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A recent study revealed that Medicare’s Hospital Compare website, which compares quality data, has led to a reduced increase in the price of two costly cardiac procedures. A healthcare economist explains to HCI why the result is surprising.

It has a long way to go, but Medicare’s Hospital Compare initiative may go a long way in reducing the cost of care, according to the findings of one research study.

Researchers from the Milken Institute School of Public Health at the George Washington University looked at the impact of Medicare’s Hospital Compare website on the price of care. They found that the public reporting method led to a slowed increase in the cost of two major procedures.

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Source:: http://feedproxy.google.com/~r/healthcare-informatics/~3/4Yoo0X5oIlw/researchers-web-based-report-cards-influence-cost-care

      

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