The demand for data-driven insights from healthcare price and utilization data has never been higher, as employers suffering from healthcare cost increases search for insights to help them reverse the trend.
Nevertheless, supply of this data has been low: even the most modest of price transparency measures, such as requiring hospitals to post chargemasters or a handful of service prices by carrier, have been met with widespread resistance. Outcomes and quality data are also scarce to come by. This data drought punishes employees most, who ultimately bare the cost of low value healthcare through anemic wage increases and unaffordable deductibles when their health plans cannot manage the supply chain to avoid overpayments.
