HealthExec June 27, 2022
Hospitals aren’t meeting requirements when it comes to price transparency, according to a recent study.
The findings underscore other research that also shows hospitals aren’t complying with recent requirements despite numerous delays on price transparency implementation.
Hospitals have been required to post their prices of their 300 most common procedures since Jan. 1, 2021. However, a year later, less than one-third-–32% of hospitals––were actually compliant with the regulations and transparency for knee and hip replacements, according to researchers from Cleveland Clinic, who published a study in Clinical Orthopaedics and Related Research.
“Although pricing information was generally available, it frequently did not meet requirements established by the [government] and was oftentimes difficult to access,” wrote lead author Atul F. Kamath,...