Hill June 26, 2021
New studies confirm what American patients already know: Hospital prices remain elusive.
A study recently published in the American Journal of Managed Care finds that only 5 percent of American hospitals are publishing their minimum negotiated charge for healthcare services as required by a new hospital price transparency rule that took effect at the beginning of the year.
A study published in JAMA found that approximately 80 percent of American hospitals are not complying with this transparency mandate that requires hospitals to publish their discounted cash and secret negotiated rates so that healthcare consumers can shop for the best care at the best prices for the approximately 90 percent of healthcare spending that’s not for emergencies.
The rule clarifies an...