athenaInsight July 8, 2019
For patients facing increasingly expensive healthcare plans and premiums, cost is an increasingly pressing factor when it comes to where and when to seek medical treatment.
The growing choices of retail clinics and urgent care centers make competition a reality for hospitals for the foreseeable future.
According to the American Hospital Association, hospital demand slumped after the last recession and hasn’t recovered since, despite the Affordable Care Act insuring more Americans. One reason is there are simply more options for care, some of which require no waiting and come at a lower cost to patients. JAMA Internal Medicine reported in 2018 that the average low-severity emergency room visit in 2015 cost $422 out of pocket, compared to $66 at urgent care centers...