MedCity News March 13, 2023
Kyle Kiser

Price transparency has come a long way over the past couple of years, with insurance companies and hospitals now required to publicly disclose their prices. The more pressing issue is that there is no mechanism in place to make this information easily digestible, personalized to each patient, and placed in context with competitors’ prices.

More than a decade after the Affordable Care Act was signed into law, U.S. healthcare costs continue to spiral at rates unseen in the rest of the developed world.

But while healthcare costs overall are escalating, there are some signs of hope in the world of prescription drugs. Patients can often save significant amounts of money on prescriptions, but many are either unaware of that fact...

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Topics: Biotechnology, Healthcare System, Insurance, Patient / Consumer, Pharma, Pharma / Biotech, Physician, Pricing / Spending, Provider
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