St. Paul, MN (PRWEB) November 11, 2015
Panacea Healthcare Solutions, Inc. is pleased to present a complimentary webcast featuring an in-depth review of how a provider’s pricing strategy can accurately reflect costs along with quality to positively impact patient outcomes and reimbursement.
Pricing methodology and strategies have evolved over the years from an irrational system of setting prices to cover shortfalls from federal and state funding programs and charity care costs, to a system where prices are set rationally based upon costs and local market dynamics. The logical progression in the area of price setting is for prices to be established based on cost and quality. The incorporation of quality into the pricing equation will move the industry towards true transparency and result in achievement of our healthcare system’s goal of value based payments.
Join Panacea’s healthcare financial experts Gregory M. Adams, former National Chair of the HFMA, and Henry Gutierrez for this complimentary November 17 webcast that will help healthcare professionals to:
- Understand the evolution of provider pricing strategies, their impact on financial performance, and movement towards transparency.
- Learn which quality metrics are being used by CMS and payers to pay for or penalize providers based upon their performance.
- See the growth of quality metrics from process measures to outcomes measures.
- Hear how pricing strategies may soon be integrated with quality measures and result in true value based payments.