HFMA Executive Roundtable: Provider Views -and Strategies- for Price Transparency
Healthcare executives share their strategies and challenges for collecting and communicating pricing information to the consumer.
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HFMA Roundtable: Are You Ready for Pricing Transparency?
This reports is a based on a roundtable discussion with healthcare finance leaders on the challenges, benfits, and impact hospital's face when implementing price transparency.
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The Opportunity of Price Transparency
Price transparency provides patients with estimates of their out-of-pocket expenses for medical procedures. Barriers to price transparency at the payer, provider, and the patient level are discussed.
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What's Your Strategy for Developing Rational Pricing?
Traditional means for developing pricing strategies, such as charge payer utilization and contract terms, may not effectively cover cost. Many health care providers are taking a hybrid approach, known as rational pricing; this strategy allows hospitals to base prices on cost, consider market factors, address contractual considerations, and present a process able to withstand public scrutiny.
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HFMA Roundtable: A Strategy for Defensible, Sustainable Prices
Pricing strategies that do not take into account all relevant factors can be costly mistakes. Healthcare providers, consultants, and an attorney discuss pricing models that are both defensible and sustainable.
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Strategic Price Setting: Ensuring Your Financial Viability Through Price Modelling
Strategic price modeling can be a highly effective strategy for hospitals in today’s market. Through strategic, appropriate pricing, healthcare institutions can boost their revenue, fund greater access to capital, and remain financially viable.
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Making Prices Make Sense: A Balanced Approach to Defensible Prices
Increasing scrutiny by consumers, payers, the courts, and regulatory agencies is leading health care providers to employ a new pricing strategy: defensible price modeling. Major elements in this process include costs, comparative market data, and reimbursement.
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HFMA Roundtable: Providing Meaningful Pricing Information
This article is based on a roundtable discussion with senior healthcare finance executives discussing their hospital's efforts in providing patients with accurate and meaningful pricing information.
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