MedCity News July 20, 2021
Anuja Vaidya

CMS’ latest proposed rule, which includes stringent penalties for hospitals that are found to be flouting the price transparency rule, comes on the heels of an analysis showing that a vast majority of hospitals are not in compliance with the regulation that went into effect on Jan. 1.

Amid reports of widespread noncompliance with the federal hospital price transparency rule, the Centers for Medicare & Medicaid Services is proposing stringent penalties.

Included in the 2022 Hospital Outpatient Prospective Payment System and ASC Payment System Proposed Rule, hospitals found to be flouting the price transparency final rule could be penalized with a fine ranging from $109,500 to $2 million per hospital per year.

The agency is proposing a minimum penalty of...

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Topics: CMS, Govt Agencies, Health System / Hospital, Healthcare System, Pricing / Spending, Provider
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