Perspective

Leveraging Pricing Data to Gain a Competitive Advantage

The price transparency rules that took effect in 2021 (providers/hospitals) and 2022 (payers) will disrupt the dynamics of the healthcare market. Whether you view that as an opportunity or another regulatory requirement depends on how you view the value of the data, it will yield. Every stakeholder in the payer’s ecosystem has a different need or presents a new opportunity for pricing information. As the critical fulcrum in the healthcare equation, each payer can leverage MRFs and other datasets to share a new cost-quality story