Swedish Health Services, based in Seattle, cut costs for 90 percent of its outpatient services by an average of 35 percent, according to a Heartland report. The price cuts apply to SHS’s five hospitals, two ambulatory care centers and 100 clinics.
Colonoscopy, originally priced at $2,203, has dropped by 31 percent to $1,518., according to the report.
The health system implemented this new policy on Jan. 1.
More articles on coding and billing:
6 things to know about ACA driving big insurance mergers
ICD-10 countdown: 10 things to know before it hits
4 ASCs join price transparency website: 5 key points
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.
