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Running Head: INFOGRAPHIC ON TRANSPARENT PRICING1Transparent pricing in healthcareStudent’s NameInstitution AffiliationsDate of Submission
INFOGRAPHIC ON TRANSPARENT PRICING 2Healthcare pricing transparency is one of the laudable concepts in the health sector.Higher health care spending has been contributed majorly to lack of price transparency and pricevariation. Many hospitals have become price-competitive on specific medical procedures orservices. Even with the increased costs, it does not necessarily mean that healthcare providerscan deliver a better-quality care. This information can be better placed in an infographic.Stakeholders and policymakers require more information about prices that healthcare providersso as to set this issue of unnecessary healthcare price fluctuations (Peters, 2007). Anotherproblem is that consumers have a lot difficult to find information that they can use to compareproviders by quality and price. If this information is availed, then customers will be comparecosts and anticipate their expenses as well as choosing providers of high-value. This articleremarkably comprehensive an infographic addressing the causes of varied prices in health careservice and advocacy measures that can be undertaken to address the problem.This topic helps consumers to understand why pricing transparency has been difficult toachieve. The infographics integrate explicit pictures of key contributors to this issue.