HealthLeaders Media January 19, 2024
Price transparency isn’t just a compliance measure — it’s become a patient preference.
Price transparency has become an issue for both patients and providers post-Covid — for patients in particular, the lack thereof.
In a survey by the Marist Poll for Patient’s Rights Advocate, 93% of respondents said hospitals should be required to post their prices, not estimates, for planned care in advance.
Legislation like the No Surprises Act and Lower Costs, More Transparency Act, which was passed to the House of Representatives in December, were developed to increase hospital and provider price transparency, many are struggling to adhere to do so.
The Centers for Medicare and Medicaid Services (CMS) has not been lenient in their efforts...
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