Executive Order on Pricing Transparency

In June of 2019, President Trump issued an Executive Order on healthcare pricing transparency. The HHS has been directed to create regulations that will require hospitals to disclose prices in a patient-friendly format and estimate out-of-pocket costs.

Within 60 days, HHS has been ordered to propose new rules that would require hospitals to post standard charge information based on negotiated rates. Hospitals may, for the first time, be required to disclose the proprietary rates they’ve negotiated with insurers – a significant shift for the industry.

In this complimentary webinar, we’ll share analysis on how these new pricing transparency mandates would affect hospitals and provide recommendations and proactive steps hospital teams can start taking to minimize risk and ensure their pricing is compliant, transparent, and rational with negotiated reimbursement rates.

LEARNING OBJECTIVES:

• Summarize the Executive Order as well as its consequences and “what-if” scenarios
• Cover methods for proactively addressing price transparency and defensibility at your hospital
• Share recommendations on future-proofing your pricing, contracted reimbursement, and outline how Craneware can help

RECOMMENDED FOR:

• CFOs
• Leadership involved with the CDM, Revenue Cycle, Revenue Integrity or Finance

SPEAKER:

• Brian Workinger, VP of Payor and Pricing Analytics, Craneware