MMS shares roadmap for national implementation to facilitate transparency and drive down the nation’s healthcare costs
Portsmouth, NH – March 18, 2019
MyMedicalShopper, a national healthcare price transparency solution that enables patient consumerism, submitted a response to a U.S. Department of Health and Human Services request for input on proposed rulemaking that could support national price transparency efforts.
MyMedicalShopper praised HHS and the Office of the National Coordinator for Health Information Technology (ONC) for their effort to improve the value of healthcare received by patients in the U.S., and highlighted the department’s recognition that “[i]ncreased consumer demand, aligned incentives, more accessible and digestible information, and the evolution of price transparency tools are critical components to moving to a health care system that pays for value,” in their recent Notice for Proposed Rulemaking (NPRM) (https://www.healthit.gov/topic/laws-regulation-and-policy/notice-proposed-rulemaking-improve-interoperability-health).
“We applaud HHS and ONC for their effort to improve the value of healthcare received by patients in the United States,” said Mark Galvin, President and CEO of MMS Analytics, Inc., the creator of MyMedicalShopper. “We have focused exclusively on developing solutions to rising healthcare costs and delivering true price transparency to patients in the U.S. for over five years now. We are happy to share our experience and hard-earned expertise with these agencies so they can implement policies that help empower healthcare consumers and reduce costs.”
The Notice for Proposed Rulemaking to Improve the Interoperability of Health Information was issued by DHHS and the ONC to “support seamless and secure access, exchange, and use of electronic health information (EHI).” The document covers a range of topics across its 724 pages, including a number of questions surrounding price transparency, soliciting public comment.
MyMedicalShopper submitted a public comment to HHS on the Department’s website, and published a copy on its corporate website here. (https://mmsanalytics.com/mms-analytics-inc-public-comment-to-u-s-dhhs-on-rin-0955-aa01/)
MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of healthcare while improving employee benefits. The platform includes the nation’s leading medical price transparency tools for employees, dynamic rewards programs, and robust analytics packages for employers.
MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.
MyMedicalRewards™ provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.
MyMedicalShopper’s Employer Dashboard provides CEOs, CFOs, and HR leadership with direct visibility into their group’s claims experience, engagement with MMS programs, and realization of savings. MyMedicalMetrics™ is an enhanced feature of this dashboard—a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities, and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.
About MMS Analytics, Inc. (www.MyMedicalShopper.com)
MMS Analytics, Inc. dba MyMedicalShopper™ is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees—providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.