Higher healthcare use leads to lower prices, report suggests: 4 takeaways

A new report from the Health Care Cost Institute found areas that have a higher healthcare use have lower prices, according to the American Journal of Managed Care

 

The key details to know:

1. The Health Care Cost Institute's report includes information from 1.8 billion healthcare claims across 112 metropolitan areas recorded from 2012 to 2016.

2. The report found the median metropolitan area healthcare utilization fell 17 percent. Prices rose 13 percent.

3. In metropolitan areas reporting higher rates of healthcare use, such as Toledo, Ohio, and Baltimore, healthcare prices were lower.

4. Overall prices experienced a median growth of 13 percent from 2012 to 2016, a rate three times greater than inflation.

More articles on benchmarking:
38 statistics on ASC valuation, facilities
10 happiest, unhappiest cities in America l 2019
UnitedHealth, Tenet & HCA rank among top 50 largest medical group parents




© Copyright ASC COMMUNICATIONS 2021. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Featured Webinars

Featured Whitepapers