Are you prepared for increased regulatory scrutiny? See our price transparency checklist

Thank you for your interest in our guide, “Price Transparency … Are you ready for what’s next?” Like much of the industry, you’ve likely posted your standard charges online and are formulating your strategy to respond to the recent price transparency ruling by the Centers for Medicare and Medicaid Services (CMS), which goes into effect on January 1, 2021. There’s much you can do today to stay ahead of the new regulations, better positioning your organization to respond to consumerism.

In this guide we provide a checklist to assess your readiness for the new federal and state price transparency requirements. For instance:

  • Have you thought about your pricing strategy? How do your prices compare with other providers in your market?
  • What about your estimator capability? Can you create an accurate estimate in a user-friendly format? Can your patients create their own estimate online for standard procedures and services?
  • Is transparency influencing your customer satisfaction – good or bad?

At nThrive we can help you explore the answers to these questions and more, navigating increased regulatory scrutiny while better supporting patients on their financial journey. To learn more on how you can partner with nThrive, e-mail us at solutions@nThrive.com or call us at 678-323-2500

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