Question: Read: What Does Knee Surgery Really Cost? Few Know, and thats a Problem for Health Spending Wall Street Journal August 22, 2018 In your own

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What Does Knee Surgery Really Cost? Few Know, and thats a Problem for Health Spending Wall Street Journal August 22, 2018

  1. In your own words, explain what has happened over time with the prices of health care-related services like surgical procedures.
  2. What pricing strategy have hospitals traditionally used to set the prices of procedures like knee replacements?
  3. What alternative pricing strategies might hospitals use to price procedures like knee replacements?
  4. Offer at least two recommendations that you believe could help reduce the cost of health care services in the U.S. please answer the questions.

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