Medical Xpress May 26, 2022
Many of the nation’s most prominent hospitals are blatantly violating federal mandates requiring transparency in pricing, and all too often patients are being kept in the dark about dramatic differences between publicly reported prices for services and their actual cost, according to a new report from Rice University’s Baker Institute for Public Policy.
The research team, led by Vivian Ho, the James A. Baker III Institute Chair in Health Economics, found poor compliance with the 2021 Centers for Medicare and Medicaid Services (CMS) requirement that hospitals publicly list their prices for shoppable services.
“The highest-rated hospitals are eager to pay for full-page media ads touting their high quality to patients. Yet many seem eager to hide the prices they charge...
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