MedCity News April 13, 2021
Though the price transparency rule aims to make it easier for healthcare consumers to compare prices, there is a lack of standardization in how hospitals present the data, making it hard for consumers to shop around for care, a new analysis shows.
One of the goals of the federal hospital price transparency rule is to enable patients to compare the cost of services when making healthcare decisions. But the rule may not actually make this possible, according to a new analysis.
Though it may be possible to compare prices within a given hospital, the price of a service from one provider might not be directly comparable to that of the same service from another, the analysis shows. This is largely...
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