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Healthcare blame game: What hospitals charge vs. what they get paid

from By Dr. Jonathan Kaplan

The Centers for Medicare and Medicaid Services released the prices hospitals charge for the 100 most common inpatient procedures. The idea is to provide more information to the public about how much hospitals charge and to highlight that one hospital will charge a wildly different amount than what another nearby hospital charges for the same procedure. But before we go any further, it is imperative the public understands what a hospital charges Medicare/Medicaid is almost completely unrelated to how much Medicare/Medicaid reimburses that hospital for those services. more

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