Becker's Healthcare July 30, 2019
The country’s major hospital associations called a proposed CMS rule that would require hospitals to disclose payer-specific negotiated rates “a misguided attempt to improve price transparency.”
The new price transparency requirements were included in the 2020 Outpatient Prospective Payment System rule, which was issued July 29. The rule expands on previous price transparency efforts under the Trump administration, which require hospitals to list standard charges online. The new rule expands the definition of “standard charge” to include gross charges and the payer-specific negotiated rates.
“Hospitals and health systems want to ensure that patients have access to information they need to choose their health care, including their out-of-pocket obligations,” says a joint statement from the American Hospital Association, America’s Essential Hospitals,...
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