FAIR Health Secures Grant to Expand Price-Informed Decision Tools for Aging Population

Event summary

  • FAIR Health received a three-year grant from The John A. Hartford Foundation.
  • The grant will expand the use of price-informed shared decision-making tools on the FAIR Health for Older Adults website.
  • FAIR Health will collaborate with 10 age-friendly clinical institutions to implement these tools.
  • A new Spanish-language campaign will be launched alongside a refreshed English campaign.

The big picture

FAIR Health's initiative addresses the growing need for price transparency in healthcare, particularly for older adults who often face complex medical decisions and limited financial resources. The partnership with The John A. Hartford Foundation underscores the increasing recognition of shared decision-making as a key strategy for improving patient outcomes and controlling costs. This builds on a prior effort with four Age-Friendly Health Systems, suggesting a phased rollout and iterative refinement of the tools.

What we're watching

Implementation Scale
The success of this initiative hinges on the ability of FAIR Health to integrate these tools into diverse clinical settings, and the willingness of those 10 institutions to adopt and sustain them.
Adoption Rate
The impact of the Spanish-language campaign will depend on its reach within underserved communities and the willingness of clinicians to utilize the resources with Spanish-speaking patients.
Policy Impact
The insights generated from this collaboration could influence broader healthcare policy regarding price transparency and shared decision-making, particularly as surprise billing protections evolve.