Empowered Patient Podcast
Impact of Price Transparency on Determination of Treatment Options with Dr. Mukul Mehra IllumiCare
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:17:08
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Sinopsis
Dr. Mukul Mehra is the Chief Medical Officer and Co-Founder of IllumiCare and firmly believes that cost transparency should be given to physicians so that hard clinical decisions can put the cost of treatment into perspective. By providing real-time data, IllumiCare is influencing clinician behavior to reduce waste, lower costs and improve decisions about appropriate treatments. Mukul explains, "So IllumiCare is essentially bringing in all of these constructs of different points in a patient's care journey in the inpatient setting, giving a cost definition to what that treatment is costing, and getting down to a real true cost. Then understanding that at different points in a treatment plan, that certainly there may not be proper adjudication. But if we don't start off with cost transparency, then we're not going to really get to define the cost of waste." "When you aggregate data and make it retrospect, it tends to have very little influence or impact on physician practice patterns. And in the end, IllumiCar