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…………………….
Continue reading How Hospital Reimbursement Does and Does Not Work
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…………………….
Continue reading How Hospital Reimbursement Does and Does Not Work
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…………….
Continue reading Anthem To Offer New Association Health Plan in Las Vegas
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……
Continue reading Study Shows Hospitals Charge 479% of Their Cost For Drugs