Interesting statistics here.
Recently, the left-leaning advocacy group Families USA released an analysis of hospital pricing data, with a particular focus on big corporate chains. For 15 large systems, the hospitals charged commercial insurance an average of 282 percent of Medicare rates, while earning an average of $22.1 million in net income per hospital.
Breaking down the data by various metrics (rural versus urban, etc.), the prime differentiator became apparent. Independent hospitals charged an average of 221 percent of Medicare rates, while earning an average of $3 million per hospital per year. By contrast, hospitals that comprised part of a larger system charged an average of 277 percent of Medicare rates, while earning an average of $27.7 million in net earnings annually — more than nine times the earnings of independent facilities. ...
In SE Wisconsin, Big Hospital = Aurora, Ascension, and Froedtert.
Yes, that's all of the hospitals in the larger metros of MKE, Racine, and Kenosha.
Congress? Useless, as usual.
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