Patients, practice, and price transparency: The impact of disclosing healthcare costs on consumer decision-making

The introduction of price transparency mandates by the Center for Medicare and Medicaid Services (CMS) aimed to reduce healthcare spending by promoting price comparison and the selection of lower-cost providers. In this brief communication, we will discuss how consumer interests in price comparison are influenced and how price transparency is expected to impact consumer decision-making with specific examples for imaging as a shoppable service.
Source: Clinical Imaging - Category: Radiology Authors: Tags: Patients & Practice, Policy Education Source Type: research