All Posts

Hospital price transparency data shows the same medical procedure can cost up to 10× more across facilities. Openbook Health analyzes real data from Florida hospitals to reveal why transparency hasn’t yet translated into savings—and how employers can finally act on it. The 10× Problem in American Healthcare When we analyzed hospital price transparency data  across Florida, one pattern stood out - the same medical procedure can cost five to ten times more , depending on where

By Pearly Chen, Co-Founder & CEO of Openbook Health The $1.3 Trillion Blind Spot In the U.S., total health care spending topped $4.9 trillion  in 2023. Employer-sponsored benefit spending alone is estimated at $1.3 trillion  in 2024 - representing more than one-fifth of the entire market. Yet most plan sponsors still lack clear visibility into what they’re paying and why. The problem isn’t a lack of data anymore. Since 2021, federal regulations have mandated hospitals and in

By Pearly Chen, Co-Founder & CEO of Openbook Health If you’ve ever tried to understand a hospital bill, you’ve probably felt confused, angry, or defeated. You’re not alone. Even healthcare insiders can’t make sense of it - and that’s by design. In America’s healthcare system, patients are asked to shop blindfolded.  Prices for the same MRI can range from $350 to $3,200 depending on which door you walk through, yet the system keeps patients - and employers footing the bill - i

The Promise That Didn't Quite Deliver   A few years ago, the government made hospitals publish their prices online. Finally!...