Employer Groups to Hospitals: Your Prices Are Too Darn High!

A Rand report showing that some hospitals charge 200% to 300% more than Medicare pays has sparked a new effort among employers to push hospitals to cut what they charge for care. Hospital leaders say price is only part of the story.

I​magine being a hospital CEO today, when everyone from the big employers in town to national consumer groups to lawmakers is demanding full transparency on what you’ve long kept secret: your prices. Even the Trump administration has joined in. Those demands are enough to bring on a headache. And once you disclose your prices, you have to defend them. That headache of yours may become a...