Hospital & Healthcare Management June 23, 2022
Despite a federal regulation that became effective more than a year ago, few hospitals are disclosing the costs of their routine operations online. The goal of the Hospital Price Transparency Law is to inform people about the upfront expenses of treatments like colonoscopies, medical testing, and X-rays before they visit the hospital.
However, new evidence suggesting hospitals are generally disobeying the rule was published in the Journal of the American Medical Association.
According to the regulation, hospitals are required to post the cash costs of procedures on their websites in two formats: one that is user-friendly for consumers and includes a cost estimator for the 300 most popular services; and another that is machine-readable, or essentially a spreadsheet. Patients can...
Today's Sponsors
Today's Sponsor