Price Transparency
Make Healthcare Costs Clear, Compliant and Consumer-Friendly
FinThrive Price Transparency helps revenue cycle, compliance and patient access teams maintain machine-readable files, generate patient-friendly estimates and meet CMS price transparency requirements.
How can you simplify price transparency while building patient trust?
FinThrive Price Transparency helps healthcare organizations maintain machine-readable files, generate patient-friendly estimates, and reduce the burden of meeting price transparency requirements.
Maintain Compliance
Streamline required pricing files and workflows to help hospitals maintain compliant, accessible pricing data.
Increase Patient Satisfaction
Give patients convenient access to clear, accurate estimates before care decisions are made.
Reduce Manual Effort
Reduce manual work needed to keep required pricing files accurate, current and accessible.
Solid partnerships. Solid results.
95-99%
Estimate accuracy
300+
Shoppable services supported in online estimator workflows
24/7
online access to patient-friendly out-of-pocket estimates
Price Transparency Features
How does Price Transparency support estimation and MRF workflows?
Streamline machine-readable file generation and ongoing updates to reduce manual work and support CMS requirements.
-
Easily generate compliant machine-readable files using payer contract data from FinThrive Contract Manager
-
Reduce manual updates, formatting errors and IT burden
-
Helps keep publicly available pricing data aligned with CMS requirements
Enable patients to self-serve online cost estimates for shoppable services, helping them plan financially before care while supporting federal price transparency requirements.
-
Supports consumer-friendly, 24/7 access to estimate information
-
Covers 300+ shoppable services to support CMS transparency requirements
-
Helps patients understand expected out-of-pocket costs before care
Enable staff to generate real-time patient estimates that support price transparency, improve financial clearance and set clearer payment expectations before service.
-
Create real-time estimates based on patient, benefit and service information
-
Support upfront financial conversations with clear estimate details that help staff guide payment expectations and point-of-service collections
Streamline machine-readable file generation and ongoing updates to reduce manual work and support CMS requirements.
-
Easily generate compliant machine-readable files using payer contract data from FinThrive Contract Manager
-
Reduce manual updates, formatting errors and IT burden
-
Helps keep publicly available pricing data aligned with CMS requirements
Enable patients to self-serve online cost estimates for shoppable services, helping them plan financially before care while supporting federal price transparency requirements.
-
Supports consumer-friendly, 24/7 access to estimate information
-
Covers 300+ shoppable services to support CMS transparency requirements
-
Helps patients understand expected out-of-pocket costs before care
Enable staff to generate real-time patient estimates that support price transparency, improve financial clearance and set clearer payment expectations before service.
-
Create real-time estimates based on patient, benefit and service information
-
Support upfront financial conversations with clear estimate details that help staff guide payment expectations and point-of-service collections
What Makes FinThrive Different
Connected Workflows
Connect estimation and compliance workflows to financial clearance, patient intake and payment conversations.
Accurate Estimates
Deliver 95–99% estimate accuracy by using detailed payer contract and patient-specific benefit data.
Contract Intelligence
Leverage FinThrive Contract Manager data to support more reliable estimates and machine-readable file workflows.
Frequently Asked Questions
What is healthcare price transparency?
Healthcare price transparency gives patients access to clear cost information before care. It also helps hospitals publish required pricing data through online estimators and machine-readable files.
How does FinThrive’s Price Transparency solution help hospitals comply with CMS requirements?
FinThrive’s Price Transparency solution helps hospitals support CMS price transparency requirements by simplifying the creation and maintenance of machine-readable files and enabling both staff-generated and online self-service patient cost estimates. This helps organizations keep pricing information accessible, accurate and easier to manage while giving patients clearer cost expectations before care.
Can patients get online out-of-pocket cost estimates before care?
Yes. FinThrive’s Online Patient Estimation solution enables patients to create and view self-service out-of-pocket estimates for shoppable services before care, helping them plan financially and make informed decisions.
What are machine-readable files in hospital price transparency?
Machine-readable files are digital files that publish hospital pricing data, including standard charges and negotiated rates, in a structured format intended to support CMS price transparency requirements. They must be published on the hospital’s website.
Why is price transparency important for the patient financial experience?
Price transparency improves the patient financial experience by giving patients clearer cost expectations before care, reducing billing surprises, and helping them feel more confident about their financial responsibility.
Let’s Talk About Your Revenue Cycle Priorities
Whether you’re focused on denials, reimbursement, patient access or operational performance, FinThrive can help uncover new opportunities to help you improve results across the revenue cycle.
Product Support
Password resets / critical issues
800-390-7459
For non-critical issues or requests, visit our
Community Portal