Thursday, January 9, 2014

Study: 12 of the Most Expensive U.S. Hospitals Are Located in Calif.

Twelve of the nation's 100 most expensive hospitals are located in California, according to a study by the Institute for Health & Socio-Economic Policy, Payers & Providers reports.

The institute is affiliated with National Nurses United.

Details of the Report

For the study, researchers used data from Medicare cost reports released by CMS (Payers & Providers, 1/9).

According to the report, the most expensive California hospital is Olympia Medical Center in Los Angeles, which charges 1,034% more than its actual care costs. Olympia ranks 13th nationwide.

The other 11 California hospitals included in the report are:

  • Barstow Community Hospital, which charges 872% more than actual costs;
  • Centinela Hospital in Inglewood, which charges 773% more than its actual costs;
  • Community and Mission Hospital of Huntington Park, which charges 783% more than actual costs;
  • Doctors Hospital of Manteca, which charges 967% more than actual costs;
  • Doctors Medical Center of Modesto, which charges 957% more than actual costs;
  • Lodi Memorial Hospital, which charges 811% more than actual costs;
  • Los Alamitos Medical Center, which charges 782% more than actual costs;
  • Monterey Park Hospital, which charges 860% more than actual costs;
  • Providence Holy Cross Medical Center in Mission Hills, which charges 809% more than actual costs;
  • Regional Medical Center of San Jose, which charges 804% more than actual costs; and
  • Twin Cities Community Hospital in Templeton, which charges 813% more than actual costs (IHSP Report, 1/9).

Ten of the 12 California hospitals on the list are owned by for-profit companies or hospital chains (Payers & Providers, 1/9).

Source: California Healthline