Newsflash:
Issues ERA 3 State Strategy Healthcare Human Rights Some Hospitals Set Charges at More Than 10 Times their Costs, according to NNU and IHSP
Wednesday, 08 January 2014 02:02

Some Hospitals Set Charges at More Than 10 Times their Costs, according to NNU and IHSP

Written by  Healthcare Finance News

With growing national attention to hospital pricing practices, new data released by the nation's largest nurses organization today showed that hospital charges continue to skyrocket with some U.S. hospitals charging more than ten times their cost – nearly $1,200 for every $100 of their total costs.

NNU and IHSP list the 100 most expensive hospitals, top 10 for each state, and the 50 most expensive hospital systems. For specifics, call 510-273-2246.

Key findings include:

 

  • 14 U.S. hospitals charge more than $1,000 for every $100 of their total costs (a charge to cost ratio of 1,000 percent) topped by Meadowlands Hospital Medical Center in Secaucus, NJ which has a charge to cost ratio of 1,192 percent.
  • The 100 most expensive U.S. hospitals have a charge to cost ratio of 765 percent and higher – more than double the national average of 331 percent.
  • New Jersey, with a statewide average of 583 percent charge to cost average – meaning all its hospitals average a charge of $583 for every $100 of costs – has the most expensive hospitals in the U.S. Florida at 555 percent ranks second.
  • Despite enactment of the Affordable Care Act, hospital charges recorded their single biggest jump, a 22 percentile point increase from fiscal year 2010-2011 to fiscal year 2011-2012 in the past 16 years for which the IHSP has analyzed the data.
  • Six of the nine most expensive hospitals are part of two big chains, Community Health Systems, Inc. and Health Management Associates which are currently pursuing a controversial merger that critics charge would further drive up prices.
  • For-profit hospitals continue to dominate the list of those with the highest charges. For-profit corporations average charges of 503 percent of their costs, or $503 for every $100 of total costs.
  • By contrast, government-run hospitals, including federal, state, county, city, or district operated hospitals, with public budgets and boards that meet in public, exercise far more restraint than for-profit or non-profit corporate chains. Average charge ratios for government-run hospitals are just 235 percent of their costs.
  • Public oversight or regulation seems to help constrain excessive pricing. Maryland, probably the most regulated state in the U.S., has the lowest average charges of all the states among its 10 most expensive hospitals.

 

The findings are based on publicly available Medicare Cost Reports as of June, 2013, covering the federal fiscal year that ended September 30, 2012.

"Such inflated practices continue to price far too many Americans out of access to needed medical care or expose them to financial ruin. It's long past time to rein in the price gouging, and recognize that a healthcare system based on profiteering puts all of us at risk," said Jean Ross, RN, co-president of National Nurses United, whose research arm, the Institute for Health and Socio-Economic Policy, conducted the research.

Link to original article from Healthcare Finance News

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ERA Legislation in your State

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Sign the ERA Petition

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On Friday, September 12th more than 150 activists will go to DC and Demand that their Senators and Representatives support removing the ratification deadline from the ERA (SJ Res 15 and HJ Res 113)

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Sign the TPP Fast Track Petitions

MoveOn.org Petition - Congress Don't Renew Fast Track

Public Citizen Petition - Congress Must Reject Fast Track Authority

MoveOn.org Petition - Stop the Trans Pacific Partnership

CREDO Petition - Stop the Massive Corporate Power Grab

 

ERA - January 15th Round Table

Find Your Elected Officials

Enter your zip+4 and find your elected officials. This link provides name, address and phone number

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Click on your state in the list to find out if your Senators and Representative are cosponsors of the Equal Rights Amendment. Then call and either Thank Them or ask them to support the legislation.

Sample scripts are below.

ERA Call Scripts

Thank You Script
I am a voter in your district and the Equal Rights Amendment is very important to me and all my friends. Thank you for supporting equal rights.

Request Support
I am a voter in your district and the Equal Rights Amendment is very important to me and all my friends. Equality is a human rights issue. The Equal Rights Amendment has been stalled and we believe removing the ratification deadline will most the process forward. Please cosponsor SJ Res 15 (for Senators) HJ Res 43 (for your Representative)

Writer a Letter to the Editor about the ERA

We need to add the Equal Rights Amendment to the National conversation. Use our tool to send a letter to the editor of your local paper.

  1. Enter your zip code to select a list of local papers
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  3. Use our talking points and/or write your own letter

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Hand Deliver a Letter to your Senators or Representative

If your Senator(s) and/or Representative is not currently a supporter, they may not be aware that the legislation exists. Nothing sends a stronger message to a Congressional member than a personal visit to a district office by a voter with a written request for support. Phone calls and emails are incredibly important but nothing gets attention like a personal visit. Our Educate Congress page has information and a sample letter. Print the letter, sign it, deliver it.

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Email Your Senators and Representatives

There is no faster way to send a message to your Congress members than using our Email Advocacy Tool.

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ERA Videos

VA State Legislature

Marena Groll
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Tea with Friends of Alice - Chillicothe, Ohio

  • Sen. Nina Turner and Cathy White
    Sen. Nina Turner and Cathy White
  • Queen Nester and Sen. Nina Turner
    Queen Nester and Sen. Nina Turner
  • Awardees
    Dr. Jean Kerney, Senator Nina Turner and Portia A. Boulger Awardees
  • Sen. Nina Turner and Cathy White
  • Queen Nester and Sen. Nina Turner
  • Awardees