How Transparency in Healthcare Transforms Quality and Cost
Transparency empowers patients, providers, and payers. By making information more open and accessible, transparency gives these stakeholders the power to make informed decisions and drive positive change.
With recent price transparency rules implemented by the federal government, hospitals are now required to disclose their standard charges as well as negotiated rates with third-party payers.
As the drive towards healthcare transparency continues to gain momentum, it will become imperative for healthcare organizations to embrace it as a pathway to quality care and cost-conscious decision-making
Need Value-based care services in healthcare decision-making