HFMA January 16, 2020
- Differences of more than 200% exist nationally both in what hospitals charge and in the revenue they garner for care.
- In one local market, differences of more than 100% were seen both in what hospitals charged and in the revenue they received for MRIs.
- The analysis identified steps hospitals can take to position themselves for coming transparency mandates.
As hospitals prepare for January 2021 implementation of a controversial federal rate-transparency requirement, a new analysis has found more than 200% variation both in gross charges and in accepted amounts.
The analysis, conducted by revenue cycle firm Crowe, examined gross charges and accepted amounts for the top 100 outpatient procedures for which the charge...