Bigger, more expensive healthcare practices not necessarily better

From Reuters:

You might not get what you pay for when it comes to healthcare, a new study suggests.

A report in Health Affairs found little association between how much physician practices charged and patients’ perceptions of their quality of care.

“We’re asking consumers to make a lot of decisions about healthcare purchasing without a lot of information. Price is not really a definitive signal of quality,” said lead author Eric T. Roberts, a health-services researcher at Harvard Medical School in Boston.

“Practices with higher prices perform no better in terms of patients’ ratings of their care,” he said in a phone interview.

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