MedPage Today January 14, 2021
— Challenges include COVID surge and vaccine rollout, but advocates say costs will fall
As COVID-19 cases soar and vaccine rollout evolves, hospitals are also working to comply with a federal price transparency rule that took effect on Jan. 1.
The American Hospital Association (AHA) has argued that the rule – which requires hospitals to post the prices insurers actually pay for services – will harm hospital negotiations with insurers, require vast resources to implement, and yield little benefit for consumers. But a federal appeals court in December ruled against the group’s legal challenge, and now hospitals across the country are working to comply. The Centers for Medicare and Medicaid Services (CMS) and staunch supporters of the rule say that...
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