An analysis of price gouging in the US healthcare system

William J. Riley, Natasha M. Coult, Kailey Love

Abstract


Increasing attention has been given to price gouging by hospitals and physicians, a practice that is related to three forms of market pricing power: price setting, price negotiating, and price taking. This paper presents a discussion of healthcare pricing patterns and their relationship to charges, payments, costs, and cost shifting. Recommendations to address price gouging in a manner that is fair to all stakeholders are proposed.


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DOI: https://doi.org/10.5430/jha.v8n6p7

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Journal of Hospital Administration

ISSN 1927-6990(Print)   ISSN 1927-7008(Online)

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