Two Texas hospitals – Baylor Scott & White Medical Center in Temple and United Regional Healthcare System in Wichita Falls – have earned top marks for price transparency, according to a recent ranking by Money magazine. Released in January 2024, the report evaluated 115 top medical facilities nationwide on over 13,500 data points, with price transparency being a key criterion.
Working with the renowned RAND Corporation, Money compared publicly listed prices with actual patient bills to assess transparency. Both Baylor Scott & White and United Regional received impressive A grades, highlighting their commitment to informing patients about healthcare costs upfront.
This recognition speaks volumes about the proactive efforts these Texas institutions are taking to demystify medical expenses. Transparent pricing empowers patients to make informed decisions about their care, fostering trust and reducing financial anxiety. By prioritizing price transparency, these hospitals are setting a positive example for healthcare providers nationwide.
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