Biomaterial Database

Front-line perspectives on price transparency and estimation. 2014

Brian Workinger

To establish a meaningful, effective, and understandable pricing strategy that improves business performance, hospitals should adopt five best practices: Furnish patients with estimates prior to providing care. Ensure the pricing structure is rational and defensible. Make pricing not only visible, but also understandable. Understand how much it costs the organization to provide services. Establish a proactive approach to maintaining margins.

UI	MeSH Term	Description	Entries
D007297	Inpatients	Persons admitted to health facilities which provide board and room, for the purpose of observation, care, diagnosis or treatment.	Inpatient
D006801	Humans	Members of the species Homo sapiens.	Homo sapiens,Man (Taxonomy),Human,Man, Modern,Modern Man
D014481	United States	A country in NORTH AMERICA between CANADA and MEXICO.
D017722	Hospital Charges	The prices a hospital sets for its services. HOSPITAL COSTS (the direct and indirect expenses incurred by the hospital in providing the services) are one factor in the determination of hospital charges. Other factors may include, for example, profits, competition, and the necessity of recouping the costs of uncompensated care.	Charge, Hospital,Charges, Hospital,Hospital Charge
D030881	Disclosure	Revealing of information, by oral or written communication.	Financial Disclosure,Information Disclosure,Disclosure, Financial,Disclosure, Information,Disclosures, Financial,Financial Disclosures