American Hospital Association May 23, 2024
The RAND Corporation recently released the fifth iteration of its biannual hospital price report. The AHA has previously highlighted significant flaws with older versions of this report, and this latest iteration not only recycles but doubles down on those serious shortcomings — the health policy equivalent of Groundhog Day.
To start, RAND’s insistence on using Medicare as a benchmark for commercial prices continues to distort and generate artificial eye-popping numbers that grab headlines and generate clicks but don’t tell an accurate story. By using Medicare as a benchmark, RAND continues to promote an inaccurate and inflated impression of what hospitals are getting paid to provide care. The truth is that in 2022, Medicare paid hospitals just 82 cents for every...
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