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Parkview among most expensive hospitals in the country according to new study

Statewide, hospitals charged insurance companies about 300 percent more than Medicare.

Posted: May 13, 2019 9:30 PM
Updated: May 13, 2019 10:17 PM

FORT WAYNE, Ind. (WFFT) - Non-profit RAND Corp. said Parkview Health charged insurance companies four times what Medicare paid for the same services in 2017.

Statewide, hospitals charged those companies about 300 percent more.

Researchers focused on nearly nearly 1600 hospitals in 25 states, comparing what insurance companies paid for a wide range of services to what Medicare was charged.

The study showed Indiana ranked the most expensive state for hospital visits, with hospitals charging 311 percent more.

However the American Hospital Association said in a statement it doesn't think the study is fair because "less than 5 percent of all covered persons in about half of all states."

The association said Medicare rates are like comparing apples and oranges because Medicare only pays 87 cents of every dollar spent to care for patients.

The Lutheran Health Network told FOX 55 "controlling the cost of healthcare while paying for resources like personnel and and technology have been key points for the network."

The New York Times reported Parkview Whitley Hospital is the 10th most expensive hospital in the nation according to the RAND study.

Parkview said that price tag doesn't tell the whole picture, saying in a statement "hospital pricing alone won't allow employers to achieve their health care cost goals. As we talk with employers across the region, they understand that quality and quantity of care must be considered as well."

Hospitals are required to post prices for services on their websites, but hospital leaders have told FOX 55 those are sticker prices, not what you would pay. They encourage people to contact the billing department to learn more one how much you would owe.

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