CAHP Press Release – ICYMI – Los Angeles Times: Leaked SoCal hospital records reveal huge, automated markups for healthcare

In a recent Los Angeles Times column, David Lazarus points out a disturbing practice among hospitals in California and across the country to markup drug and treatment costs on patient bills that reach upwards of 575% to 675%. These markups are so common, they are “automatically generated by the hospital’s software…Call it institutionalized price gouging,” Lazarus says.