Healthcare DIVE November 22, 2024
Just 21.1% of hospitals are in full compliance with federal price transparency rules, according to Patient Rights Advocate. Compliance has slipped since July 2023.
Dive Brief:
- The percentage of hospitals in full compliance with federal price transparency rules fell from February to November, from 34.5% to 21.1%, according to a new report from watchdog group Patient Rights Advocate.
- The backslide in compliance is due to weak federal oversight, which has allowed hospitals to post prices that aren’t clearly associated with payers and not in required formats, the PRA said.
- PRA Chairman and Founder Cynthia Fisher wrote to President-elect Donald Trump on Wednesday asking him to get tougher on price transparency in light of the findings and reverse Biden-era CMS...