Nicole Longo August 2, 2023 New report: Hospitals mark up medicine prices 500% . Despite a myopic focus on drug spending, roughly 30% of every dollar spent on health care in the United States can be attributed to hospitals. Almost 4 times more is spent on hospitals than on retail prescription medicines annually, and this trend is predicted to continue...
Tag: <span>Hospitals</span>
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FBI investigating ransomware attack crippling hospitals across 4 states
This article was updated at 6:10 p.m. EST with comment from the Cybersecurity and Infrastructure Security Agency. A major hospital network with arms in multiple states is dealing with widespread network outages due to a cyberattack, which the FBI confirms is ransomware. Prospect Medical Holdings operates 16 hospitals in California, Connecticut, Pennsylvania, and Rhode Island...
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Hospitals Have Started Posting Their Prices Online. Here’s What They Reveal
July 2, 2021, 5:00 AM ET JULIE APPLEBY Many hospitals around the country, including Medstar Washington Hospital in Washington, D.C., have started sharing their prices online in compliance with a recent federal rule. Daniel Slim/AFP via Getty Images A colonoscopy might cost you or your insurer a few hundred dollars — or several thousand, depending...