FIERCE Webinar | Price Transparency Analytics: Impact and Readiness
July 2022, witnessed CMS’s “Transparency in Coverage” Rule come into effect, requiring health insurers, and group health plans, including self-funded clients, to provide cost-sharing data to consumers via Machine-readable files (MRF). These MRFs provide pricing data for covered items and services based on in-network negotiated payment rates and historical out-of-network allowed amounts. Although Payers intend to capitalize on this publicly available information to get a competitive edge, there are several concerns: enormous volumes of data, accessibility, and inconsistency issues in data. In this webinar, one can learn about the true potential of Price Transparency and the impact of MRF data across the healthcare ecosystem. Our industry luminaries will talk about steps payer organizations can take to improve their analytics readiness and transform operations through insights.