Do hospitals engage in price discrimination? If not, why not? How do hospitals differentiate between different types of customers? What degree or type of price discrimination is that? Considering customers are stakeholders, how do the principles of conscious capitalism apply to price discrimination?
Added by Kelly B.
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Hospitals do engage in a form of price discrimination, primarily due to the varying payment sources (insurance, self-pay, government programs) and the different negotiated rates with insurers. Show more…
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