Radiology Business October 23, 2024
Radiology experts are warning of possible unintended consequences stemming from imaging price transparency initiatives.
The Centers for Medicare & Medicaid Services first implemented the Hospital Price Transparency rule in 2021, hoping to empower patients with more knowledge when making their healthcare decisions. Imaging is among the various “shoppable” services that providers are required to disclose pricing for, experts wrote in the Journal of the American College of Radiology [1].
However, radiology researchers are expressing concern that this information may be motivating some to shy away from undergoing scheduled imaging. Based on an analysis of 532 encounters, patients with pre-exam cost knowledge were less likely to complete their appointments (odds ratio: 0.33) when compared to those without such insight....