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9/27/21

Happy Monday!

As reported by Tara Bannow of Modern Healthcare, Prime Healthcare's New Jersey hospitals are using price transparency data to negotiate their contracts with UnitedHealthcare.

"All we're asking for are fair rates compared to our competitors," said Dr. Sonia Mehta, Prime's regional CEO for the market that includes New Jersey. For-profit Prime is headquartered in Ontario, California.

UnitedHealthcare said Prime asked for a 14% annual rate increase for its employer-sponsored and individual plans, which it called "unsustainable."

But Mehta claims even 14% wouldn't bring the hospitals close to market rates because they've been underpaid for years.

If you're interested in accessing the latest payer-negotiated rates and market prices, feel free to schedule a time on my private calendar for a quick talk.  No charge.

Regards,

Rick Louie
Managing Director
Hospital Pricing Specialists LLC

LinkedIn Profile:  https://www.linkedin.com/in/ricklouie/

Watch video of Shark Tank's Mr. Wonderful endorsing HPS Price Transparency services [Click Here]



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