What price is right?
Pricing is an effective strategy for increasing hospital revenue. Usually between 10 and 25 percent of a hospital's business is charge-related. Hospital executives should consider price-driven payment, such as that affected by carve-out arrangements. Critical pricing issues must be thoroughly understood to perform an effective pricing study.
Cleverley
William O
WO
Cleverley & Associates, Ohio State University, Columbus, Ohio, USA. wcleverley@cleverleyassociates.com
D000368:Aged; D005377:Financial Management, Hospital / Q000379:methods*; D017722:Hospital Charges; D006801:Humans; D008329:Managed Care Programs / Q000191:economics*; D016344:Medicare Part A / Q000191:economics*; D011907:Rate Setting and Review / Q000379:methods*; D014481:United States