Healthcare Finance News January 21, 2020
The lack of common terminology, unbundled cost reporting and listing of non-negotiated rates limits the information’s value.
Comparison shopping for airfare, a TV or a car can be straightforward online. The same cannot be said for checking what hospitals charge for a standard radiation treatment for prostate cancer, according to a report published in JAMA Oncology.
At issue is whether a federal rule that requires hospitals to publicly list standard charges for services and procedures — the foundation of price transparency — would enable people to compare prices for care provided at National Cancer Institute-designated cancer centers.
The researchers searched the websites of 63 NCI-designated cancer centers for the listed cost for simple intensity-modulated radiation therapy for prostate cancer, and...
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