What You Should Know:
- KLAS asked 16 prominent members of the healthcare community with broad HIT expertise to read 42 KLAS reports on emerging technology and rate their perception of the solutions based on their potential to impact the Quadruple Aim of Healthcare: to improve outcomes, reduce the cost of care, improve the patient experience, and improve the clinician experience.
- The new report by KLAS (1) ranks these emerging solutions by their ability to disrupt the
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price transparency
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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Digital Front Doors Create Personalized Patient Experience
Heightened patient expectations are changing the way healthcare services are delivered, from the way patients receive care to the way they pay for services and manage their conditions. A need for greater patient-centricity is changing the way payers, providers, and healthcare services organizations do business. The digital front door is an ecosystem of technologies patients use to engage with healthcare, starting from when they detect symptoms, to when they pay or receive post-appointment care.
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Digital Pharmacies 2022: Disruptors or Just Another Delivery Channel?
New Insider Intelligence report highlights the current state of digital pharmacies in 2022 along with the challenges and digital opportunities for online pharmacies to appeal to consumers.
With cost and convenience at the forefront of consumer spending decisions and US prescription drug spending continuing to rise through 2026 to an estimated $730.50 billion, winners will offer consumers more robust online resources including pricing transparency, discounts, generic options and more
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Zelis Acquires Healthcare Cost Control Provider Payer Compass
What You Should Know:
- Healthcare payments company Zelis today announced an agreement to acquire Payer Compass, a healthcare provider of reimbursement and claims pricing, administration, and processing solutions. Financial terms of the transaction were not disclosed.
- Through the acquisition, Zelis will integrate Payer Compass into its existing solution suite to further help clients and their members manage rising healthcare costs and establish more transparent and affordable
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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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Sesame Raises $27M to Expand Its National Healthcare Marketplace
What You Should Know:
Sesame, the only company proven to lower the price of medical care for American consumers raises $27M in Series B financing to expand its national marketplace of high-quality, ultra-affordable medical care for all Americans, whether they are insured or not.
- The round was led by GV (formerly Google Ventures) with participation from TeleSoft Partners and FMZ Ventures, alongside existing investors General Catalyst, Industry Ventures, Coefficient Capital, Giant
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Survey Reveals 44% of Consumers Avoided Healthcare Due to Cost
What You Should Know:
New price transparency government mandates are on the horizon, but how much does cost really impact consumers? HealthSparq published its Annual Consumer Sentiment Benchmark report, which found that 44% of respondents have avoided getting healthcare services because they were unsure of the costs (compared to 25% last year).
The survey of 1,000+ healthcare consumers unveils their opinions on price transparency in
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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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