Tag: Price transparency

November 29, 2022

The evolution of e-commerce – led by Amazon – has created an intensely savvy consumer population. Amazon’s platform allows users to easily compare products from different vendors to get the best price. People travel to retail stores to try on […]

November 11, 2022

Various studies and surveys by patient advocacy groups have shown recent low compliance with the price transparency rule, including among some of the biggest health systems. A recent report, however, found that hospitals may be “moving in the right direction.” […]

October 18, 2022

Initial assessments of hospital efforts to meet the new regulation were critical, and the CMS increased fines for noncompliance. An analysis from PatientRightsAdvocate.org released last week suggested problems with hospitals posting incomplete price lists. The CMS rule, which took effect […]

November 22, 2021

The Price Transparency rule is intended to help consumers know the costs of hospital healthcare services before receiving them. While providing a list of services and prices is useful, it’s only part of the solution to help patients understand what […]

January 27, 2020

The call for healthcare price transparency is growing louder, with seemingly obvious benefits. Patients, knowing what they’ll owe, can make informed decisions about their care and how they’ll pay for it. Providers can build trusting relationships and increase the likelihood […]

August 18, 2017

Despite an industrywide push to improve the patient experience, a new study found that hospitals and healthcare systems often fail to meet rapidly changing consumer demands. The report by Kaufman, Hall & Associates shows that only 8% of the 125 healthcare organizations surveyed […]

April 11, 2017

Patients in Massachusetts still have trouble accessing hospital pricing information in a timely manner, despite the fact that a state law requiring price transparency took effect more than three years ago. Only nine out of 21 hospitals in the state contacted by […]

July 27, 2016

Just seven states achieved a passing grade for making usable healthcare price information available to consumers, a new study finds. The other 43 states failed at price transparency because they didn’t collect claims data from all payers or they failed […]