HIT Consultant September 8, 2021
With the No Surprises Act taking effect in less than four months, it is critical that hospitals and providers leverage technology to ensure patients are informed about their expected care costs prior to receiving services. Despite industry improvements in the last several years, there remains a pressing need for more meaningful price transparency in healthcare. The No Surprises Act, in addition to recent revisions to existing Centers for Medicare and Medicaid Services (CMS) price transparency regulations1 and a policy push by President Biden2, aims to continue the trend toward more patient-centric healthcare that makes it easier for patients to navigate the inherent complexity.
On July 1, the Department of Health & Human Services released the first of three regulations that...