HealthExec January 5, 2024
Dave Pearson

Both providers and payers upped their game on price transparency in 2023.

The year closed with almost 91% of affected hospitals posting machine-readable files, while the number of payers posting data rose from 67 to more than 200.

The progress gets fleshed out in a report published Jan. 4 by the healthcare software supplier Turquoise Health.

The company also notes that, as of Dec. 15, 83% of hospitals were sharing negotiated rates online.

Some 562 hospitals entered the posting arena in 2023, bringing the total to 6,357 hospitals (out of around 7,300 active hospitals in the U.S.), according to data reported by Turquoise.

Here’s the breakdown of hospital counts with type of rates posted.

  • 5,763 hospitals (90.7%) have posted...

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Topics: CMS, Govt Agencies, Health System / Hospital, Healthcare System, Insurance, Payer, Pricing / Spending, Provider, Survey / Study, Trends
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