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Engaging Patients:
Price Transparency

On June 24,2020, Former President Donald Trump signed an Executive Order on Improving Price and Quality Transparency mandating hospitals to publicly post standard charge information.
Hospitals face two requirements:
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Display a Machine Readable, publicly-available list of charges with negotiated and payer-specific discounts, and
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Provide a user-friendly app or website for patients and guarantors to get estimated costs for “shoppable services”.
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Deadline: January 21, 2021

Dynamic Health IT (DHIT) features an easy-to-use web site for your consumers and prospective consumers that can help market your services while meeting the requirements for the new Price Transparency regulations.
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Branded with your logo
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Prospective patients can view their “Estimated Out of Pocket Cost” based on:
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Selecting a “shoppable service”
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Entering their insurance total deductible and how much they’ve met so far
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Entering their co-pay and co-insurance amounts
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Option to customize contact information with users next steps: make an appointment, more information needed, hospital contact phone and website
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Redirect to the hospital website
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Optionally collects patient demographic and contact information
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Allows you to upload the following:
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Your chargemaster, list of payers, and payer-specific discounts.
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The CMS list of “shoppable services” is pre-listed and you can use them or add your own.
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For each shoppable service, you can select one or more charge codes and each charge code can have a quantity.
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Payers can have across-the-board discounts or item-specific discounts, or a combination of the two
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