hospital overbilling
See the following -
An 'Open' Hospital Chargemaster System is Needed
Every hospital has what's known as a chargemaster, also known as charge description master (CDM). A charge master is a listing of every single procedure that a hospital may provide to its patients. It is well established that chargemaster prices are inflated, vary widely from hospital to hospital, and often have no relation to the actual cost of providing care. Read More »
Why Healthcare Is A Boon For Private Equity
Here’s why: first, there is no real linkage between demand and supply with healthcare. In ordinary market economics, demand and supply tend to have an inverse relationship with each other. Not so with health care; since nobody can really predict the need for a certain health service. And when you do need it, there isn’t really the time to shop around. So the demand and supply can’t really be moderated based on each other.
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