Achieving Transparency in Health Care

Today's blog tackles an issue we try to bring to the forefront every day. Transparency is critical to the future of health care, and we believe that it's vital for patients to receive and understand the costs of medical services and prescriptions up front in their treatment.

"Patients are more likely to pay if they understand how much they will owe out of pocket upfront, reducing the amount of uncompensated care the system must swallow. Our goal is to start to inform the patient as soon as possible about how much they’re going to owe and to set the expectation that we are going to try to collect on that estimated amount due. That way, patients can make an informed decision about whether they want to proceed with the healthcare service," Sarah Knodel, Vice President of revenue cycle at Baylor explains. 

This article is a must-read. Find the full version HERE! 

Performance Pharmacy Solutions (PPS) is a unique pharmacy benefit procurement platform developed by HORIZON Health Ventures to efficiently and effectively place, manage and oversee our self-funded client's pharmacy benefit management programs. The PPS platform provides turnkey solutions with proven market-leading PBM partners that offer, on average, 10-15% savings.