The first step to compliance will be to identify your current charging practices. PriceID helps by going into the chargemaster and pulling all of the chargemaster data. Price ID easily makes current pricing information accessible, allowing you to standardize and publish quickly.
Compliance is only the first piece of the puzzle. It will be important to learn how to price competitively in the new world of price transparency. That’s where PriceID can help too. After Jan 1st, when the Mandate goes into effect, PriceID will be able to pull other hospital’s pricing data, allowing you to compare and react favorably.