Price Transparency: From Compliance to Consumerism
With the new CMS hospital price transparency rule now in effect, hospital leaders must act quickly to comply with this legislation in time to avoid penalties—which begin on July 1, 2021. In this recorded HFMA session on Price Transparency: From Compliance to Consumerism, hear strategies for how to leverage this mandate as a critical first step in your organization’s digital transformation.
In this session, our presenters share real-world examples of how providers have begun using ecommerce tools to convert price-shopping consumers into repeat patients. Watch the video to learn how to differentiate your organization from the competition to circumvent a margin-eroding race to lower service prices. Learn how eCommerce platforms such as our Shop Book and Pay™ make pricing for common procedures both transparent and easily shoppable—satisfying the CMS requirements and improving consumer satisfaction and loyalty.