A lack of price transparency is failing patients. Without it, patients cannot seek out the highest quality healthcare at the lowest cost, and doctors and administrators can’t make cost-conscious decisions.
The cost of health care in the United States remains a challenging puzzle for patients and providers. Absent of clear, easy-to-understand pricing guidelines that span across state lines, many struggle to determine the actual price of a medical procedure.
Technology can transform data into actionable insights for providers needing to meet the demands of value-based care and consumerism in healthcare.