Magnetic Resonance Imaging (MRI) is a valuable tool that helps physicians diagnose a variety of conditions by providing quality snapshots of internal organs and other bodily structures. Like other forms of diagnostic imaging (X-rays, CT scans, ultrasounds, etc.), MRIs have seen a surge in usage over the past decade, and, as MRIs have become more commonly used in diagnostics, patients have seen a rise in costs. As the MRI becomes more routine, a talk of costs becomes more topical. Before you schedule your future MRI, it’s important to consider the following.
We’ve already explained the difference between the different types of eye healthcare professionals, but you may still be wondering why you need an eye exam in the first place. To answer that, you have to take a second to appreciate how special the eye really is.
Although healthcare price transparency networks aren’t unique in and of themselves, HealthCost is the only network offering actual costs. In this 90-second clip, our founding partner, Bill Moore, discusses the HealthCost difference and how it empowers healthcare providers and consumers to take control of their costs.
In the realm of eye health, there are two primary types of medical professionals: optometrists and ophthalmologists. Each are highly trained specialists with their own benefits. Because they sound so similar, it can be confusing to understand who does what.
The words and terms used in the healthcare payments industry, for even the most experienced consumers, can seem like a foreign language. These are the healthcare terms you need to know.
You visit the doc, you get the procedure and then comes the bill. Really, you have no idea how much any of it is going to cost until you see that dreaded statement, and how they came to the final amount is an even bigger mystery. So what are some of the items often seen on a billing statement?
There is often a level of uncertainty when you’re unable to book an appointment with your regular doctor – should you visit an emergency room (ER) or an urgent care facility? Both have their benefits, but the real kicker comes with cost.
The Wall Street Journal recently published an article discussing 2018 projected healthcare premium increases. Before we get lost in the numbers, let’s consider these points.
Price variance is the term used to describe price differences for the same medical procedure from one facility to another. Customers expect pricing to be consistent. The secret to eliminating price variance in healthcare is in price transparency.
When it comes to most of the major purchases we make, we readily discuss and often negotiate the cost with a seller. Yet, when it comes to healthcare costs, most of us have somehow come to believe two things—the cost is what it is and it’s inappropriate, or even rude, to talk about anything related to costs with our healthcare providers.
A recent article in the New York Times article suggested that the Affordable Care Act had taken unemployed factory workers and provided them with healthcare jobs. In fact, the Deputy Mayor for Economic Development for the city of Akron said, “People who used to make deliveries to factories are now making them to hospitals.” Is this an incredible achievement? Well, let’s take a closer look.
The healthcare system is broken—not just for patients, but for providers as well. Until now, there has never been an open or straightforward way for doctors and healthcare professionals to adjust their own fees or share their actual pricing with their patients.
It’s been 75 years since the miracle drug Penicillin has hit the market. This got me thinking. With the media spotlight shining brightly on the cost of drugs in recent months, I wondered just how much this universally known, widely available drug might actually cost today.
We’re constantly adding data and making improvements to HealthCost.com to enhance the shopping experience for healthcare procedures and office visits. For this reason, we’re thrilled to now offer imaging services to our searchable database.
Enacted in the 70s – and catching on in metropolitan areas by the early 80s – copays, a component of health maintenance organizations (HMOs), may have been a leading factor in the destruction of our health insurance system. So why are insurance companies trying them again?
When you shop, how often do you buy without considering the cost? Likely never. You can comparison shop in nearly every industry from travel to higher education and everything in between. Except, that is, for healthcare.
Another day in the life of Congress trying to repeal and replace the Affordable Care Act equals another day of ridiculous remarks from our political leaders without any actionable solutions for consumers.
The free market. It's arguably the single most important factor behind the global dominance of the American economy. Yet one very large segment remains stubbornly on the edges, if not totally outside, our free market system: healthcare.
Washington, D.C. (May 8, 2017)—Moving healthcare price transparency from passive knowledge to actionable purchasing power, HealthCost, launched a technology platform giving providers and patients the knowledge and control of costs associated with healthcare. At Health Datapalooza in Washington, D.C., U.S. Secretary of Health and Human Services Tom Price, M.D., kicked off the conference where HealthCost.com made its debut, making it the only national healthcare network offering an open marketplace for setting, comparing and, soon, locking-in healthcare costs.