Software Advice October 14, 2019
This year, President Trump signed an executive order directing federal agencies to create new rules and issue guidance for healthcare providers around price transparency.
The goal of the order, which came after several other related rules—such as the new requirement that drug manufacturers disclose pricing information in advertisements—is to more clearly communicate the cost of medical care to patients so pricing can help better inform their decisions regarding treatment.
The move to make healthcare pricing more transparent and protect patients from receiving unexpected medical bills is supported by representatives on both sides of the aisle, so it’s very likely that we’ll see new legislation around these efforts very soon.
Practices that prepare for the change before it’s mandated will gain...
Today's Sponsors
Today's Sponsor