Healthcare DIVE January 5, 2024
Susanna Vogel

More than 90% of hospitals posted files at least partially compliant with price transparency requirements in 2023, according to a new report from Turquoise Health.

Dive Brief:

  • The majority of hospitals are complying with federal price transparency laws that have been on the books since 2021, according to new data from Turquoise Health released on Thursday.
  • Ninety-one percent of 6,357 hospitals posted a machine-readable file in 2023 — an increase of 562 hospitals year over year. Over 200 payers posted MRFs in 2023, up from just 67 in 2022, according to the company.
  • The progress on price transparency comes after the CMS began cracking down on hospitals for non-compliance. As of September, the agency had issued 1,000 warning notices...

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Topics: Health System / Hospital, Healthcare System, Insurance, Payer, Pricing / Spending, Provider, Survey / Study, Trends
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