Becker's Healthcare April 13, 2021
A recent study looked at the websites of 102 hospitals in 50 states between January and March to see how they were complying with the CMS price transparency rule that took effect Jan. 1.
The CMS final rule aims to make hospital-pricing information readily available to patients to compare costs and make more informed healthcare decisions. To aid with this, hospitals in the U.S. are required to post a machine-readable file with the negotiated rates for all items and services and display the prices of 300 shoppable services in a consumer-friendly format.
Research released April 9 by the Peterson-Kaiser Family Foundation Health System Tracker made it clear there’s room for vast improvement for providers to make their pricing information...