The MEDHOST Price Transparency solution not only helps hospitals create a better end-to-end experience for the patients they serve, but also reduce financial risk to the hospital.
Clear financial expectations are important to patients as shown in a recent study that reported 65 percent of patients would consider switching providers after receiving an unexpectedly high bill.1
MEDHOST helps hospitals with price estimation and contract management tools that are designed to provide their patients with more accurate financial expectations up front while helping to ensure the facility is reimbursed correctly from payers. Our preferred solution with contract management tools and services integration helps generate more accurate and up-to-date pricing estimates. The solution can also minimize disruption to existing workflows for MEDHOST customers by avoiding third-party solution integrations.