Tuesday, August 19, 2014

UCSF Hospital Study Findings: Same Blood Test Hospital A $10 ... Hospital B $10,000 ..

Imagine walking into a hospital and being charged more than $10,000 for a blood test to check your cholesterol level. Imagine then going to another hospital in the same state and being charged $10 for the same test.
That’s what a team led by a researcher at the University of California at San Francisco found when it looked at the prices California hospitals charge for 10 common blood tests.
Researchers studied charges for a variety of tests at 160 to 180 California hospitals in 2011 and found a huge variation in prices. The median charge for a basic metabolic panel, which measures sodium, potassium and glucose levels, among other indicators, was $214. But hospitals charged from $35 to $7,303, depending on the facility. None of the hospitals were identified.
The biggest range involved charges for a lipid panel, a test that measures cholesterol and triglycerides, a type of fat (lipid), in the blood. The median charge was $220, but costs ranged from a minimum of $10 to a maximum of $10,169. Yes, more than $10,000 for a blood test that doctors typically order to check the cholesterol levels of older adults.
CLICK HERE to Read the Study
The smallest range in charges was for a blood test that checks for a protein that signals muscle inflammation. It cost $10 to $628.
The study was published Friday in BMJ Open, an online publication of the British Medical Journal.
[...]
... Most consumers with health insurance won’t pay those prices; most often, their health plans have negotiated a lower price with the hospital or provider. But patients without insurance face the full brunt of the charges, especially if they don’t qualify for a hospital’s charity-care discounts, Hsia said....
Read the full story HERE.

If you like what you see, please "Like" us on Facebook either here or here. Please follow us on Twitter here.


No comments: