Health care’s challenge to get price transparency right
Authored by RSM US LLP
What drives price transparency in health care? In an era of rising costs and diverse consumer buying preferences, the need for price transparency has taken on increasing importance for health care systems and hospitals. There are many factors driving this demand, including regulatory compliance, consumerism, value-based economics and more.
Health care providers effectively managing costs, clinical variations and patient experiences are more likely to thrive in this increasingly transparent environment. Organizations should embrace this movement and launch a comprehensive price transparency strategy to meet the growing needs of patients and the marketplace.
From revenue cycle alignment to reporting requirements, our infographic outlines the steps you need to take to get price transparency right.
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This article was written by RSM US LLP and originally appeared on 2020-08-24.
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