Price Transparency

Price transparency is a critical building block toward payment reform and has been a special initiative for CPR purchasers. Purchasers and consumers need transparency:
 
1. To help purchasers contain health care costs;
2. To inform consumers' health care decisions as they assume greater financial responsibility; and,
3. To reduce unknown and unwarranted price variation in the system.
 
CPR has developed a suite of tools to bring more attention to this issue and to make it easier for purchasers to promote effective transparency. This suite includes:

 

NEW: 2016 Report Card on State Price Transparency - (July 2016)

 

NEW: 2016 Report Card on State Price Transparency Laws Media Release - (July 2016)

State price transparency grades

Hover over each state to see price transparency grades and recommendations

 

(Map courtesy of Healthcare Finance)

 

CPR's 2016 Specifications for the Evaluation of Price Transparency Tools - (March, 2016)

 

CPR and HCI3's Report Card on State Price Transparency Laws - 2015 (July, 2015)

CPR and HCI3's Legal Brief on the Popular Legal Arguments Against Price Transparency (July, 2015)

CPR and HCI3's Issue Brief on the Accuracy of Price Transparency Tools (February, 2015)

CPR Price Transparency RFP (Fall, 2013)

CPR Action Brief on Price Transparency (November, 2012)

CPR supports the GAO definition of price transparency that defines it as “the availability of provider-specific information on the price for a specific health care service or set of services to consumers and other interested parties.” We also support the complementary definition of price transparency put forth by the HFMA Price Transparency Task Force, which adds to the GAO definition with “readily available information on the price of health care services that, together with other information, helps define the value of those services and enables patients and other care purchasers to identify, compare, and choose providers that offer the desired level of value.”
 
Furthermore, CPR aligns its definition of “price” with the GAO’s definition as “an estimate of a consumer’s complete health care cost on a health care service or set of services that 1) reflects any negotiated discounts; 2) is inclusive of all costs to the consumer associated with a service or services, including hospital, physician and lab fees; and, 3) identifies the consumer’s out-of- pocket costs (such as co-pays, co-insurance and deductibles).”

ARCHIVE

2014

CPR and HCI3's Report Card on State Price Transparency Laws - 2014 (March, 2014)

CPR's 2014 Specifications for the Evaluation of Price Transparency Tools (January, 2014)

2013

CPR and HCI3's Report Card on State Price Transparency Laws - 2013- (March, 2013)

CPR's Report on the State of the Art of Price Transparency Tools and Solutions (November, 2013)

2012

Press Release on Price Transparency (November, 2012)

Specifications for Evaluation of Consumer Price Transparency Tools (November, 2012)

CPR Purchasers' Statement on Price and Quality Transparency in Health Care (November, 2012)