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Study: Costs vary widely for hospital outpatient surgeries

from Risk & Insurance

States that use percent-of-charge-based fee regulations or have no fixed fee schedules are paying a bundle for common hospital outpatient surgeries, suggests a new study. States with cost-to-charge ratio fee regulations or fixed fee schedules see lower payments and slower growth of increased payments compared to other states. The Massachusetts-based Workers Compensation Research Institute compared hospital outpatient costs for the most commonly used outpatient surgeries in workers' comp for 33 states to develop its fourth Hospital Outpatient Cost Index for Workers' Compensation. more

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