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:
Facility Fees at Hospital-Owned Physician Offices Drive Up Cost of Care
How to Create Sustainable Hospital Financial Improvement: 3 Steps
5 Steps to Identify Cost Savings in Hospital Supply Chains
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit
