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Are physicians the key to fueling the price transparency trend?

Companies like Castlight Health and providers like the Surgery Center of Oklahoma have been blazing the trail for price transparency in healthcare. Will the trend become a revolution if more and more physicians begin to participate?

Bill Hennessey, MD, a board-certified physical medicine and rehabilitation physician, has launched, a healthcare price transparency website, according to a report by The Charleston Gazette.

Thus far, the website has gathered pricing information from hospitals in six states, including West Virginia. Dr. Hennessey has also posted his practice's prices on the website.

All pricing information was gathered from publically disclosed data. The website is expected to continue to expand, hopefully with the participation of healthcare providers.

More articles on coding and billing:
CMS: 3 new ICD-10 testing weeks
3M releases new coding, reimbursement system
PricePoint website compares Wisconsin hospital, ASC prices

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