Sage TransparencyTM 2.0 is under construction and will be launched at the National Healthcare Price Transparency Conference on May 13, 2024.
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Employer Price Transparency Project
The Employers’ Forum of Indiana commissioned RAND Corporation in 2016 to conduct the first publicly-available hospital price transparency study in the United States that compares what employers pay as a percent of what Medicare pays for the same services. This Employer Price Transparency Project has resulted in a series of studies published by RAND in 2017, 2019, 2020, and 2022. Millions of employers’ hospital and ASC insurance claims data, which note the ACTUAL prices paid by employers and their employees, from across the country have been analyzed. The real price of health care is notoriously opaque in the United States and this project has allowed everyone to see behind the curtain for the first time. These prices are akin to the receipts of what was paid, not simply prices posted.
We all want high quality healthcare at a fair price. Sage TransparencyTM, the first-of-its-kind, publicly-available, customizable, online dashboard, was created in 2022 by the Employers’ Forum of Indiana. This dashboard includes price and quality data for services provided at hospitals and ASCs across the United States. The aim of Sage Transparency is to provide an easy-to-use tool to inform purchasing decisions.
This website also connects users to resources that examine how hospital prices are set, why price transparency matters, and how RAND studies and Sage Transparency are providing information that could create meaningful action to improve the healthcare marketplace.
May 2024
RAND 5.0 Hospital Price Transparency Study
Employers, health plans, business coalitions, all-payer-claim-databases, and other organizations that have employer hospital claims databases will be included in RAND 5.0, the fifth in a series of Hospital Price Transparency Studies. Attend the 2024 National Healthcare Price Transparency Conference to hear the results of this upcoming study.
New
RAND Hospital Price Transparency Studies
The RAND Hospital Price Transparency Studies are comprehensive reports that are part of an ongoing employer-led initiative to measure and report publicly the prices paid for hospital care at the hospital and service-line level. It uses claims data to compare hospital prices in order to enable employers to be better-informed shoppers for health plans and provider networks, and to report hospital prices relative to a Medicare benchmark.
Resources & FAQs
For those seeking additional information on the Employer Price Transparency Project or how to use the RAND Studies and Sage Transparency to create meaningful change, we’ve compiled a helpful resource library and a list of frequently asked questions.
In the News
Read the latest news and announcements on the Price Transparency, the RAND studies, and Employers’ Forum of Indiana.
Employers using hospital price data to lower costs, push legislation
Modern Healthcare
These Employers Took On Healthcare Costs, and the Fight Got Nasty
The Wall Street Journal