Healthcare's Conundrum: Achieving Cost of Care With Price Transparency

摘要

To guide healthcare's transformation to a value-based model and address financial challenges, leaders must be able to calculate the true cost of care and achieve price transparency. In their estimable efforts to determine the accurate cost of care, some hospitals and health systems have implemented various costing systems with questionable credibility. Unfortunately, lacking accurate data, efforts to reduce costs and provide prices are seeing limited success.