RevCycle Intelligence January 21, 2021
An analysis found inconsistent and incomplete pricing information among the top 20 US hospitals subject to new price transparency requirements from CMS.
Hospitals are struggling to comply with new price transparency requirements from CMS that took effect on Jan. 1, 2021.
A new analysis from healthcare consulting firm ADVI found inconsistent and incomplete pricing information on the websites of the top 20 largest hospitals in the US according to number of beds.
All 20 hospitals published some type of pricing information, but not all facilities had completely complied with new price transparency requirements as set by CMS, the analysis found. For example, some of the hospitals failed to show pricing information for 300 shoppable services.
CMS now requires hospitals to...
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