MedCity News July 26, 2021
The hospitals that were found to be fully compliant with the federal price transparency rule had a few strategies in common, including picking the right technology partner and beginning their efforts early — in some cases before the rule was even proposed.
More than six months after the federal hospital price transparency rule went into effect, few facilities are fully compliant. Last week, The Washington Post published a report by advocacy group Patients Rights Advocate that showed only 28 of a random sample of 500 hospitals, or 5.6%, had complied with all of the transparency rule’s requirements.
The overwhelming majority were noncompliant and included some of the most prominent health systems in the country — NewYork Presbyterian, Cedars-Sinai Medical Center,...