Estimates say around $40 billion every year is spent on healthcare in Dallas-Fort Worth, and as prices continue to increase, all entities are looking for ways to bring down costs. A coalition of 30 cities and the greater DFW area came together in 2015 to form the North Texas Coalition to bring more transparency, sustainability, and predictability to the healthcare market.  The coalition, with the help of consultants at Holmes Murphy, developed the Fair, Indexed, Relevant, Simple, Transparent price tool to allow a hospital system to determine its prices for services as a percentage of Medicare rates, also called reference pricing. Our own President Den Bishop talks about this in the article titled “Can a Coalition of Local Cities Bring Price Transparency and Consistency to Healthcare?”