Advisory: UVM Health Network Again Receives High Rating for Price Transparency
Report Analyzed Hospitals, Health Systems Nationwide on How Well They Follow Federal Requirements
Burlington, Vt. – A report released in April recognized the University of Vermont Health Network as one of the most transparent health systems in the country based on its efforts to make pricing available publicly. Turquoise Health analyzed more than 5,300 hospitals and health systems based on how well they are following a federal requirement to publish their negotiated rates with private insurers.
The top score was assigned to hospitals and health systems that complied most completely with federal requirements by posting a machine-readable pricing file with negotiated, cash and list rates for a significant quantity of items and services. The UVM Health Network was one of 59 hospitals or health systems to receive the top score.
“Our teams at the UVM Health Network work hard to provide patients and families with meaningful information to make informed health care decisions,” said Sunny Eappen, MD, MBA, President and CEO of the UVM Health Network. “We are proud to be recognized again for this effort, and remain committed to striving for transparency and affordability.”
Vermont is the lowest cost state in the country for Medicare per capita expenditures, led by the health service areas where Network affiliates Central Vermont Medical Center, Porter Medical Center and UVM Medical Center are located. The UVM Medical Center has also recently been ranked first among academic medical centers in the country for value.
For more information on price transparency:
Alice Hyde Medical Center
Central Vermont Medical Center
Champlain Valley Physicians Hospital
Elizabethtown Community Hospital
Porter Medical Center
University of Vermont Medical Center
The UVM Health Network works with patients to determine if they are eligible for Medicaid, or for discounted and free care through our Financial Assistance Program. Patients may also qualify for our Health Assistance Program, which covers the cost of medications, dental care, glasses and other medical equipment for low- and middle-income patients. For more information, click here.