Hospital Pricing Revelations Unlikely To Change Wildly Disparate System

May 14, 2013 12:09 AM

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Hospital Pricing Revelations Unlikely To Change Wildly Disparate System

The high and wildly varying prices for hospital services revealed by President Barack Obama's administration last week likely aren't going away any time soon because the antiquated system that generates them is intricately threaded throughout the health care system, according to industry representatives.

The Obama administration revealed more than 160,000 charges for inpatient procedures at more than 3,300 U.S. hospitals Tuesday. With the data disclosure, the administration was aiming to increase public pressure on hospitals, especially those with much higher prices than nearby competitors, to bring...

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