Analysis of Spending on Shoppable Services in Massachusetts
This report reveals that consumers in just one Massachusetts county could have saved nearly $22 million in a single year and $116.6 million adjusted for inflation over four years if they switched from using the most expensive providers for 16 shoppable healthcare services to those whose prices were closer to average. The study looked at spending on 16 shoppable services (those that, unlike emergency care, allow consumers to shop for value) in Suffolk County during fiscal 2015. It calculated the savings that would be achieved by shifting from providers whose prices were in the top 20 percent to those with prices between the 40th and 80th percentile. Suffolk County consists of Boston, Chelsea, Revere and Winthrop.
Download this report: Analysis of Spending on Shoppable Services in Massachusetts