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why does the HFMA say that price transparency is needed from all stakeholders? any additional thoughts

why does the HFMA say that price transparency is needed from all stakeholders? any additional thoughts

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Answer: HFMA stands for Healthcare Financial management Association (HFMA). Its a membership organization in the healthcare Sector.

HFMA is asking for transparency in the healthcare services and want all the stakeholders in the process to provide information in a simple, easy to understand manner to the patients. so that they could be able to make an informed decision.

Right now information about healthcare is not easily accessible which prevents consumers from making smart decisions. It will take everyone Providers, insurers, employers and government in bringing transparency in this process. As these all are involved at some point in healthcare services and act as a touch point for the consumer.They can act as an easy and reliable option for consumer to get information and make smart decision.

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