American Hospital Association May 26, 2022
The RAND Corporation’s latest hospital price report is, unfortunately, more of the same. This release comes amid historic financial losses for hospitals and health systems, and rapidly growing costs. Over the last two years of the COVID-19 pandemic we’ve seen how critical hospitals and health systems are to their communities and patients as they have attempted to weather repeated hospitalization surges, pioneered life-saving new treatments and in many cases taken on even more care responsibilities, like rapidly setting up testing and vaccination centers. They have done all of this while facing unprecedented financial challenges throughout the pandemic. Within that context, RAND has doubled down on its misguided prior work, with the same pre-conceived notions and flawed methods.
The underlying premise...
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