The Washington Post writes of a study published this week in the Journal of the American Medical Association (JAMA) that found surgical complications can be incredibly profitable for a hospital. A surgical complication increases a procedure’s average contribution margin by 330 percent for the privately insured and 190 percent for Medicare patients, according to the study.
- Read full news item in Washington Post::http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/16/when-your-surgery-goes-wrong-hospitals-profit/
- Read full study: Relationship Between Occurrence of Surgical Complications and Hospital Finances , JAMA, April 17, 2013, Vol 309, No. 15