Modern Healthcare June 27, 2020
Although more court fights lie ahead, industry experts say hospitals shouldn’t delay developing a strategy for sharing negotiated insurance rates with the public.
A federal judge last week ruled CMS could mandate hospitals to disclose their negotiated rates because it weighed the concerns of providers and payers, evaluated the evidence and explained its decision. The American Hospital Association plans to appeal the case, but with the rule taking hold in five months, hospitals can ill afford to rely on the courts to come to the rescue.
Hospitals have said it would be logistically and technically difficult to comply with the new regulations, but the main issue is putting millions of data points into a useful format for consumers, not posting...
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