Medical Costs
Average cost per inpatient stay is $22,000. Average outpatient visit is approaching $500.
From the Institute for Health Metrics and Evaluation. The average outpatient visit in the United States costs nearly $500, according to a new scientific study. In addition, the average inpatient stay had a price tag… Read More
Pharma Execs Play While Patients Pay With Their Lives
From The Institute for Health and Socio-Economic Policy. Since the United States does not regulate prescription drug prices, Americans are forced to pay the price that the pharmaceutical industry chooses to charge. This often causes… Read More
The Real Reason Health Care Costs So Much More in the US
By Yoni Blumberg, Money. . The U.S. is famous for over-spending on health care. The nation spent 17.8 percent of its GDP on health care in 2016. Meanwhile, the average spending of 11 high-income countries… Read More
Giving Up on Red Tape, Doctors Turn to Cash-Based Model
By Alexa Ura, The Texas Tribune. For 12 hours a day, the waiting room at Dr. Gustavo Villarreal’s family practice is often packed with patients, people who will pay a flat $50 fee for the… Read More
Victim: “Get an Attorney before ER Overcharges Bankrupt You”
By Jane Mundy, Lawyers and Settlements.com. Last July Rothanie went to the ER, doubled over in pain. She had an appendectomy and spent a total of two days in the hospital. Rothanie is now facing...
Cancer experts demand action on reducing high-cost drugs
Source: Mayo Clinic News Network . A group of 118 of the nation’s leading cancer experts have drafted a prescription for reducing the high cost of cancer drugs and voiced support for a patient-based… Read More
After Surgery, Surprise $117,000 Medical Bill From Doctor He Didn’t Know
By Elisabeth Rosenthal, The New York Times. Before his three-hour neck surgery for herniated disks in December, Peter Drier, 37, signed a pile of consent forms. Mr. Drier was prepared when the bills started arriving. He...
The RUC Is Bad Medicine; It Has to Go
By Brian Klepper, PhD. RUC Is a Deep Root of Our Healthcare Crisis. “One of the biggest mistakes we made…is that we took the RUC…back in 1992 and gave it to the AMA…It’s incredibly political,… Read More
Why Hospitals Charge So Much For An Asprin
By Unagidon – Commonweal Magazine. The reason that hospitals charge so much for an aspirin is a rather simple one, and if I tell you why they do it might help me make my point...