Price Transparency

Price Transparency

The ability to retrieve and access all information regarding a stock or other security's price. This includes the security's historic price and all current bids and asks. Exchanges have different levels of price transparency; for example, the NYSE only provides information on the highest bid and the lowest ask. In general, more transparency is seen as positive and more efficient.
References in periodicals archive ?
com)-- PMMC, a leading provider of revenue cycle management solutions, awarded Maury Regional Medical Center with the 2015 Revenue Cycle Leadership Award for "Bridging the Pricing Transparency Gap," a recognition that reflects Maury Regional Medical Center's leadership and proactive approach toward price transparency.
These are among the findings of the third annual Report Card on State Price Transparency Laws developed by Catalyst for Payment Reform(CPR) and Health Care Incentives Improvement Institute(HCI[sup.
This price transparency problem has resulted in the emergence of a new service in the health care space--innovative shopping tools and engagement strategies for employers, doctors, and health plans looking to reduce benefits costs by finding the highest value options.
Then, in March of 2013, the TIME Magazine article, "Bitter Pill," came out, quickly followed by a report card of state price transparency laws by the advocacy group Catalyst for Payment Reform (CPR), the CMS charge data release and a Senate Finance Committee hearing on price transparency in August.
To help people shop for lower cost providers, several states have created their own price transparency Web sites or passed legislation mandating health plans provide such information.
com to fill the need in the industry for increased price transparency.
The AA said it believed the Transport Secretary Justine Greening's calls for fuel price transparency, after an intensive AA campaign, may have helped contribute to a more rapid price fall.
GAO examined (1) how various factors affect the availability of health care price information for consumers and (2) the information selected public and private health care price transparency initiatives make available to consumers.
A recent study by the Center for Responsible Lending found that not only have the new credit card rules mandated by the CARD Act of 2009 resulted in significantly greater price transparency for consumers, but, despite grim predictions, actual prices have remained stable and available credit has not tightened beyond what would be expected from the economic downturn.
The coalition plans to work with stakeholders across the travel industry to advocate on behalf of price transparency and full access to airline pricing and fee information.
A Texas company has come out with a full price transparency service that will search the price (any insurance company any PPO) for medical services and Rx and will contact the MD's office to switch to the lower priced service/ Rx (prices vary by as much as 500%, that's right 500%
Recently, the House of Representatives held a hearing on three bills to provide price transparency in the health care marketplace.