Report: Healthcare costs vary by region, so solutions must vary too
November 12, 2018 / Paige Minemyer
As industry stakeholders look to drive down rising healthcare costs, a consistent trend emerges Geography matters, and it causes significant variation. Tracking regional differences is crucial to ensuring all valuable voices are brought to the table to address the issue, according to a new report (PDF) from the Network for Regional Healthcare Improvement. NRHI tracks healthcare costs across six benchmarking areas: Colorado, Utah, Oregon, Maryland, Minnesota and St. Louis, Missouri. In Maryland, for example, costs for patients with private insurance were 20% lower than the national average in 2016, while in Colorado costs were 19% higher than average that year.