Are Your Hospital Outpatient Department Costs Too High? A Doctor's Office May Help

Common procedures may cost less at ambulatory surgery centers or doctor offices than at hospitals, study finds.

Surgical instruments, stethoscope in a bowl.
(Image credit: Westend61, Getty Images)

Common medical procedures can cost as much as 58% more at hospital outpatient departments (HOPDs) than they do at ambulatory surgery centers (ASCs) or doctor offices, according to a new Blue Cross Blue Shield (BCBS) study.

HOPD prices have also annually increased faster than those at doctor offices or ASCs, according to the study, which was conducted by BCBS licensee Blue Health Intelligence.

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Joey Solitro

Joey Solitro is a freelance financial journalist at Kiplinger with more than a decade of experience. A longtime equity analyst, Joey has covered a range of industries for media outlets including The Motley Fool, Seeking Alpha, Market Realist, and TipRanks. Joey holds a bachelor's degree in business administration.