In a new policy brief, America’s Essential Hospitals examines the complicated issue of price transparency and how to ensure patients receive clear, usable information on health care costs.
As federal and state policymakers continue to focus on health care, they increasingly are highlighting the importance of accessible information on price and other elements of health care for patients. Essential hospitals are in a unique position to inform this conversation, as they understand the importance of sharing relevant and accurate information in a culturally and linguistically competent way to empower patients to make informed decisions about their care.
The brief outlines the federal, state, and administrative landscapes and ways that essential hospitals are leading the way in price transparency efforts.
- Price transparency is a complicated issue; many stakeholders must work together to ensure patients receive clear, usable information on health care costs.
- Federal and state policymakers have shown interest in increasing price transparency through various policy levers to aid patient in making health care decisions.
- Essential hospitals excel at providing meaningful cost information to their patients in a culturally and linguistically competent way.