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PricingHealthcare.com Publishes Price Comparison Data for San Francisco Hospitals As Part of National Launch
Date:8/6/2013

American Fork, UT (PRWEB) August 06, 2013

Pricing Healthcare announces the launch of their web site for U.S. healthcare consumers. The Utah-based startup takes a unique approach to fixing the lack of transparency in healthcare prices. Although there is a growing amount of pricing data being made available by a few hospitals and government agencies, the data is often out-of-date and is usually limited to sticker prices that few people pay. It is also just a drop in the bucket. A wealth of useful pricing data, including insured rates and cash prices (primarily for the uninsured), is currently only publicly available on patient bills. That data source, scattered among tens of millions of households, is what the company is going after.

Crowd-sourcing is not a new phenomenon (think Wikipedia), but it has never been attempted in the world of healthcare bills on a large scale. Few ventures in crowd-sourcing could have as big an impact as this one. If successful, it would create an enormous database of healthcare prices, and not just for hospitals. Physicians’ offices, specialists, clinical labs, home health, surgical centers, and more all have prices that are almost completely hidden from consumers.

PricingHealthcare.com makes the process of entering data from your bill quick and easy, and completely anonymous. The company is equally concerned about making it easy to find and compare prices at facilities in a user's metropolitan area or "community." The aim of the site is to help both those with high-deductible plans as well as those without any insurance to find more affordable care.

Other consumer sites seem to only scratch the surface toward what the company calls the "tool of all tools" in healthcare price comparisons. Many sites do not provide facility-level details, or their prices are nothing more than very inaccurate estimates. Other sites ignore large segments of pricing data, or
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