2 ms·
The link that I spent specifically mentions hospital admin costs per capita and per GDP: >"Hospital administration costs ranged from 1.43 percent of gross dome
by wefarrell 5y ago
The link that I spent specifically mentions hospital admin costs per capita and per GDP:
>"Hospital administration costs ranged from 1.43 percent of gross domestic product (GDP) in the United States ($667 per capita) to 0.41 percent of GDP ($158 per capita) in Canada."
> Reducing U.S. spending on a per capita basis to Canada’s level would have saved $158 billion in 2011
They are a significant expense. They're certainly not the only expense in healthcare and there is no single area that is driving up costs. There is substantial waste throughout the system.
> Keep in mind that the "in-patient and outpatient costs" and prescription drug costs do NOT include provider office costs either.
How are you so sure of that? I see no indication in the study that provider administration wouldn't be lumped under the provider costs.
- bhupy 5y ago> They are a significant expense. They're certainly not the only expense in healthcare and there is no single area that is driving up costs. They are certainly a "significant" expense, but zeroing it out isn't going to bridge the gap. > How are you so sure of that? I see no indication in the study that provider administration wouldn't be lumped under the provider costs. Because they say so: "inpatient and outpatient care, which includes payments to hospitals, clinics, and physicians for services and fees such as primary care or specialist visits, surgical care, and facility and professional fees (see Methods for more details)" The fee-for-service model makes it easy to isolate this amount. For every CPT/CDT code, there's a charged amount, an allowed amount, and a paid amount, and they're specific to the medical procedure.