A Push To Demystify Health Care Pricing
Marketplace details efforts to bring more pricing transparency to the health care industry. In addition, the Milwaukee Journal-Sentinel reports on a new website in Wisconsin that rates clinics on both cost and quality, while The New York Times reports on a New York pay-for-performance initiative.
Marketplace:
A Push For Transparency In Healthcare Pricing
Usually when we shop, finding the price is the easy part. Cars, airplane tickets, burgers and beer; it’s all right there. But when it comes to health care, an industry we spend $3 trillion ... a year on, prices often remain a mystery. Some people say that genuine cost transparency would make some of the waste and price variations vanish. It's not easy breaking open a black box that, intentionally or not, richly rewards doctors, hospitals and insurers. (Gorenstein, 3/27)
The Milwaukee Journal-Sentinel:
New Wisconsin Website Rates Medical Clinics For Quality
Paying for "value" — that prized mix of quality and cost — is widely cited nowadays as essential in slowing the rise in health care costs. The catch is that measuring quality and cost is proving to be much more difficult than often acknowledged. The inescapable and significant challenges are made clear in a website the Wisconsin Health Information Organization launched this month to rate physician clinics. (Boulton, 3/28)
The New York Times:
Pay For Performance Extends To Health Care In Experiment In New York
For a generation, doctors in New York’s economically depressed neighborhoods have been the ugly ducklings of the medical hierarchy. Many are foreign born and foreign trained, serve mostly minority and immigrant patients, and often run high-volume practices to compensate for Medicaid’s low rate of payment. Now these doctors are in the vanguard of an experiment to transform New York’s health care services for the poor from a disorganized hodgepodge into coordinated networks of doctors, hospitals and other practitioners. (Hartocollis, 3/30)