HBCH Key Initiatives
NORTHSTAR TRANSPARENCY INITIATIVE is our top priority initiative as inpatient and outpatient services, and ambulatory surgeries represent the largest single cost silo for employer-sponsored healthcare. The NorthStar will provide employers and other stakeholders the critical information needed to clearly understand the relationship of the price paid to a fair-priced Medicare rate, the quality and outcomes of the services provided, and the adequacy of the total cost paid by employers to sustain our hospitals. This information will used for benefit plan design, health plan negotiations for networks, monitoring the value of employer health investments, and legislative consideration. Its principal components are the ongoing RAND Hospital Price Transparency Project, National Academy for State Health Policy Hospital Cost Tool, and the integration of those datasets with quality of care metrics at facility, departmental and physician levels.