21
Dec

Data suggest New York hospital prices depend on leverage, not quality

Hospitals with bargaining muscle in New York are getting paid 1.5 to 2.7 times as much for care by insurers as the lowest-priced hospitals in the same market, mind a new study shows.

The prices did not equate to better or lesser quality, story according to an analysis by Gorman Actuarial of nonpublic data for 107 hospitals and nine insurers in three regions: Buffalo, Albany and downstate, including New York City.

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