Ascension Wisconsin Hospitals to Raise Prices 4.6%

Ascension Wisconsin is repeating its price-increase decisions of a year ago by increasing list prices for room and board at its southeast Wisconsin hospitals an average of 4.6% starting July 1, the Milwaukee Business Journal reports.

The increase will help cover the rising cost of care due to inflation, which climbed above 8 percent in April, an Ascension Wisconsin spokesperson said. Price notice increases at the hospitals also cited reduced reimbursement rates from government programs and expenses related to bad debt and charity care. Read more.

Total
0
Shares
Related Posts
Read More

MedPAC in no Rush to Recommend Major Hospital Medicare Payment Increases Despite Industry Pleas

In an accompanying letter to Congress, MedPAC Chair Michael Chernew, Ph.D., said “the Commission is acutely aware of how providers’ financial status and patterns of Medicare spending varied in 2020 and 2021 from historical trends, as well as the higher and more volatile increases in input costs for several health care sectors that occurred during 2022.”