Price Transparency Compliance From US Hospitals Diminishes

Hospital & Healthcare Management March 7, 2024
Content Team HHMGlobal

It is worth noting that the US hospitals happen to be backsliding when it comes to compliance with the federal price transparency laws are concerned, as per the February analysis from Patient Rights Advocate.

It is well to be noted that 34.5% of the 2,000 hospitals that were reviewed by the nonprofit watchdog organization happened to be deemed fully compliant as far as the price transparency rules were concerned as of January this year. When we take into comparison the July 2023 review, 36% of hospitals happened to be in full compliance.

Significantly, the federal price transparency rule, which happened to be created to aid patients in shopping for care as well as drive down medical costs, went into effect...

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