Comment on N.J. nurses vote to strike, reject hospital’s settlement

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jeffw@lemmy.world ⁨1⁩ ⁨year⁩ ago

Currently studying this. It depends on your payer mix. Medicare and Medicaid never negotiate. Insurers will negotiate reimbursement rate to docs/hospitals, depending on the situation. If one insurance company dominates the market, they won’t negotiate. Why would they? They insure 80% of a city, what can a hospital do? Refuse patients on that plan? Then they lose access to 80% of potential revenues

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