In a ground breaking study, researchers at Johns Hopkins University discovered hospital emergency departments overcharge. I know… Who would have thought ER prices are high? The study looked at 12,000 billing records for emergency medicine doctors nationwide.
Researchers found patients were charged 340 percent more, on average, than what Medicare pays for the same service. Charges ranged from 1 to nearly 13 times what Medicare’s fee schedule.
According to the authors:
“There are massive disparities in service costs across emergency rooms, and that price gouging is the worst for the most vulnerable populations,”
“This study adds to the growing pile of evidence that to address the huge disparities in health care, health-care pricing needs to be fairer and more transparent.”
The hospitals with the highest fees were for profit hospitals in the southeast and Midwest.