Becker's Healthcare December 30, 2020
Hospitals lost their appeal of the rule that requires disclosing negotiated rates with insurers beginning in 2021, which could lead to IT issues, according to The Wall Street Journal.
In their 2019 lawsuit, the American Hospital Association, Association of American Medical Colleges, Children’s Hospital Association and the Federation of American Hospitals said the price transparency rule will require hospitals to create files with hundreds to thousands of columns of negotiated rates.
“In addition to descriptions, codes, and gross charges, the spreadsheet would need to include separate columns for each health plan issuer contract. Many hospitals and health systems have over 100 contracts with different health plans issuers, often...
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