MedCity News November 21, 2021
There are a few ways to make it easier on hospitals to accomplish price transparency and some common mistakes they can avoid so they don’t have to pay excessive fines.
In July, the American Hospital Association said it was “deeply concerned” about the CMS’s proposed fee hike for hospitals not in compliance with its price transparency rule. The CMS recommended upping the $300-per-day fee to $5,500 for hospitals with more than 30 beds, which is potentially over $2 million per year. That’s a scary number for rural and mid-size hospitals, and larger hospitals certainly won’t like being saddled with it either. There are a few ways to make it easier on hospitals to accomplish price transparency and some common mistakes...
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