Price Transparency in Healthcare

Building a Scalable Strategy for Creating Credible, Defensible Patient Bill Estimates

Healthcare price transparency is a hot topic. As transparency and cost/quality comparison information becomes available to patients, we need to recognize the significant impact the perception of cost difference has on consumers, and be ready to assist patients who may be shopping to find the right fit for their healthcare needs. David Dyke, RelayHealth’s VP of Revenue Cycle Solutions, discusses the importance of having a scalable estimation strategy to meet growing demand, and outlines RelayHealth’s Estimation Maturity Model, which can help hospitals assess where they are today and identify a plan of progress.

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