Advisory Board July 27, 2020
In recent years, there has been a push for more transparency in health care around the prices patients pay to receive care. In June, a judge from the U.S. District Court for the District of Columbia rejected a lawsuit filed by a coalition of hospital groups arguing a 2019 CMS rule requiring hospitals to publish the prices they negotiate with insurers is “unlawful.”
In this episode of Radio Advisory, host Rachel (Rae) Woods sits down with Advisory Board’s finance expert Robin Brand to discuss that ruling and talk about why hospital leaders are opposed to price transparency, how they can begin to think about price transparency, and why a focus on patient financial experience is so important.
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