Becker's Healthcare June 24, 2021
Nonprofit and/or system-affiliated hospitals are more likely to publish their pricing information online in a consumer-friendly format than for-profit and/or independent hospitals, according to a study published June 19 in Medical Care Research and Review.
The CMS price disclosure rule, which took effect Jan. 1, aims to save Americans money by allowing them to price shop for healthcare services. It requires hospitals to post a machine-readable file with the negotiated rates for all items and services and display the prices of 300 shoppable services in a consumer-friendly format.
Researchers from the Minneapolis-based University...