Healthcare Bills Driven Up by Hospital Practice Acquisitions

Hospital acquisitions of independent physician practices are driving up overall healthcare costs, according to the Charlotte Observer.

Advertisement

A service could cost double what it did prior to a hospital acquisition, the report shows. While hospitals have higher overhead costs, they also receive about 80 percent more Medicare revenue than physicians for some services.

The number of physicians employed by hospitals doubled in the last 10 years.

More Articles on Coding, Billing and Collections:
Advance Response Forms to Provide Billing Follow-Up Assistance
CMS Corrects List of Payable Procedures for Surgery Centers
Future of Bush-Era Tax Cuts Uncertain; Negotiations Reach Critical Stage as Providers Consider Budgets for 2013

At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.

Advertisement

Next Up in ASC Coding, Billing & Collections

Advertisement

Comments are closed.