With the clock ticking for Hospitals to put Pricing Transparency in place by July 2022 many hospitals have opted to budget paying the fine of not having a solution in place, and just worrying about it in 2023. In fact nearly 80% of the facilities surveyed reported not yet having a solution for Pricing Transparency.
There are a number of reasons to not have a Pricing Transparency solution.
The effort of building a solution is too daunting to accomplish before the deadline
Not having IT developers to build what is needed
The budget of building a solution is too expensive to work into current budget
It conflicts with strategic priorities
Maybe you just don’t agree with the regulation and are hoping it won’t be enforced, or will be overturned, or just want more time
Whatever the reason is, we sympathize. We believe the key to approaching Pricing Transparency isn't to compete with the guys down the road, we believe the right approach is to control your own Pricing Transparency approach.
Our Approach to Pricing Transparency
Unique to you
Our Pricing Transparency system is dynamic, giving patients views for the average pricing for procedures provided over the last 30, 60, 90, 180, or 365 days.
Dynamic
The cost of providing services changes almost day by day. Price Point generates dynamic pricing averages. Allowing you the ability to keep procedure pricing relative to current materials and drug costs that effect you.
Automated
Once we have deployed the Price Point system it is "set it and forget it". As patient cases occur and are billed, Price Point picks up the pricing data and processes it automatically.
Patient/User Friendly
Price Point has an easy to use widget that you can add to your website, allowing users a simple to use tool for looking at procedure pricing, cash payment discounts, deducts co-pays, etc.
Let Goldpoint Health Systems help you put Pricing Transparency in place so you can get back to providing excellent care to your patients. Contact us for more information.
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