When we launched our healthcare price transparency offerings in 2021, the only pricing data available was from hospitals, as they were the only group CMS required to publish prices at that time. Since July 1, 2022, however, payers (that is, insurance companies) have also been required to make pricing data available to the public. We’re…
Category: Blog
How Cincinnati Children’s Hospital Is Using Price Transparency Data: 4 Use Cases
Access to price transparency data has been transformative for Cincinnati Children’s Hospital. That was the biggest takeaway from a recent conversation we had with Tiffany Walberg, director of pricing and reimbursement analysis at Cincinnati Children’s. She’s been using pricing data provided by Healthcare Data Analytics for more than a year now; in that time, she’s…
The Importance of Price Transparency for Hospitals
Healthcare pricing and costs can be an overwhelming topic, but it’s important to understand the impact of price transparency in the United States healthcare system. With Healthcare Data Analytics, Inc., hospitals can gain access to insights about pricing practices among their competitors as well as around the country. With our analytics capabilities, they can make…
3 Ways Hospitals Can Use Our Data to Benchmark
Competitor price research is an essential part of keeping any business competitive. But for hospitals, that research has historically been difficult. The CMS’s Hospital Price Transparency Rule is changing that: now that hospitals are required to post their prices publicly, it’s easier for operators to see what their competitors are charging and use that information…