WCRI has released the fourth edition of its Hospital Cost Index. The new study updates a recently published 33-state (including Louisiana) study with an extra year of data and the early impact analysis of major regulatory changes in North Carolina. The study, Hospital Outpatient Cost Index for Workers’ Compensation, 4th Edition, compares hospital outpatient costs across states, identifies key cost drivers, and measures the impact of reforms. The hospital outpatient cost indices compare payments per surgical episode for common outpatient surgeries under workers’ compensation from state to state for each study year and the trends within each state from 2005 to 2013. To capture only payments for services provided and billed by hospitals, the indices exclude professional services billed by non-hospital medical providers (such as physicians, physical therapists, and chiropractors) and transactions for durable medical equipment and pharmaceuticals billed by providers other than hospitals. This study also excludes payments made to ambulatory surgery centers.
Read more and purchase the study from WCRI here.