State transparency study spooks hospitals and insurers

It isn't often that insurers and hospitals come together on an issue involving payments, but that's what seems to be happening in reaction to a new study being funded by the state's Department of Financial Services.

Both groups worry that this project, which aims to add transparency to contract process between private hospitals and private insurance companies, could reveal proprietary information, and produce results that will be taken out of context.

"We're very concerned that the study's narrow focus would lead to faulty, incomplete conclusions," said Kathleen Shure, senior vice president at the Greater New York Hospital Association. Continue>>>
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