Well-known Journalist Blasts Hospitals, Drug Makers, and Device Manufacturers for Lack of Transparent Prices and High Cost of Medical Care

Jun 7, 2013 | Coding, Billing, and Collections, Compliance, Legal, and Malpractice, Laboratory News, Laboratory Operations, Laboratory Pathology, Laboratory Sales and Marketing

Public scrutiny of exorbitant hospital ‘chargemaster’ prices for health services and medical laboratory tests is growing Publication by Time Magazine of an in-depth investigation of the exorbitant prices charged to patients by many hospitals continues to cause a stir among both healthcare policymakers and patient advocates. Clinical laboratory executives and pathologists should take note of this public debate. The exposé was published by Time on March 4 under the title “Bitter Pill: Why...
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