INNOVATION IN PRICE TRANSPARENCY
This article was excerpted from a Leadership digital exclusive. For much more, see hfma.org Leadership PriceTransparency. Showing patients how costs vary by provider and facility may not be enough to improve value across the board. But coupling new benefit and
Physician Partnerships in the Era of ACA Repeal and Replace
Bundled care for the uninsured may presents an effective solution to the looming challenges facing the healthcare industry.
What’s in Your Pricing Policy?
A recent survey reports that the majority of hospitals have formal or consistent methods for setting prices, but transparency is often missing.
Charging Appropriately for Emergency Department Visits
To determine a fair charge for an emergency department visit, a hospital or health system must separate its costs into three categories.
Tackling Preservice Pricing Plans
Despite evidence that patient demand for preservice pricing is growing, only 30 percent of patients are being offered pre-treatment cost estimates.
Augmenting Price Transparency With New Strategies
Taking the right approach to designing healthcare benefits and provider networks could enhance price transparency in a way that allows healthcare consumers to become smarter shoppers.
Identifying the Gap Between Hospital and Free-Standing Prices
One-third of healthcare finance leaders have created separate pricing for certain outpatient procedures versus inpatient procedures to mitigate volume migration from hospitals. Their greatest concerns are how low the pricing should go and how will this pricing impact the bottom line.
Demand Fuels Expansion of Tiered-Benefit Insurance Products
Stephen T. Swift of BlueCross BlueShield of Western New York writes that collaboration with local healthcare providers spawned a popular tiered-benefit insurance product.
Ask the Experts: Hospitalist Billing
What is a standard pricing methodology for hospitalists who provide both inpatient and outpatient services?
Message to Providers: Expect More Pricing Scrutiny
Healthcare finance leaders should review their organizations’ cost structure to ensure that their healthcare spending consistently adds value to patient care.