Based on a recent Capitol Hill hearing, hospital price reform could come in some way to healthcare soon.

About The Podcast:

Millions of Americans feel confused and frustrated in their search for quality healthcare coverage.

Between out-of-control costs, countless inefficiencies, a lack of affordable universal access, and little focus on wellness and prevention, the system is clearly in dire need of change.

Hosted by healthcare policy and technology expert Marc S. Ryan, the Healthcare Labyrinth Podcast offers accessible, incisive deep dives on the most pressing issues and events in American healthcare.

Marc seeks to help Americans become wiser consumers and navigate the healthcare maze with more confidence and certainty through The Healthcare Labyrinth website and his book of the same name.

Marc is an unconventional Republican who believes that affordable universal access is a wise and prudent investment. He recommends common-sense solutions to reform American healthcare.

Tune in every week as Marc examines the latest developments in space, offering analysis, insights, and predictions on the changing state of healthcare in America.

About The Episode:

On this episode, Marc discusses hospital price reform. Based on a recent Capitol Hill hearing, site neutral payments and other hospital price reform could come in some way to healthcare soon.

Key Takeaways:

While other entities in healthcare have faced price reform, hospitals largely have been untouched over the years due to their powerful lobby.

Hospitals are about one-third of all healthcare payments.

But a recent Capitol Hill hearing signaled that price reform could be coming to hospitals too.

Recent studies have shown that hospital prices are driving overall healthcare costs and that efficient hospitals can make money at Medicare rates.

Consolidation in the hospital industry, too, is driving up prices.

Support for site neutral payment reform is growing on Capitol Hill.

For the first time, hospitals have signaled that some reform may be merited if done judiciously.

Given major cuts coming to the healthcare industry impacting providers, caution is merited.

But tackling price reform throughout healthcare, especially with hospitals, is important.

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The Healthcare Labyrinth: A Guide to Navigating Health Plans and Fixing American Health Insurance