Becker's Healthcare August 7, 2025
Two U.S. senators have introduced legislation aiming to boost healthcare price transparency, and the penalties for persistent noncompliance outlined in the bill could significantly impact hospitals’ bottom lines.
The bill, put forward by Sens. John Hickenlooper and Roger Marshall, MD, would require all negotiated rates and cash prices between health plans and providers to be accessible, according to a July 21 news release from Mr. Hickenlooper’s office.
The proposed legislation would:
- Require machine-readable files of all negotiated rates and cash prices — not estimates — between payers and providers.
- Require hospitals to post actual prices for 300 shoppable services through Dec. 31, 2026, after which the requirement extends to all shoppable services.
- Create a requirement for each...
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