Surviving in the age of price transparency.
*Healthcare organizations can develop a value-based pricing strategy that benefits both patients and the organization. *The value-based pricing strategy of the Cleveland Clinic is based on five key components of value-relationship to cost, payment considerations, quality, market tolerance, and consistency. *Seven interrelated work streams can be used to align pricing inputs around the five components of value-based pricing.
Donovan
Christopher J
CJ
Cleveland Clinic, Cleveland, Ohio, USA. donovac@ccf.org
Mazoh
Margery
M
Brown
James P
JP
Moore
Sarah
S
Skalka
Christi
C
D000554:Ambulatory Care Facilities / Q000191:economics; D030881:Disclosure; D004465:Economic Competition; D017722:Hospital Charges / Q000458:organization & administration*; D009820:Ohio; D019982:Organizational Case Studies