New Web Sites Help People Find the Best Values in Health Care

The Tennessean highlighted change:healthcare and Data Advantage. Continue to watch as we move into more transparent territory. You can download the pdf new sites help people find the best values in health care

Highlights: “change:healthcare — a startup — recently re-launched its cost ratings tool on the
Web called Medstimate. It uses claims data showing the negotiated prices that providers accept,
plus other patient-submitted information, to create the free service.”

“Robert Hendrick, change:healthcare’s chief operating officer, attributes the shift to more
health-care costs being passed on to consumers through higher co-pays, steeper deductibles
and the requirement to pay a percentage of the cost of services rather than a flat co-pay.”
“Out-of-pocket costs ranked second only to quality data, such as mortality or complication rates in
selecting hospitals, according to survey of 755 respondents by The Advisory Board Co., in
Washington, D.C. Costs were a bigger factor than satisfaction, physician recommendations and
distance.”

Onward and upward!

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