Originally Posted by Team Plutonium
How about hospitals stop charging $50 for a gauze pack that cost around $5 retail? Or charging $5K for a CT scan that cost $250. There is no reason for that, and it drives the healthcare costs though the f@cking roof.
What they "charge", and what insurance companies actually pay, are two very different figures. Those figures that you quote are never, ever paid, and are only billed to uninsured folks who do not have the collective bargaining ability of a larger organization.
I won't argue against the fact that some hospitals are making large profits, but many are also struggling with decreased reimbursements. New York City is a prime example, where many well-known hospitals have shut their doors over the past 5 or 10 years.
Ultimately, this cut will really hit the specialties with low margins, like family medicine.