Capsule Commentary on Schiavoni et al., How Primary Care Physicians Integrate Price Information into Clinical Decision Making

Excerpt

In this month’s edition, Schiavoni1 and colleagues describe their cross-sectional qualitative study in which they conducted semi-structured interviews of 46 primary care physicians (PCPs) from an accountable care organization (Atrius Health) to better understand PCPs’ experience with disclosure of price information on tests and procedures. The key findings of this study were that PCPs were more interested in having patient-specific out-of-pocket price information than the price paid by insurers, which would not necessarily have an impact on patients’ day-to-day finances. Having cost information enabled providers to involve patients in treatment discussions and to make informed choices regarding reasonably priced medical care. PCPs reported that they were unlikely to change their ordering patterns regardless of displayed cost information, yet financial information was perceived as helpful when trying to avoid patient-driven unnecessary testing. Also, most PCPs agreed that price transparency in healthcare is crucial and that it requires the engagement not only of patients and practices, but also of society and healthcare payers (health plans). …