The Largest Price Transparency Fine Yet: How UF Health North is Out Almost 1M And What Rev Cycle Leaders Can Learn

HealthLeaders Media September 15, 2023
Amanda Norris

In the largest price transparency fine yet, University of Florida Health North was docked $979,000 by CMS.

KEY TAKEAWAYS

– CMS is making it clear that noncompliant organizations are going to be penalized, and the number of fined organizations is sure to grow.

– There are eight tasks that revenue cycle leaders need to make sure are prioritized to avoid an outcome like UF Health North.

UF Health North received a $979,000 price transparency fine due to several compliance violations under the No Surprises Act—a big reminder that revenue cycle leaders need to be prioritizing compliance.

According to CMS, UF Health North failed to uphold several requirements under the price transparency requirement:

Failure to update standard charge information annually:...

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