Not necessarily. Many hospitals calculate their pricing based on negotiated price contracts with insurance companies, so they can be included in larger provider networks and be paid a larger chunk of the claim. This pricing model is called Fee-for-Service. Prices may be higher as hospitals provide a larger volume of services.
More hospitals are now using value-based care pricing models. This pricing can show higher prices for some hospitals if their quality of care ratings scored higher and meet quality measures set by the government. Providers that showed improved outcomes while meeting these quality measures, will be rewarded by government bodies. Many of these providers serve in communities and to populations that need lower pricing or are on a government program, but receive high quality scores because they meet these standards.