RevCycle Intelligence December 21, 2022
Releasing ownership data on Medicare-certified hospitals will boost healthcare transparency and promote competition, HHS says.
HHS is releasing ownership data on all Medicare-certified hospitals in a bid to promote competition in a highly consolidated industry.
“At President Biden’s direction, this Administration puts consumers first – and we believe consumers deserve transparency,” HHS Secretary Xavier Becerra said in a recent announcement. “At HHS, we continue taking unprecedented action to deliver on President Biden’s vision. We are pulling back the curtain and letting the sunshine in on hospital and nursing home ownership because it is what the public deserves.”
“As we work to expand access to high-quality, affordable [healthcare], we will make sure there is transparency to ensure that facilities are...