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Colorado hospitals collected an estimated $13.4 billion in facility fees over a recent six-year period, doubling the average cost of care for patients with certain types of insurance, according to a new state report released this week.
October 4, 2024
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The Massachusetts Health and Hospital Association reports a $220 million Healthy Safety Net deficit for fiscal year 2025, following $380 million deficits in FY 2023 and 2024, totaling $600 million. It raises the question how exactly are hospitals burning through so much cash? Taxpayers deserve to know.
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According to a study from USC, Sutter Health used “all or nothing” contracts to boost revenue. The same study also found that Sutter Health’s prices surged 30% higher than comparable California hospitals after adopting anticompetitive contracts.
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