What You Should Know:
- Trilliant Health, a healthcare analytics firm, has released a new report that leverages data from the Transparency in Coverage (TiC) final rule to expose significant variations in commercial healthcare prices across the United States.
- The analysis, which includes data from 2,659 hospitals and 3,491 ambulatory surgery centers, highlights a "startling spread in prices" for the same procedures.
Information Asymmetry
The U.S. healthcare system
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Healthcare Price Transparency
MacroHealth Acquires ClearCost Health, Establishes Intelligent Marketplace for Healthcare Price Transparency
What You Should Know:
- MacroHealth, a healthcare technology company offering an intelligent healthcare marketplace for payers and their vendor partners acquires ClearCost Health, a leader in provider search and price transparency solutions. Financial details of the acquisition were not disclosed.
- The acquisition aims to empower health plans, third-party administrators (TPAs), employers, and their partners with enhanced tools for transparency in healthcare pricing and network
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Deerhold & HSBlox Combine Price Transparency & VBC Platforms for Enhanced Healthcare
What You Should Know:
- HSBlox, a leading technology platform for value-based care (VBC) contract management and administration that operationalizes complex contracts, enables transparency, and simplifies communication between stakeholders, and Deerhold, a company offering advanced healthcare data management and solutions to support healthcare price transparency and compliance, today announced a partnership to combine their respective best-in-class capabilities to equip health plans,
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Turquoise Health Secures $30M to Expand Healthcare Pricing Transparency Platform
What You Should Know:
- Turquoise Health, a platform empowering healthcare transparency through data and analytics, today announced a $30M Series B investment led by Adams Street Partners, with participation from Yosemite and existing investors Andreessen Horowitz and BoxGroup.
- The new funding will enable the company to onboard new customers and expand its healthcare pricing transparency platform,
Tackling the Transparency Challenge
Healthcare pricing remains a labyrinth, often
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Cost Transparency Ecosystem in Healthcare
Cost transparency is a driving force in the American market. Whether consumers are looking to purchase a latte, a plane ticket, or surgery, they increasingly expect to pay an “out-the-door” price– something that includes all labor and materials as well as the finished product or service. When polled, 66% of Americans indicated that they would shop for care if prices were publicly disclosed. And in pursuit of competitively and transparently priced services, some patients attempt to shop locally;
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A Glimpse of the Holy Grail for Healthcare Cost Transparency
Imagine being told which car or computer you must buy and just forking over whatever it costs. Even if you might only be paying a portion of it, would you simply get out the checkbook?
For decades American consumers have been writing blank checks for healthcare. Given that healthcare costs and consumers’ share of them continue to climb, we’ve all longed for the ability to see all options for medical procedures and prescriptions covered by our health plan and to choose the lowest-cost,
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Komodo Health, Turquoise Health Partner to Better Understand Price Transparency
What You Should Know:
- Today, Komodo Health and Turquoise Health announce a partnership to bring data-driven intelligence to healthcare price transparency across the U.S.
- Building on Komodo technology, Turquoise Health is strengthening the power of its platform with intelligence from the Komodo Healthcare Map. The partnership will equip Turquoise Health with information and insights to analyze patient journeys on a holistic basis to better understand the full constellation of costs
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Turquoise Health Integrates Price Transparency Data with Ribbon Health
What You Should Know:
- Ribbon Health, an API data platform for the healthcare industry that powers care decisions, and Turquoise Health, a provider of structured data on the cost of care to make pricing data both transparent and accessible to patients, announced an integration partnership.
- By integrating Turquoise Health's price transparency data into the Ribbon Health platform, healthcare companies will be able to effectively navigate patients to cost-effective and high-quality
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Turquoise Health Raises $20M for Healthcare Pricing Platform, Launches Direct Contracting Platform
What You Should Know:
- Turquoise Health, an end-to-end healthcare pricing platform, today announced a $20M Series A investment led by existing investor Andreessen Horowitz (a16z), with participation from Bessemer, Box Group, and new investor Tiger Global.
- Turquoise Health will use the funding to continue making transparent pricing ubiquitous for all healthcare stakeholders: payers, providers, and patients.
Direct Contracting Platform
In anticipation of July payer rates
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30 Executives Share Top Healthcare Predictions & Trends to Watch in 2021
As we close out the year, we asked several healthcare executives to share their predictions and trends for 2021.
Kimberly Powell, Vice President & General Manager, NVIDIA Healthcare
Federated Learning: The clinical community will increase their use of federated learning approaches to build robust AI models across various institutions, geographies, patient demographics, and medical scanners. The sensitivity and selectivity of these models are outperforming AI models
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