Leveraging Patient Transparency to Foster Financial Health for Patients and Providers – Podcast

The Price Transparency rule is the new reality. While the regulation is an essential starting point, providers should move beyond the designated rules to create patient access solutions that solve for patient pain points and open the door to patient engagement opportunities and pre-service payment options in conjunction with the required publishing of costs. Providers can meet the government requirements through an online consumer price shopping tool which can also serve as a useful outreach tool for attracting new patients.

In this episode of Becker’s Healthcare podcast series, Howard Bright, VP of Patient Engagement at RevSpring, talks about how fostering an environment of clarity, responsibility, and enablement can move the opaque healthcare financial environment to one of transparency and trust, improving financial health for both patients and providers.