MedCity News July 27, 2021
It’s going to take collaboration between health plans and hospitals – to go above and beyond what’s mandated by the government – in order to transform a muddy mess into something clear.
You may have heard the news that hospitals are now required to post prices in a way that is easy for patients to find. There’s been a fair amount of media coverage championing these hospital price transparency requirements from CMS that went into effect on Jan. 1. This milestone regulation is in support of patients and reducing healthcare costs. Even Susan Sarandon has signed on as a spokesperson to make sure people are aware that it’s now their right to know hospital service pricing. The mandate requires that...