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VHI'S 2020 HEALTHCARE PRICING TRANSPARENCY REPORT
39% OF SERVICES HAVE A GREATER THAN 10% INCREASE IN COST IN 2018
Virginia Health Information (VHI) has published its 2020 Healthcare Pricing Transparency Report. Most recent dollar amounts reported by VHI reveal the same service could cost you as much as 2-3 times more depending on where you live and where you are treated. A chest x-ray, for example, is more costly when performed in a hospital outpatient setting ($248) rather than at your physician's office ($139). Regardless of the type of setting, the Healthcare Pricing Transparency Report shows that 15 services (39%) have a greater than 10% increase in cost compared to last year.
The table below compares the median cost* by service category in 2017 and 2018:
"This year's report has expanded to allow consumers to see statewide cost ranges and provide even more detail on how much the price of an individual service can vary," says VHI CEO, Michael Lundberg. With data from 2018 claims, consumers can learn about over 35 services, including some of the most commonly performed tests, surgeries, doctor visits and emergency room care. The report is displayed as an interactive dashboard and clearly describes each service and includes potential costs by service and median costs by region. Information on how costs vary when a service is provided at an ambulatory surgical center, hospital outpatient facility, or physician office is also included.