COST LOOKUP / COMPARISON
Everywhere physicians order things – in restaurants, catalogs, online, etc. – there is price transparency, so that a proper value judgment can be made. If the menu and the wine list at a nice resturant had no prices and we knew someone else was paying the bill – would dinner be more expensive? Most likely, yes! Yet, this is the status quo in inpatient care.
Providing costs to clinicians at the time of ordering has a substantial impact on behavior (Feldman 2013). The Price Lookup Smart Ribbon provides clinicians with a simple tool to check and compare costs (not hospital charges) of different medications, labs or radiological tests prior to ordering one.
Empowering clinicians with real-time, patient-specific hospital cost and iatrogenic risk data at the point of care allows clinicians to make the best cost/benefit decisions for their patients.