Archive for September 6th, 2018

How Hospital Reimbursement Does and Does Not Work

Thursday, September 6th, 2018

Hospitals create chargemaster prices by multiplying the cost they pay for a product by 300 to 1200%. Another little hospital secret is what is called an outlier payment…………………….

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Anthem To Offer New Association Health Plan in Las Vegas

Thursday, September 6th, 2018

The Las Vegas Metro Chamber of Commerce announced Wednesday that it is partnering with Anthem Blue Cross Blue Shield to offer health plans to its members under a new Trump Administration rule that makes it easier for small businesses to collectively purchase insurance…………….

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Study Shows Hospitals Charge 479% of Their Cost For Drugs

Thursday, September 6th, 2018

Percentage of Charges Model – 50% Off Double The Price?

Hospitals are generally not paid 100% of billed charges; however, hospital outpatient
departments are routinely reimbursed as a percent of billed charges by commercial payers……

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