Providers Order Fewer Tests When Fees Are Disclosed Up Front
Providers order slightly fewer laboratory tests when presented with cost information at the time of ordering, and adopting this tactic on a widespread basis might help reduce the number of inappropriately ordered diagnostic tests, researchers from Johns Hopkins University found.
During the six-month intervention period, the hospital saved $400,000 in lab charges. "Although the overall financial impact is modest, our study offers evidence that presenting providers with associated test fees as they order is a simple and unobtrusive way to alter behavior," the researchers concluded.
Read more in this GI & Hep News article.