Hidden no more. The Employers’ Forum of Indiana (EFI) is giving people a look behind the curtain at the reality of hospital costs in the United States.
What began as the first hospital price transparency study in the U.S., commissioned by EFI and conducted by RAND Corporation back in 2017, eventually became the foundation for the Employer Hospital Price Transparency Project.
The Employer Hospital Price Transparency Project now compiles each RAND study into a publicly accessible dashboard, revealed recently at the National Hospital Price Transparency Conference, called Sage Transparency.
The first of its kind, Sage Transparency is a free, web-based tool for employers, individuals, policymakers, and other interested parties to compare hospital price, quality, and cost information.
It also connects users to resources that assess how hospital prices are set, why price transparency matters, and how these studies can create significant action in the healthcare marketplace.
The RAND studies recorded in the Sage Transparency dashboard are part of an ongoing employer-led initiative to measure and publicly report the prices paid for hospital care at the hospital and service-line level, empowering employers to be better-informed shoppers for health plans and provider networks.
Try out the new reporting tool here: https://dashboard.sagetransparency.com
Learn How to Get Even More Data Transparency
Like Employers’ Forum of Indiana and the Sage Transparency tool, at Simpara, our goal is greater transparency and accountability.
Learn how we’ve reimagined health, benefits and RX, as well as what switching from fully insured to self-funded could mean for your business.
