Fifty-two hospitals have registered to participate in HASC’s Modern Pricing and Transparency Initiative (MPTI) as they independently implement Modern Pricing.

The kick-off meeting for MPTI will be at HASC on Tuesday, Dec. 16, 9:00 a.m. -12:00 p.m. Presenters include Anne McLeod, Senior Vice President, Health Policy, CHA; Lloyd Bookman, Principal, Hooper, Bookman & Lundy; C.R. Bob Hudson, Senior Vice President/Chief Financial Officer, Henry Mayo Newhall Memorial Hospital, and Trahan Whitten, Principal, Toyon Associates, Inc.

The main objectives of Modern Pricing are:

• Make hospital charges more palatable to consumers and bring charges closer to costs.
• Reduce hospital charges – not revenues.
• Modern Pricing should be budget-neutral to hospitals and payers.

MPTI will help hospitals implement Modern Pricing in two critical ways:

1. Identify critical pathways necessary to successfully implement Modern Pricing by providing hospitals with access to outside expertise, peer-to-peer learning opportunities, sharing of best practices, and encouragement to “press on.” The expertise includes legal, regulatory, operational and reimbursement resources for hospitals to learn from, and lean on.
2. Overcome roadblocks to Modern Pricing by educating health plans, CMS, Medi-Cal and other stakeholders about the value of Modern Pricing.

For more information, please contact Mark Gamble, mgamble@hasc.org or 213.538.0760.