HealthGrades, Golden, Colo., began offering price reports to consumers on 55 medical procedures, providing the regional averages for hospital and physician charges, prices negotiated by health plans and individuals' out-of-pocket costs. HealthGrades, which produces free reports on quality data for various types of providers, is charging $7.95 for each price report on a procedure.
The reports, covering the Northeast, South, Midwest and West, show that wide variation exists in even average prices for some procedures. For example, the average list price per episode of care for gastric-bypass surgery is $59,500 in the South and $35,600 in the West. So far, the five procedures for which information has most frequently been requested are vasectomy, breast reduction, gastric bypass, hip replacement and heart bypass surgery, HealthGrades said. The reports are based on information from more than 80 health plans on 55 million covered individuals. Go to HealthGrades list of price reports.
[ via Modern Healthcare ]