Hospitals charged employers and insurers 254% more than Medicare in 2022: study [Yahoo! Finance]
Community Health Systems, Inc. (CYH)
Last community health systems, inc. earnings: 4/28 04:15 pm
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US:NYSE Investor Relations:
chs.net/investor-relations
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Source: Yahoo! Finance
In 2022, private insurers and employers paid on average 254% of what Medicare would have paid for the same care services — up from 224% two years prior Health systems often argue they hike up commercial rates to offset losses from government underpayments, according to the study. However, a hospital's market share, rather than population of Medicare or Medicaid patients, more accurately predicted pricing, with larger health systems charging higher prices. Dive Insight: Since 2021, health systems and insurers have been required to post pricing information for their 300 most common procedures as the government pushes to make healthcare prices more transparent. However, researchers have accused hospitals and insurers of failing to fully comply with the regulations. Only 34.5% of 2,000 hospitals reviewed by nonprofit watchdog organization Patient Rights Advocate were deemed fully compliant with price transparency rules as of January. But, t he CMS had only issued 14 civil monet
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CYH
News
- Community Health Systems (CYH) Up 9.2% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]Yahoo! Finance
- Investors in Community Health Systems (NYSE:CYH) have unfortunately lost 73% over the last three years [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. Announces Pricing of $1,225.0 Million Tack-On Offering of 10.875% Senior Secured Notes Due 2032Business Wire
- Community Health Systems, Inc. Announces Tack-On Offering of $1,125.0 Million 10.875% Senior Secured Notes Due 2032 [Yahoo! Finance]Yahoo! Finance
- Community Health Systems, Inc. Announces Tack-On Offering of $1,125.0 Million 10.875% Senior Secured Notes Due 2032Business Wire
CYH
Earnings
- 4/24/24 - Miss
CYH
Sec Filings
- 5/22/24 - Form 8-K
- 5/21/24 - Form 8-K
- 5/8/24 - Form 8-K
- CYH's page on the SEC website