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Member, Beacon International Group, Ltd.
The health plan and hospital price transparency landscape is “moving past the point of reluctant acceptance” as more health care organizations become compliant and vendors look to build on the available data, new research shows, reports Fierce Healthcare. Nearly 5,400 hospitals, or 84% of the roughly 6,400 applicable hospitals, have posted a machine-readable file with pricing data as of the end of Q1 2023, according to Turquoise Health, a price transparency data startup. About 4,700 (74%) posted data negotiated rates, more than 4,500 (71%) have posted cash rates and over 4,600 (75%) have surgery rates available online.