Price variance is the term used to describe price differences for the same medical procedure from one facility to another. Customers expect pricing to be consistent. Imagine the controversy if residents of California were expected to pay 400 times more for a gallon of gas than those in New York were expected to pay!
The secret to eliminating price variance in healthcare is in price transparency. HealthCost.com shows you actual costs for actual procedures. Using data from HealthCost, below are five of the most cost variant procedures in the United States.