Abstract:Using commercial claims for 2012-2013 from Colorado's All-Payer Claims Database, we examine how medical service prices vary for five hospital-based procedures and the complexityadjusted inpatient price. We find that prices vary substantially in multiple dimensions. Our analysis indicates that there is significant price variation across payers for the same service in the same hospital. If prices converged to the lowest rate each hospital receives, commercial expenditures would fall by 10-20%. The share of overa… Show more
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