Twelve of the nation's 100 most expensive hospitals are located in California, according to a study by the Institute for Health & Socio-Economic Policy, Payers & Providers reports.
The institute is affiliated with National Nurses United.
Details of the Report
For the study, researchers used data from Medicare cost reports released by CMS (Payers & Providers, 1/9).
According to the report, the most expensive California hospital is Olympia Medical Center in Los Angeles, which charges 1,034% more than its actual care costs. Olympia ranks 13th nationwide.
The other 11 California hospitals included in the report are:
- Barstow Community Hospital, which charges 872% more than actual costs;
- Centinela Hospital in Inglewood, which charges 773% more than its actual costs;
- Community and Mission Hospital of Huntington Park, which charges 783% more than actual costs;
- Doctors Hospital of Manteca, which charges 967% more than actual costs;
- Doctors Medical Center of Modesto, which charges 957% more than actual costs;
- Lodi Memorial Hospital, which charges 811% more than actual costs;
- Los Alamitos Medical Center, which charges 782% more than actual costs;
- Monterey Park Hospital, which charges 860% more than actual costs;
- Providence Holy Cross Medical Center in Mission Hills, which charges 809% more than actual costs;
- Regional Medical Center of San Jose, which charges 804% more than actual costs; and
- Twin Cities Community Hospital in Templeton, which charges 813% more than actual costs (IHSP Report, 1/9).
Ten of the 12 California hospitals on the list are owned by for-profit companies or hospital chains (Payers & Providers, 1/9).