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Association Between Hospital Monopoly Status, Patient Socioeconomic Disadvantage, and Total Joint Arthroplasty Price Disclosure. (J Am Acad Orthop Surg)
Summary: The study found that hospitals in higher socioeconomic disadvantage areas were more likely to disclose prices for total joint arthroplasty, while hospitals considered monopolies or for-profit were less likely to do so.
When accounting for both socioeconomic disadvantage and monopoly status, hospitals with patients in higher socioeconomic disadvantage areas were more likely to disclose prices for total joint arthroplasty, whereas for-profit hospitals or hospitals considered monopolies
were less likely to disclose prices. This has implications for Medicaid as it suggests that patients in socioeconomically disadvantaged areas may have better access to price information.
However, patients in hospitals considered monopolies or for-profit may have less access to price information, potentially leading to higher healthcare costs.
Date of Publication: 2023 May 18
pubmed.ncbi.nlm.nih.gov/37205874
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