Provider Payments Only Fall by 10.6% in Mercatus Study
By Matt Bruenig
August 15, 2018 at 09:44AM
via People's Policy Project https://www.peoplespolicyproject.org/2018/08/15/provider-payments-only-fall-by-10-6-in-mercatus-study/
"American hospitals spend 25 percent of their revenue on provider-side administrative expenses. By contrast, Canada and Scotland, both single-payer systems, only spend 12 percent. A single-payer system like Medicare-for-All would make it much easier for hospitals to do their administration because they would only have to bill the national health insurer rather than deal with all sorts of different insurers and uninsured people. If they can get their administrative costs down to Canadian levels, that would represent a cut in their operating costs of 13 percent, which is more than the 10.6 percent cut in provider payments."