On behalf of consumers, employers and local purchasers in your market are committed to slowing healthcare costs by improving visibility on hospital prices. A recent media story revealed that prices in your local market were the highest in the state. You are a member of a private sector consulting service that has been hired to help a hospital address transparency issues. The hospital would like to be more transparent in their cost and fee relationships with providers. To prepare for this Discussion, review the provided scenario. What are the advantages of transparency for both the hospital and the consumer? How
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