Price Transparency: Progress, But Not Yet Celebration
Price transparency has long eluded the health care industry, but change — fueled by rare bipartisan support — is afoot.
Chargemaster
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Read more: The Tylenol Debate: Can Hospitals be Sued for Excessive Markups on Medications and Devices? The Tylenol Debate: Can Hospitals be Sued for Excessive Markups on Medications and Devices?
By Alex Stein Steven Brill’s TIME MAGAZINE blockbuster article, Bitter Pill: Why Medical Bills are Killing Us, uncovers the CHARGEMASTER: a publicly undisclosed pricelist accountable for what we see in hospital bills. What we see there doesn’t look good: it includes acetaminophen sold for $1.50 a tablet (you can buy 100 of those for the…