Aug 2, 2019
Despite its complexity, price transparency is here to stay. If your organization isn’t posting even basic service level costs on your website, you should begin the process now to ensure compliance with government mandates that take effect in 2020. Government regulation aside, price transparency is one more step in becoming “consumer-friendly” for patients who shoulder more of their healthcare costs.
Check out our latest Healthcare Experience podcast to hear Pattie Kloehn, CEO of HealthWide Solutions talk about price transparency. She nets out new regulatory measures and gives suggestions – including price transparency and patient financing – that will help you protect market share and even create greater consumer loyalty.
Pattie Kloehn of HealthWide Solutions explains the ever-growing importance of price transparency in her paper: The Latest 411 on Price Transparency.