title: Pricing commodity outpatient procedures assessing the impact.
abstract: Hospitals should carefully consider all relevant factors before choosing to lower prices and payments for certain outpatient commodity services in an effort to remain competitive in their market. Key steps to take in the evaluation process include: Determining current profitability. Assessing profitability by payer class. Understanding overall cost positions. Assessing the relative payment terms of current commercial contracts. Determining the net revenue effect of proposed changes.
authors.forename: William O
authors.initials: WO
authors.lastname: Cleverley
mesh_terms: D003363:Cost Control; D003657:Decision Making; D005377:Financial Management, Hospital / Q000379:methods*; D006302:Health Services Research; D017722:Hospital Charges / Q000706:statistics & numerical data; D017721:Hospital Costs / Q000706:statistics & numerical data; D006801:Humans; D010044:Outpatient Clinics, Hospital / Q000191:economics*; D011907:Rate Setting and Review; D014481:United States