Ep. 469 Price Transparency in Healthcare with Dr. Keith Smith
BackTable Vascular & Interventional
Challenges of Price Transparency in Healthcare
This chapter examines the Price Transparency Act of 2021 and its unintended consequences, particularly for smaller hospitals. It discusses the shift in focus from actual service costs to out-of-pocket expenses for patients, advocating for a competitive healthcare market. Through anecdotes and examples, the speakers highlight the complexities of surgical pricing and emphasize the need for clear cost assignments to enhance patient access and affordability.
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