Definition: The prices a hospital sets for its services. HOSPITAL COSTS (the direct and indirect expenses incurred by the hospital in providing the services) are one factor in the determination of hospital charges. Other factors may include, for example, profits, competition, and the necessity of recouping the costs of uncompensated care.
prices for services: do not confuse with HOSPITAL COSTS, expenses incurred by hosp in providing services; DF: HOSP CHARGES
Other names Hospital Charge; Charges, Hospital; Charge, Hospital
