Radiology Business March 22, 2023
The price for a brain MRI is actually cheaper at a for-profit hospital than its nonprofit or government-operated counterpart, according to a new analysis published Tuesday in JAMA Network Open [1].
Rural hospitals also were discovered to be pricier than urban ones, findings that may contradict conventional wisdom and show the “strong revenue-maximizing efforts of these hospitals,” one of the study’s authors told Radiology Business.
“My takeaway: Commercial negotiated price reflects hospitals’ market power,” said Ge Bai, PhD, CPA, a professor of health policy and management at the Johns Hopkins Bloomberg School of Public Health. “To bring affordable brain MRI for commercial patients, competition from for-profit hospitals and other types of facilities, such as radiologist-owned imaging centers, are needed.”
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