HealthLeaders Media December 20, 2023
A new bill may cause a shake-up for hospital and health systems.
The Lower Costs, More Transparency Act, a bipartisan healthcare policy bill, recently passed the House of Representatives, setting the stage for a potential shake-up for healthcare organizations.
This legislation aims to increase hospital price transparency and curb certain practices by pharmacy benefit managers (PBMs).
But why is it significant?
Well, of particular significance is the proposal to equalize payments for drugs in Medicare, whether or not they are administered in hospital outpatient departments or doctor’s offices.
Additionally, the bill seeks to postpone payment cuts for hospitals catering to high volumes of uninsured patients until 2026, a delay from the previously anticipated 2023.
Healthcare organizations also need to be...
Today's Sponsors
Today's Sponsor