Tuesday, December 3, 2013
There is another not-very-flattering article about hospital pricing in today's New York Times. When I started working in health care law over 20 years ago, virtually nobody outside of those of us who actually worked with hospital billing offices knew anything about how hospitals set their prices for various services. Now, anybody who reads a national newspaper or major periodical should have some knowledge of it. Will this level of exposure force change? Clearly, market competition doesn't work to control costs in this context. Will this knowledge lead to a push for regional or national price controls?