January 9, 2024 – The Nationwide Academy for State Well being Coverage (NASHP) launched an replace to its Hospital Price Instrument with 2022 knowledge and new statistics on hospital labor prices. In consequence, customers of this publicly accessible device can entry hospital value knowledge reminiscent of working revenue margins, cost-benefit ratios, breakeven factors and extra for about 4,600 hospitals for the interval 2011 by 2022.

As well being care spending rises, with nearly all of spending constantly on hospital care, state leaders are in search of assist to raised perceive and deal with these excessive and rising costs and related prices. The hospital value device was developed as a part of NASHP's Heart for Well being System Prices, which focuses on supporting states in reaching higher affordability to make sure customers have entry to complete, high-quality well being care.

States actively utilizing the Hospital Price Instrument to tell state coverage efforts embrace Texas, Indiana, and Rhode Island

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