Mayo Clinic Health System to raise rates average of 2.5 percent for 2022 in southwest Wisconsin
LA CROSSE, Wis. (WKBT) — Mayo Clinic Health System announced rate adjustments for 2022, saying that costs for services in La Crosse and Sparta will rise by an average of 2.5%.
This is the smallest rate change over the past 10 years across the system’s Southwest Wisconsin area, and the fourth consecutive year the rate change has not increased from the previous year.
Similar to last year’s rate change, the charges for some services will decline beginning in January.
Rate changes for January 1, 2020, and January 2, 2021, in La Crosse and Sparta were 2.75%.
The January 1, 2019 rate change was 3%.
The average rate change for La Crosse and Sparta between 2011 and 2021 was 3.77%.
Mark Bortnem, chief financial officer of Mayo Clinic Health System in Wisconsin, said, “Mayo Clinic Health System works to meet the needs of its patients while at the same time providing value with the care that it delivers. It accomplishes this through adhering to the health care value equation of quality plus safety plus satisfaction divided by cost of care over time, as well as being financially sustainable. This means achieving a small margin of net operating income to support investment in new services and needed capital improvements.”
Bortnem also says external cost pressures, including drug costs and shortages of health-care workers, require adjustments to charges, Bortnem said.
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