Better population health begins with price transparency

In a recent blog post, Medecision released Part 1 of its three-part blog series. 

This three-part blog series will cover topics of importance regarding population health initiatives in the U.S. today, and show examples of organizations that are successfully incorporating population health programs to improve care quality and reduce healthcare costs. Below, Part 1 is authored by Don Casey, MD, MPH, MBA, Senior Vice President and Chief of Clinical Affairs at Medecision. 

Addressing the growing prevalence of chronic illness and continually rising costs in today’s U.S. health system isn’t easy. Fortunately, population health initiatives that aim to improve care quality while driving down the cost of care are changing the outlook.

One increasingly urgent concern and key challenge that needs to be addressed is price transparency.

Whether purchasing health insurance or obtaining clinical care, patients want to know how much it’s going to cost. While this is often attributed to the effects of consumerism, the reality is that consumers understand the importance of price transparency and know that inquiring about the price of a service up front isn’t asking too much.

Editor's note: this blog post originally appeared on Medecision's website

To view the full post, please click here

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