Healthcare price transparency could save $100B over 10 Years

According to an analysis, healthcare price transparency initiatives can reduce U.S healthcare expenditure by $100 billion over next decade. The analysis of the study on healthcare price transparency quantifies the potential $100B in savings from three policy initiatives:  Use state all-payer health claims databases (APCDs) to report hospital prices, require electronic health record systems to provide prices to physicians when ordering diagnostic tests, require all private health plans to provide personalized out-of-pocket expense information to enrollees. For more details please visit: http://hitconsultant.net/2014/05/16/3-ways-healthcare-price-transparency-could-save-10b-over-10-years/