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Amanda Eisel

👤 Person
164 total appearances

Appearances Over Time

Podcast Appearances

McKinsey on Healthcare
Unlocking the power of price transparency data

It is only for specific codes.

McKinsey on Healthcare
Unlocking the power of price transparency data

And really what you need is codes grouped together for it to be interesting and

McKinsey on Healthcare
Unlocking the power of price transparency data

And it doesn't pull in information because that's in other data sets around utilization, around provider demographics, even before you get to the notion of something like quality.

McKinsey on Healthcare
Unlocking the power of price transparency data

So that's the work that we've been going through that so many others have been going through to try to take in that data, clean the data and make.

McKinsey on Healthcare
Unlocking the power of price transparency data

the data useful.

McKinsey on Healthcare
Unlocking the power of price transparency data

But I want to go back to a point of, you can tell I geek out a little bit around this.

McKinsey on Healthcare
Unlocking the power of price transparency data

When those regulations first came out, it said at the time, look, the government is doing this because they recognize that the data in its raw form isn't particularly useful.

McKinsey on Healthcare
Unlocking the power of price transparency data

And they recognize that they alone cannot fix that.

McKinsey on Healthcare
Unlocking the power of price transparency data

The point was, let's let the data get out there and then hope that entrepreneurial companies will figure out what to do with it over time.

McKinsey on Healthcare
Unlocking the power of price transparency data

I think people really are people, entities on both sides really making best efforts.

McKinsey on Healthcare
Unlocking the power of price transparency data

Certainly across payers, we see really a push to be compliant.

McKinsey on Healthcare
Unlocking the power of price transparency data

Again, recall it was staged.

McKinsey on Healthcare
Unlocking the power of price transparency data

It was first we're going to get 500 shoppable services out there.

McKinsey on Healthcare
Unlocking the power of price transparency data

Then we're going to stretch the next year to all of them.

McKinsey on Healthcare
Unlocking the power of price transparency data

And so this has been across a couple of years now, a phased effort.

McKinsey on Healthcare
Unlocking the power of price transparency data

Recall also, I think everybody knows regulation, how it works.

McKinsey on Healthcare
Unlocking the power of price transparency data

First, the deadline is set.

McKinsey on Healthcare
Unlocking the power of price transparency data

Some time has passed.

McKinsey on Healthcare
Unlocking the power of price transparency data

Everybody knows eventually fines will start coming.

McKinsey on Healthcare
Unlocking the power of price transparency data

And so people are working towards regulation.