“The whole idea is to make it a retail approach so that you know up front exactly what the required cost will be,” Francine Botek, the network’s vice president for finances, told The Express-Times.
The online tool, called PriceChecker, provides patient costs for common procedures such as colonoscopy and lumpectomy, as well as arthroscopic surgeries.
The online tool is available for Pennsylvania patients. Although anyone can access the information, the prices do not apply to those on Medicare or Medicaid.
To access the St. Luke’s new tool visit http://www.pricechecker.slhn.org.
More articles on healthcare finance:
5 hospitals with strong finances
5 healthcare CFOs in the headlines
Texas hospital files for bankruptcy, blames insurers for troubles
Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit