Healthcare policy

Countdown to CMS price transparency — is your organization ready?

A new price transparency rule from CMS intended to lower healthcare costs by enabling consumers to proactively shop for care will go into effect in less than 12 months. While meeting the new requirements is no small task, providers can leverage consumer engagement tools to empower and educate patients about their financial responsibilities and even turn compliance into a competitive advantage. During a webinar on February 12, Cedar product and design experts presented an executive primer on the rule and shared a perspective on how to implement an effective price transparency and patient engagement solution. Read the full recap article on Becker’s Hospital Review.

Tags: CMS, Price Estimates, Healthcare Consumerism, Price Transparency, Patient Access