05-08-2013, 05:54 PM
Lemon Drop wrote:
Newly released data about what hospitals around the country are billing for identical procedures. In some cases, hospitals in the same city have a price difference of $100K, for the same procedure.
I believe the appropriate term is, charging "what the traffic will bear."
Barron's Business Dictionary:
A policy of charging to the limit that customers will pay. Discussed in connection with products that seem to be overpriced.