Why do some hospitals get away with charging such exorbitant prices?

The Center for Medicare and Medicaid Services published a ground-breaking report yesterday looking at the average prices charged by 3,000 U.S. hospitals for the “top 100 most frequently billed charges.” The report shows that different hospitals appear to charge wildly different prices for the same procedures, seemingly without any rhyme or reason.  While one hospitalContinue reading “Why do some hospitals get away with charging such exorbitant prices?”