Baylor St. Luke Medical Center has built a reputation as a provider of high quality medical care, ranking #3 in the state and #2 in Houston on U.S. News and World Reports list of top hospitals. It also tends to provide this care at lower prices than its competitors, according to a hospital cost database.
In most industries, this combination – high quality at reasonable prices – would mean success. But not in health care. The most recent public data shows Baylor St. Luke’s is losing money, attracting fewer patients than its bigger, more expensive and, in some cases, lower-ranked rivals.
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