The Buckeye Institute: Higher Hospital Costs Lead to Higher Prices
In a new policy memo, How Higher Hospital Costs Lead to Higher Prices, The Buckeye Institute outlines one of the largest single drivers of healthcare costs—rising hospital costs. In his memo, Rea S. Hederman Jr., executive director of the Economic Research Center and vice president of policy at The Buckeye Institute, notes that hospital costs account for 30 percent of all healthcare spending. Hederman urges “hospitals—and the policymakers that help oversee them” to “look for ways to control spending and alleviate known causes of higher costs.”