Containment of health care costs is a pressing national issue. In this
study, we examined physician knowledge of rehabilitation hospital cos
ts by quantifying their awareness of hospital charges. All physicians
at a free-standing rehabilitation hospital were surveyed. Approximatel
y one-half of the physicians responded, including 19 attending and 17
resident physicians. The survey addressed three issues: physicians' es
timate of the billing See (hospital charge to the patient) for various
items; how confident they were of the charge; and how frequently they
ordered each item. The survey listed 65 items including diagnostic te
sting, drugs, therapies, and equipment. The average error in the charg
e estimates was quite Targe, For example, it was 52, 48, and 108% for
hematologic tests, imaging studies, and pharmaceuticals, respectively.
Charges were underestimated twice as often as they were overestimated
. Physicians' confidence in their knowledge of these fees was quite lo
w. They indicated that they were guessing 80 to 90% of the time, had a
n idea of the cost for 10 to 20% of the items, and were confident in t
heir knowledge for less than 1% of the items. There were no significan
t correlations between accuracy of the charge estimates and ordering f
requency, actual charge of the item, or experience level of the physic
ians.