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Have the Nuffield Trust not heard of Reference Costing - the process every year where all providers submit all their detailed costing information in a common format to the Dept. of Health?

In a world where prices are set centrally (based on Reference Costs) is this information asymetry really a problem? Or are the Nuffield Trust assuming that pricing will be increasingly locally determined in the future...

If you want to champion the market, information asymetry is part of the package I'm afraid.

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