Did you know that there can be significant unexplained variation in the cost of the exact same procedure across your patient population? For example, a recent study identified that Blue Cross Blue Shield paid $11,317 for total knee replacements in Montgomery, AL, but the very same procedure cost the payer $69,654 in NYC. Even more startling were differences within the same metropolitan market, where a total hip replacement in Boston ranged from $17,910 to almost $74,000 —- a 313% difference.Read More