Panacea’s CMS Price Transparency Suite: One Solution Meets and Exceeds ALL Final Rule Requirements.
One source. One leader. The power of one.
Panacea’s CMS Price Transparency Suite: One Solution Meets and Exceeds ALL Final Rule Requirements.
One source. One leader. The power of one.
CMS penalties have dramatically increased in 2022, providers must take heed before CMS and a legislative gauntlet arrives at their front door.
While it is difficult for many financial managers to accept their negotiated rates being made public, transparency is here to stay in our world and in healthcare. It would be more productive to focus first on complying with the rule and then on how having access to that information can be used to one’s advantage—and how, in this new paradigm, hospitals can find creative new ways to leverage public data. We believe that for those hospitals willing to lead the industry in the world of price transparency, there will be both immediate increased patient satisfaction and imminent future competitive advantages.
Key takeaways from the whitepaper include: