Flawed design is why hospitals aren't complying with price transparency rules

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Not rendering correctly? View this email as a web page here. TOP STORIES Flawed design is why hospitals are not complying with price transparency rules Experts believe CMS' price transparency rule is flawed in its design because the highly complex billing data it is asking hospitals to post is too confusing for consumers to understand. The complicated structure of the healthcare system — from care variance to deductibles to billing codes — means that producing an accurate price estimate is virtually impossible. To improve compliance, hospitals will need health tech companies to step in. Sponsored Content Is it time to rethink how we apply AI to healthcare data mining? From Carta Healthcare and MedCity News Webinar Date: July 20, 2022 Time: 2:00pm ET / 11:00am PT This webinar discusses how a human-computer team takes advantage of the clinical expertise and complex problem-solving ability of humans for the more challenging clinical registry fields and the speed and accuracy of AI technology for the more straightforward fields. The result is more accurate, timely data for clinical registries and internal patient care projects. Other topics discussed: The strengths and limitations of AI Why a human+computer approach to data mining yields the best results How AI methods such as machine learning and natural language processing can standardize clinical registry data How to make clinical registry data available in real time across hospital systems for patient care, quality initiatives, and other internal projects 1 Day of High-Quality, In-Person Meetings Around Digital Health Technology From MedCity News Join us in Dallas for MedCity INVEST Digital Health on Wednesday, September 28.  Don't miss out on this valuable opportunity to meet and discuss the latest trends and opportunities. Don't miss your chance to save with the Super Early Bird Rate. BMS cancer drug's expanded approval gives it an edge over a Gilead cell therapy By Frank Vinluan Monday, June 27, 2022 8:10 PM The new FDA approval for Breyanzi moves the Bristol Myers Squibb cancer cell therapy into an earlier line of treatment for an aggressive type of blood cancer. The decision also gives the pharmaceutical giant access to an additional pool of patients untapped by a rival cell therapy from Gilead Sciences. Read more » Startups must warm up to provider workflows to create effective tech, healthcare CIO says By Katie Adams Monday, June 27, 2022 6:36 PM Startups should co-develop products with healthcare providers and figure out how to plant themselves into hospitals and clinics' operating models. This will allow them to create effective technology, according to the healthcare executives speaking at a Monday panel on alleviating healthcare inefficiencies through innovation. Read more » How health systems can successfully manage and grow their provider networks with an EHR By Arundhati Parmar Monday, June 27, 2022 2:08 PM   Against the backdrop of the pandemic, the preferences and expectations of healthcare consumers have […] Read more » Ipsen's $247M Epizyme acquisition brings approved cancer drug & more in pipeline By Frank Vinluan Monday, June 27, 2022 12:44 PM Ipsen is paying $247 million to acquire Epizyme, a cancer drug developer with one FDA-approved product: follicular lymphoma therapy Tazverik. The drug is a modest seller now, but more cash could be paid out if the small molecule hits sales targets in coming years. Read more » Convergence of medtech and health tech: Helping providers plan procedures and easing patient anxiety [Sponsored] By Stephanie Baum Monday, June 27, 2022 9:30 AM A pediatric health system enlisting mixed reality and 3D printing technology illustrates how clinical collaboration and patient education can improve patient outcomes for complex procedures. Read more » Re-Defining Healthcare Recruitment with Deep Learning Automation Replace the tedious manual resume screening process! Learn how AI frameworks and technology are streamlining the recruiter/candidate experience, resulting in healthcare industries hiring skilled and knowledgeable personnel quickly and effectively. Download this FREE eBook to learn more! MedCity News   611 Broadway    New York,  NY   10012   United States You received this email because you are subscribed to MedCity Daily Digest from MedCity News. Update your email preferences to choose the types of emails you receive.  Unsubscribe from all future emails