim at this profitless profligacy, enacting a bold (dare I say European?) approach : it gave hospitals fixed budgets to cover the costs not only of inpatient hospital care, but also outpatient care and emergency room services. It basically told hospitals that, if they...

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