34.5% of hospitals complying with price transparency rule, report says
Becker's Healthcare March 1, 2024
A PatientRightsAdvocate.org report from Feb. 29 found that just 689 (34.5%) of 2,000 hospitals it examined were fully compliant with federal price transparency rules.
That is down from 721 (36%) that were found to be fully compliant from the organization’s last report, released in July.
Six things to know:
1. The report found 1,311 hospitals were not in full compliance. The most common reason for noncompliance was missing or significantly incomplete pricing data.
2. Eighty-seven (4.4%) hospitals did not post a usable standard charges file.
3. The report found that 100% of hospitals owned by Community Health Systems (Franklin, Tenn.); 96% of hospitals owned by Universal Health Services (King of Prussia, Pa.); 93% of hospitals owned...