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Consumers use price transparency tools to financially plan, not shop around

Consumers use price transparency tools to financially plan, not shop around

By Maria Castellucci  |  November 10, 2017

A survey found nearly half of healthcare consumers seek price information to budget for out-of-pocket expenses, while just 11% do it to compare prices. Approximately 3 out of 5 consumers stick with their provider even if they know the costs beforehand.

CMS loses money as Medicare ACOs remain risk-averse

CMS loses money as Medicare ACOs remain risk-averse

By Maria Castellucci  |  October 31, 2017

Although Medicare accountable care organizations generated $652 million in savings last year, the CMS still took a loss on the program as most ACOs were unprepared to take on riskier contracts.

Low-cost services make up bulk of unnecessary healthcare spending

Low-cost services make up bulk of unnecessary healthcare spending

By Maria Castellucci  |  October 03, 2017

An analysis of Virginia claims found that 93% of low-value services were also low-cost services like lab tests and medications, contradicting claims that unnecessary healthcare spending is concentrated in high-cost services.

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