On August 22, 2006, President Bush signed an executive order mandating that four federal agencies that administer or sponsor several of the largest federal healthcare programs compile information about the quality and price of the healthcare services they pay for and communicate that information to their consumers and each other.
The executive order builds on previous administration efforts to expand the transparency of pricing in support of consumer-directed healthcare, an innovative approach to controlling healthcare costs by empowering patients as the consumers of healthcare.
This PricewaterhouseCoopers report reviews the president’s executive order and its implications for patients, payers and providers.
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