Hospitals, Health Systems Adjusting Prices To Be More Competitive as Patients’ Out-of-Pocket Costs Rise
Some hospitals and health systems are assessing and adjusting their prices to make them more competitive in a market that is increasingly requiring patients to pay more out-of-pocket for their health care. The price reviews are connected in part to a rise in the prevalence of high-deductible health plans. As a result, individuals are increasingly scrutinizing the costs of services they have to pay for themselves.
- "Hospitals Rethink Prices as Patients Grow More Cost-Conscious" (Evans, Modern Healthcare, 12/5).