This article, published in The American Journal of Managed Care explores how healthcare price transparency is only the first step toward reducing costs—and why simply making data available is not enough. It highlights how employers, payers, and innovators are increasingly leveraging detailed pricing data to drive actionable strategies, such as steering patients to high-value providers, improving contracting decisions, and redesigning benefits. While transparency can enable more informed decision-making and foster competition, its real impact depends on how effectively stakeholders translate data into behavior change and system-level interventions that lower spending and improve value.

Read the full article here.