MedCity News March 2, 2025
President Donald Trump’s latest executive order aims to strengthen enforcement for CMS’ price transparency requirements. Some experts think greater price transparency could reduce healthcare costs by fostering more competition, while others are concerned about the potential effects on hospital-payer negotiations, as well as the practicality of enforcing these requirements.
The bewilderingly opaque nature of healthcare prices is making headlines again after President Donald Trump’s latest executive order, which aims to strengthen enforcement for the Centers for Medicare & Medicaid Services’ price transparency requirements.
Having read the order, some healthcare executives argued that increased price transparency could reduce healthcare costs by fostering greater competition, while others expressed concern about the possible effects on hospital-payer negotiations, as well as the practicality of...