Further evidence of how weird hospital pricing is

June 2, 2014 4:54 PM

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Further evidence of how weird hospital pricing is

The federal government last year for the first time released the prices that hospitals charge for the 100 most common procedures. The Medicare data from the 2011 fiscal year demonstrated wild variations in what hospitals charge the health-care program for seniors – for example, a joint replacement could be priced anywhere between $5,300 and $223,000 depending on the facility.

Thanks to new data from the Centers for Medicare and Medicaid Services, we now have a better sense of how hospitals increase the listed prices year-to-year. CMS on Monday released a trove of new data, including the 2012 fiscal year prices for the same 100 common procedures.

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