RevCycle Intelligence September 19, 2023
The difference between hospital prices posted online and those provided via telephone for a brain MRI was 50 percent or more at 12 hospitals.
Hospital prices posted online for vaginal childbirth and brain magnetic resonance imaging (MRI) did not match the prices offered to a secret shopper via telephone, indicating poor price transparency.
The Hospital Price Transparency Rule requires hospitals to publish a machine-readable file with prices for all services and a consumer-friendly tool with prices for 300 shoppable services. The regulation aims to improve transparency and allow consumers to compare prices across hospitals.
The study published in JAMA Internal Medicine focused on whether hospitals’ prices posted online correlated with the prices they gave over the phone.
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