Many Hospitals Remain in Noncompliance with Price Transparency Rule: House Committee Urges More Oversight
Lexology December 1, 2022
What You Need to Know
- The Hospital Price Transparency Rule requires hospitals to annually make public a comprehensive list of the hospital’s standard charges for provided items and services, including a display of charges for the hospital’s 300 most shoppable services in a consumer-friendly format.
- Although the rule has been in effect for almost two years, the Congressional House Committee on Energy and Commerce advises that CMS has issued hundreds of warning letters and requests for civil monetary penalties to hospitals deemed non-compliant and has asked the GAO to take action.
- Now is the time for hospitals to review their compliance and consult with legal counsel and other expert advisors to ensure that the legal requirements of transparency and...