With healthcare costs skyrocketing, it is time for employers to take the reins on negotiating hospital prices to achieve a fair price. Identifying fair price goals and strategies for bringing down employers’ hospital prices are important steps, but they will not be possible unless employers understand and take ownership of their responsibility for securing fair prices—legally, contractually, and in the eyes of their employees.
Dr. Karen van Caulil, President and CEO of the Florida Alliance for Healthcare Value, and Mike Thompson, President and CEO of the National Alliance of Healthcare Purchaser Coalitions, share strategies that self-funded employers can implement to achieve lower prices in hospital negotiations.
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