With the ever-increasing political and regulatory pressure surrounding healthcare costs and the growing demands of price-conscious consumers, hospitals need to address the pricing transparency challenge by understanding these 4 key steps:
- Step 1: Price Optimization
- Step 2: CMS Requirement 1 Compliance
- Step 3: CMS Requirement 2 Compliance
- Step 4: The Patient Interface
to help ensure compliance and improve patient satisfaction.
Source: Healthpayer Intelligence