Finally, a simple solution to confusing healthcare prices
As hospital systems search for ways to increase price transparency, a tool that already exists could help demonstrate value to their customers. Read more at MarketWatch.
Consumers have become accustomed to comparison shopping online to get the best prices for everything from a pair of Levi’s to a transatlantic flight.
That transparency, which works well for companies including Amazon, has yet to transfer effectively to the world of health-care prices, where bills for such things as the $629 Band-Aid and the $15 Tylenol pill can leave the average person in sticker shock.