Webinars Will Examine Price Transparency Strategies

Posted on February 11, 2021

The Centers for Medicare & Medicaid Services Hospital Price Transparency Final Rule requires hospitals to post online standard charges for 300 “shoppable” services effective Jan. 1. Hospitals and health systems need to highlight their best attributes, because the way patients shop for healthcare are expected to be similar to how they shop for other items, where differences in reliability and safety could prompt them to consider the more expensive option.

The webinar Tracking the Push for Price Transparency in Healthcare will be offered from 2 to 3:15 p.m. March 2. This webinar will outline how to redefine the consumer journey through pricing and payment, emerging ideas and practices to seize price transparency as a market opportunity, and the future power of price transparency as a potential relationship builder for consumers and patients.

The webinar Pricing Strategies in a Transparent Marketplace will take place from 11 a.m. to noon March 10. It will help participants gain a broader understanding of their organization’s competitiveness with geographical peers and freestanding markets, review the pros and cons of various pricing strategies, and analyze payer contracts to better understand restrictions.

Registration for both webinars is free of charge thanks to PARA HealthCare Analytics, an MHA endorsed business partner providing a value-based solution for the revenue cycle process. A short video about PARA Healthcare Analytics explains their pricing, coding, reimbursement and compliance services. Members with questions should contact Erica Leyko at the MHA.

Tags: webinar, CMS, price transparency, PARA HealthCare Analytics, shoppable services

Posted in: Member News

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