Becker's Healthcare September 21, 2022
A new paper from consumer group Families USA accuses hospitals’ high fees and misaligned incentives of “bleeding families dry.”
“This paper exposes how the corporate hospital business model has fundamentally transformed into one that favors monopolies and setting high prices at the expense of our health,” Families USA Executive Director Frederick Isasi said in a Sept. 15 news release.
The paper said hospital prices have increased as much as 31 percent nationally since 2015 and are accounting for nearly one-third of U.S. healthcare spending.
The paper also said seven of the 10 most profitable health systems in 2016 were nonprofits. Each earned more than $163 million in operating...