Using a cost-up pricing approach, RBP optimizes provider payments for medical services based on publicly available cost, pricing and quality data. (Photo: Shutterstock)
U.S. health care suffers from perpetually increasing prices due to a lack of pricing transparency or provider accountability. This dysfunctional market is exacerbated by an estimated $1trillion in wasted medical expenses according to Gartner, a research company. Now, with a recession on the horizon, triggered by the global pandemic, employers and self-insured organizations are reassessing their benefit plans looking to eliminate the waste, while improving the purchasing process.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
