I thought medicare reimbursement is relatively fixed, with minor fluctuations based on geography and some hospital-specific practices? Based on a rough glance at the data, it seems like medicare reimbursement is only loosely correlated with the cost numbers, so I don't know how much raising prices would increase their Medicare revenue.
Also, from what I've learned about elderly care, Medicare reimburses a care center a fixed amount ($5000/mon/patient in California) regardless of the severity of the case. I'm assuming this number varies a bit too even in the same region.
As a side note, if you click on any of the prices in the map, it'll show you medicare's reimbursement rates too. Should've made that feature more clear--it's rather important.
Also, from what I've learned about elderly care, Medicare reimburses a care center a fixed amount ($5000/mon/patient in California) regardless of the severity of the case. I'm assuming this number varies a bit too even in the same region.
As a side note, if you click on any of the prices in the map, it'll show you medicare's reimbursement rates too. Should've made that feature more clear--it's rather important.