Study: Hospital Outpatient Costs Lower in States With Fixed Fee Schedules
Workers Compensation Research Institute has found that states with workers' compensation fee schedules based on a percent of charges have higher hospital outpatient costs compared with states that have fixed-amount fee schedules.
Fixed-amount fee schedules are those that reimburse specific amounts to hospitals for each procedure or group of procedures, similar to fee-for-service. In states that paid hospital outpatient fees based on a percent of charges, such as Florida and North Carolina, outpatient costs were up to 91 percent higher than the median costs of states with fixed-amount fee schedules.
In addition, hospital outpatient costs were 39 to 98 percent higher in states that had no fee schedules for workers' compensation compared with states that had fixed-amount fee schedules.
More Articles on Hospital Costs:
© Copyright ASC COMMUNICATIONS 2012. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.
To receive the latest hospital and health system business and legal news and analysis from Becker's Hospital Review, sign-up for the free Becker's Hospital Review E-weekly by clicking here.