|[April 04, 2014]
Castlight Health Commends the Release of Physician Data by the Centers for Medicare and Medicaid Services
SAN FRANCISCO --(Business Wire)--
Castlight Health commends the announcement by the
Centers for Medicare and Medicaid Services that physician payment
data will be issued as early as April 9.
"The release of the Medicare physician payment data by the Centers for
Medicare and Medicaid Services is an important moment in the effort to
dramatically improve the efficiency of the American healthcare system.
It is a welcome step in the right direction. However, it is far from
sufficient to address the lack of timely, clear, actionable data needed
by employers and employees to effectively manage their healthcare
expenditures," said Giovanni Colella, M.D., co-founder and Chief
Executive Officer of Castlight Health.
Colella continued, "Increased transparency has a direct benefit on
consumers' healthcare decisions, financial circumstances, and health
outcomes. Castlight Health rsearch and data from our employer customers
supports the proposition that the better data we can provide, the better
those healthcare decisions can be. Employers will also benefit from this
action, as it furthers the national movement towards value-based
About Castlight Health
Castlight Health (NYSE: CSLT) is a pioneer of the Enterprise Healthcare
Cloud and a leading provider of cloud-based software for health care.
Founded in 2008, San Francisco-based Castlight makes health care data
actionable, empowering our enterprise customers to gain control
over their health care spending and transforming how companies and
employees engage in health care. With Castlight, employers can implement
technology-enabled benefit designs, integrate disparate health care
applications, and provide meaningful information to employees and their
families. More than 100 companies, ranging from medium-sized businesses
to Fortune 50 enterprises, have selected Castlight. For more information
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Source (News - Alert): Castlight Health.
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