Highlights from this week's Healthcare Transparency News, Studies, and Articles:
The Biggest Challenge in U.S. Healthcare – Becoming a Retail Industry
[By: Paul Keckley, Ph.D., Navigant Healthcare]
“…U.S. healthcare is shifting from manufacturing to retail. There’s no questioning the trend: the issues are how the system makes the transition from manufacturing to retail. The five near-term challenges facing us need consideration in the context of the eventuality of a B2C future for healthcare.”
Starts Now: Healthcare Cost Transparency Project
[By:
MedPage Today teams up with ClearHeathCosts.com
All-payer claim database legislation signed into law (Washington)
[By: , State of Reform]
“Last week Governor Inslee signed SB 5084 into law, which will move forward the all-payer claims database in Washington state. This database is intended to improve health care cost and quality transparency by appointing a lead organization to compile and distribute Medicaid and commercial claims data.”
Proposed monthly cap on patient drug costs survives Assembly hearing (California)
[By: , The Sacramento Bee]
“The measure put on hold – Assembly Bill 463, by Assemblyman David Chiu, D-San Francisco – would require pharmaceutical firms to disclose the costs and profits of any drug or course of treatment that costs more than $10,000 annually.”
Major out-of-network health care reform bill in the works (New Jersey)
[By: Andrew George, NJ Biz]
“Lawmakers will introduce a major health care reform measure Thursday that will attempt to regulate and bring transparency to out-of-network charges.”
MDsave Poised to Expand Affordable Medical Treatments With $12 Million Investment from MTS Health Investors
[By: PRNewswire]
Study: Healthcare must upgrade billing systems to avoid poor ratings
[By: , Healthcare Finance]
“…according to a 2015 survey by PCW’s Health Research Institute… More than 31 percent of [respondents] said they were dissatisfied with the transparency of billing and payment from hospitals…”
Revenue cycle tips: Improve customer service, boost collections
[By: , Healthcare Finance]
“…As patients increasingly shop around for the lowest-cost services with the highest-quality outcomes, Austin Kirkland, founder of Outperform, LLC, said it would be important to provide data about a service’s costs, patient deductibles and co-pays, as well as healthcare spending trends and total spending – all on demand. ”
Price Transparency: A Rosetta Stone
[By:
Arizona woman’s outpatient surgery bill an eye-popping $38,000
[By: AZCentral.com]
Contact us with your news story at news@newchoicehealth.com
