Innovation in the Marketplace
What to Know:Â Some Americans are using Groupon and other coupons to obtain medical tests at lower prices.
The TPPF Take:Â This innovation could improve price transparency in an industry in which itâs very limited.
âResearch has shown that lower cost providers often have higher quality metrics,â notes TPPFâs David Balat. âHospitals are often reimbursed at rates three to four times higher than facilities not associated with a hospital, and hospitals will, of course, want to repeat testing that has already been previously done. This is a win for consumers.â