NewYork-Presbyterian Hospital Price List
nyp.org
nyp.org
This appears to be a little different bc it looks like they are listing an insurer-specific (e.g., an Aetna negotiated price). That would be very very unusual.
However the caveat on the linked page suggests that maybe that data isn’t what it appears to be.
Regardless, this kind of price transparency (even if the negotiated prices are available) is not obviously something which is going to bring prices down.
According to the spreadsheet, Aetna is always paying 100% of list, and SEIU 1199 is always paying exactly 50%.
Most of the other private providers are listed with almost-flat discounts (85% for CHP, 71% for Empire, 60% for Healthfirst) with a handful of operations at other price points. Cigna has a little more variety but is mostly listed at 51%.
Only Emblem shows real variety across the board, with prices listed from 21.9% to 174%. It also has the lowest mean/median, at 45% and 34% respectively.
I know from personal experience that Aetna does have negotiated rates with NYP, and the flat discounts for all providers other than Emblem are also suspicious.
> Major Hip And Knee Joint Replacement Or Reattachment Of Lower Extremity Without Mcc
These aren’t shoppable services...
Columns H through AI represent the negotiated insurance rates or agreed schedules. AJ represents the lowest negotiated charge for that service across all providers.
Interesting reading, really. Aetna largely seems to pay retail, whereas others like Cigna and Emblem are getting "decent" discounts. Also provides a good basis for negotiation if you're a cash payer. "I can pay your minimum negotiated charge for this, or I can dispute it during collection"
But even still, these prices are ridiculous even after negotiation and are indicative of a broken system. For what it's worth, hospitals aren't charging these fees because they're profiting; many of them are struggling to stay in the black.
(I used to run appsec at a healthcare best practice and advisory firm. A lot of my background on this was absorbed through osmosis, though I can't say I'm an expert)
The real costs we are missing is the prices insurers pay for procedures by billing code and provider.
That's different from what insurers pay out by procedure to providers.
Common misconception.
The only thing I can think of is you are looking for the split of the negotiated amount paid by the insurer vs the patient. This of course can vary based upon the particular level of coverage the patient has with the insurer.
What I am asking for is completely different.
I want to know what insurers pay out by procedure code by provider. There's a reason why insurers lobbied against providing this information under this law.