American Hospital Association March 10, 2023
Hospitals and health systems are committed to empowering patients with all the information they need to live their healthiest lives. This includes ensuring they have access to accurate information on their costs estimates when seeking care.
Recently, the Centers for Medicare & Medicaid Services published data showing hospitals and health systems are making significant progress complying with the federal price transparency regulations.
CMS found that in 2022, 70% of hospitals had complied with both the consumer-friendly display of shoppable services information and the machine-readable file requirements of the regulations, up from 27% in 2021. This is a more than two-fold increase in compliance in one year. More specifically, CMS said that 82% of hospitals met the consumer-friendly display of shoppable...
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