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How Hospitals Approach Price Transparency
The issue of price transparency has become more prevalent in health care recently, but hospitals may have different views of the concept depending on their relative charge levels.
The ‘Lesser of’ Conundrum: Solving the Puzzle Through Payment Terms and the Chargemaster
Many commercial contracts include “lesser of” language obligating healthcare providers to accept the lower of contracted
rates or billed charges. On the surface, the language appears to be a straight forward provision. However, key differences in lesser of types and applications can result in sizable payment differences for providers.
Insights into Hospital Retail Pricing Strategies
An analysis of the retail pricing strategies of 156 hospitals and health systems points to the need for a thoughtful approach to balancing prices, costs, and operating margins.
Cleverley + Associates works with hundreds of hospitals each year to develop transparent and defensible pricing strategies (click here for more details)
Current data from CMS is available for custom comparative analyses on HospitalDx® Reports! (click here for more details)