Insurance companies today have consumers paying a percentage of the total cost of health care through coinsurance. Thus, the consumer must be more conscious of costs. The Centers for Medicare & Medicaid Services (CMS) provides “report cards” for many health care areas, including pricing and quality of care for providers and various health care facility types. This data transparency shown to the consumer has allowed the consumer to make better choices by comparing products and services. Facilities have had to consider the external factor of competition more than ever before.
Prompt 2: Research the CMS website and compare at least 2 dominant differences seen within at least 2 facilities. Navigate to the left side of the CMS page to review various facilities (hospitals, hospice centers, etc.) and the “report cards.”