SUNY Downstate Health Sciences U partnership aims to improve price transparency

SUNY Downstate Health Sciences University in the Brooklyn borough of New York City has partnered with Mishe, a healthcare platform aimed at eliminating provider and payer barriers, to improve price transparency by launching Downstate’s Transparent Access Plan.

Advertisement

Mishe’s platform runs public and private health plans of all sizes by reworking the revenue cycle to allow provider same-day payment and cost savings for self-funded patients and employers, according to a March 28 news release.

“Mishe’s network allows Downstate to extend its reach and provide accessibility to employers and individuals not covered by insurance or eligible for state programs,” Sean Smith, CFO of University Hospital at Downstate, said in the release.

The plan makes the hospital system the first in the U.S. to share transparent and upfront pricing for its inpatient and outpatient healthcare services.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Download Whitepaper

The cost-saving opportunity most health systems overlook

Many hospitals and health systems scrutinize staffing, service lines, and payer contracts for savings. Fewer look at one of their largest assets: real estate.…

Advertisement

Next Up in Financial Management

Advertisement

Comments are closed.