Healthcare Finance News February 22, 2023
The median price for shoulder arthroscopy was 1.68 times higher at facilities within networks compared with independent hospitals.
Surgical procedures at in-network hospitals carry a far higher cost than at independent hospitals, a trend that held true for 15 of 16 surgical procedures analyzed in a new study published in JAMA Network Open.
The surgeries found to have higher associated costs included shoulder arthroscopy with cartilage removal, diagnostic colonoscopy and prostatectomy. For example, the median price for shoulder arthroscopy was 1.68 times higher at facilities within networks compared with independent hospitals ($4,432 vs. $2,643).
There was also a high amount of variation in negotiated prices for the procedures, with the median prostatectomy price reaching $9,567 at hospitals in networks,...
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