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  • Title: Developing a defensible pricing strategy. Hospital pricing is a science, not an art.
    Author: Wichmann R, Clark R.
    Journal: Healthc Financ Manage; 2006 Oct; 60(10):72-4, 76, 78, 80. PubMed ID: 17040033.
    Abstract:
    A more sophisticated approach to establishing hospital pricing strategies should include: Reevaluating billing policies and processes to establish payment plans and protocols for collection. Establishing a predictable and accurate pricing schedule for all services based on variables such as market, cost, and fee schedules. Leveraging IT to guide decision making Informing hospital boards of the basis for pricing strategies.
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