Modern Healthcare August 17, 2019
Mayo Clinic is in a period of transformation as it catapults its flagship Rochester, Minn., campus into a hub of economic development and reacts to the continued pressures facing rural healthcare. Amid all that, the system’s leadership is figuring out how the Trump administration’s latest proposed rule on price transparency, which would require hospitals to post their negotiated rates, will affect Mayo and, ultimately, patients. Modern Healthcare finance reporter Tara Bannow interviewed Mayo’s chief financial officer, Dennis Dahlen,to discuss his mixed feelings on the latest price transparency push, among other front-and-center issues. The following is an edited transcript.
MH: What’s your perspective on the Trump administration’s proposal on price transparency?
Dahlen: Price transparency is certainly worth pursuing. It’s one element...