We see this in the data. Hip replacement in Boston cost $17,900 at one hospital, and at a nearby hospital, it costs $74,000 for the exact same surgery with the same Yelp reviews. Researchers have found MRI prices varying as much as nine fold within a single city. And one analysis found that 60% of insured negotiated hospital rates were higher than the hospital's own cash price. And so think about that. (15:53–16:00)
STATEMENT
Asserts that MRI prices can vary significantly within the same city.
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