(Andrew Rice, The Center Square) The price for the same prescription drug in different hospitals nationwide could have more than a $10,000 difference, according to a new report.
A report from 3 Axis Advisors used publicly available hospital data to analyze the cost differential between the same generic prescription drugs in hospitals across the country. It found a 2,347x differential between the minimum and maximum prescription drug prices in some cases. This means one insurance company could pay $1 for a prescription drug while another could pay $2,347 for the same drug purchased at a different hospital.
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