Study Finds Healthcare Price Transparency Tools Seldom Used

Healthcare Finance writes: A new study published in Sage Journals found that few consumers actually use price transparency tools. Tracking use of the Truven Treatment Cost Calculator among more than 70,000 families from 2011-12, researchers found that only 11 percent of families used the price transparency tool at least once. A scant 1 percent used it at least three times over that two-year period.

Read more:

• Who Uses a Price Transparency Tool? Implications for Increasing Consumer Engagement. SAGE Journals. May 19, 2017
• Healthcare Finance: http://www.healthcarefinancenews.com/news/healthcare-price-transparency-tools-seldom-used-study-finds-more-reminders-marketing-needed