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Price Transparency

Alexandra Wilson PecciFebruary 15, 2021

HealthLeaders: Price Transparency is Here, Actions to Take

price transparency revenue cycle

The CMS price transparency mandate is in effect at long last, after a yearlong delay, court challenges, worries over confused patients, concerns about disclosing proprietary data, and COVID-19-related setbacks.

 

Hospitals have been fighting the rule since it was finalized in November 2019, arguing that it doesn't help consumers understand what they'll truly owe (the 300 shoppable services requirement doesn't include patient-specific out-of-pocket costs). There are still a lot of unknowns around the mandate.

 

Read the full article here.



Author Bio: Alexandra Wilson Pecci is an editor for HealthLeaders.



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