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The Rant -Healthcare Negotiations?
The healthcare industry is facing increased transparency and worker discontent, leading to a more aggressive approach in negotiations with hospitals and provider groups. Transparency has revealed hidden costs, such as exorbitant fees for services like magnetic resonance imaging scans. This has fueled frustration among employers and workers, who are demanding more equitable pricing. The Kaiser Family Foundation survey found that 65% of Americans believe the healthcare system is not working well for them. Employers are demanding lower prices, more transparency, and better quality of care. Companies like Amazon, Berkshire Hathaway, and JPMorgan Chase have formed a joint venture called Haven Healthcare to negotiate lower prices and improve healthcare outcomes. Other employers are using data analytics to identify overpriced services and partnering with non-profit organizations for more affordable and transparent pricing. This shift is challenging the status quo and forcing the industry to become more accountable and competitive.
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