Parathon now offers a Price Transparency Solution.
Parathon has the technology and expertise needed to meet the updated complex legal requirements of the CMS Price Transparency Final Rule effective as of January 1st, 2024. Our Price Transparency Solution provides your hospital with everything you need to achieve compliance, including:
- All standard charges for all items and services in a comprehensive machine-readable file. We compile tens of thousands of data points, service codes, and service descriptions necessary to create one comprehensive, machine-readable file that’s ready to publish on your hospital’s website.
- A consumer-friendly display of shoppable services. Parathon’s innovative Patient Responsibility Estimator (PRE) provides real-time information regarding potential out-of-pocket costs for shoppable services, all in a consumer-friendly application published directly on your hospital’s website.
Click here to inquire more information regarding our compliance solutions or to schedule a demo to see how our solutions can benefit your hospital.