PK Son of CERN. A hodgepodge of what he reads and otherwise finds of interest.
Wednesday, August 28, 2013
All About IV Administration
The 10,000 Percent Solution. Huge markups on IV bags show how secrecy helps keep health prices high. (The New York Times, 8/26/2013)
Sorry, I can't provide a link today as I'm still unable to access the Times website. (Syrian group cited as New York Times outage continues. CNN, 8/28/2013)
Average manufacturer's price of IV bag: In a range from 44 cents to $1.
In her research, reporter Nina Bernstein found markups on some patients' bills as high as 200%.
Not to mention separate charges for "IV Administration" and/or "IV Therapy".
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