DOTmed March 20, 2023
As healthcare costs continue to rise with inflation, a patient’s need for easy and immediate access to accurate pricing of hospital and provider services is critical, placing price transparency in the spotlight.
According to Forbes, price transparency is a necessary first step toward a better healthcare system. In fact, it has become a national priority. Federal legislation and associated regulations now mandate transparent price information with a goal of adding insight, protection and fairness. This is helping patients nationwide gain digital, real-time access to accurate provider and hospital fees, the ability to anticipate the total cost of their care and determine out-of-pocket costs prior to receiving care.
Attention to price transparency comes at a critical time when many Americans are...
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