New measures are cropping up all over the US to force more pricing transparency among healthcare providers, although their passage has only seen mixed success.
Health care price transparency is a hot topic in state legislatures and in the health care industry itself. New measures are cropping up all over the US to force more pricing transparency among health care providers, although their passage has only seen mixed success.
Essentially these bills require providers to release some information about the general cost of a procedure ahead of time so that patients can put together a ballpark figure of cost. However, once these prices are out in the open, the wild disparities between health care providers are too. This can create a tough situation for providers, who then have to justify elevated price tags.
CivSource previously reported on a bill of this type which failed in Arizona, even after a series of investigative reports about hospital transparency overall done by the Las Vegas Sun. Now, North Carolina is stepping up to the plate, and has passed a bill that aims to insert more transparency into health care prices in that state.
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