What Happens During a Recession?
A recession is when the country’s economy declines, unemployment rates increase, and companies make fewer sales. The U.S. Federal Reserve just raised interest rates by the most in two decades, prompting concerns that a recession is coming, likely in 2023.
Why is Healthcare Price Transparency Important?
In recent years, healthcare price transparency has become a national priority to help spur competition between providers and drive down costs, while improving the quality of care. These initiatives offer a great starting point but still lack in providing patients clarity of their healthcare costs.