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Price-Informed Shared Decision Making Can Facilitate Meaningful Healthcare Decisions Among Older Patients

Price-Informed Shared Decision Making Can Facilitate Meaningful Healthcare Decisions Among Older Patients

Published 1 month, 1 week ago
Description
The podcast episode of BC Food News with host, Jennifer English, centers around the advantages of price-informed shared decision-making tools by FAIR Health in healthcare and their impact on clinical settings, especially for older patients. The three-year initiative was successful in educating older adults at various medical centers about their treatment options and related costs. The podcast reveals how the tools provided clarity and led to a higher sense of confidence among patients in communicating with their healthcare providers. Additionally, clinicians used different paths to incorporate the tools and saw the potential in peer-to-peer learning. The initiative's marketing strategy also saw positive results, and medical experts shared their positive thoughts on the tools. The episode ends with a call for greater cost transparency in healthcare.