Greater pricing transparency can impact patient engagement and patient satisfaction. Patients want easy-to-understand bills just as they want a physician provider who communicates with them openly about their health concerns. Consumers today are more likely to comparison-shop for a hospital provider if they have an insurance plan with a high deductible. We know satisfied patients […]

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What are some common sense strategies to provide greater pricing transparency? Do a thorough analysis of all charges and payer data Determine which service lines are the most profitable Determine which service lines have the strongest brand and which ones are emerging as important revenue-generators Drill down to the self-pay patient subset by service line, […]

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