There are three generic factors that influence the way any firm, including health care facilities influence their pricing. These three factors are, the desired net income of the firm, the firm’s competitive positio...
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...They are held to “reasonableness of charges” and it is important that the public knows the facts before speaking out against their local hospital. Health care costs money, therefore like any business hospitals must charge for their services, plain and simple.
Devers, K, Casalino, L, Rudell, L, Stoddard, J, Brewster, L, & Lake, T. (2003). Hospitals negotiating leverage with health plans: how and why has it changed? Health Services Research, 38(1), 419-446.
Cleverley, W. O., & Cameron, A. E. (2007) Essentials of health care finance. Mississauga, Canada: Jones & Bartlett
Long, R. (2002). Long: financial turnaround focuses on revenue cycle, managed care contracts - executive insights - ronald r. long, outgoing chairman of healthcare financial management association national board of directors - interview. Healthcare Financial Management
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