Even within the same city, hospitals can charge wildly different prices for similar care. We used Amino's Facility Cost Ratings™ — dollar signs that help employees identify cost-effective hospitals — to find the five most and least expensive hospitals in the New York City metropolitan area. Below is a peek into our data.
The most expensive hospitals
These five hospitals have the highest Facility Cost Rating™ in the New York City area, averaged across all insurers. Interestingly, the most expensive hospital has an F safety grade. Across the board, we found that there's no correlation between cost and quality.
The least expensive hospitals
These five hospitals have lowest Facility Cost Rating™ in the New York City area, averaged across all insurers. Two out of five have a D safety grade.
How we rate hospitals by cost
Amino’s Facility Cost Ratings™ are an easy to understand, symbolic system of dollar signs ranging from one dollar sign denoting “inexpensive” to four dollar signs denoting “expensive.”Facility Cost Ratings™ appear on the profiles of all facilities (hospitals, imaging centers, and urgent care centers) in our Amino's healthcare transparency product.
The Facility Cost Ratings™ you see in this post are averaged across all insurers. On Amino, employees see Facility Cost Ratings™ specific to their network and plan.