Federal Government Steps Up Pressure on Hospitals to Disclose Prices

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It’s been more than two years since it went into effect, mandating hospitals post pricing information online so customers can easily find out how much medical procedures or services cost before making a health care appointment.

The Centers for Medicare & Medicaid Services is cracking down harder on hospitals that still haven’t complied with the Hospital Price Transparency law.

“Hospitals must publish a single machine-readable digital file containing the following standard charges for all items and services provided by the hospital: gross charges, discounted cash prices, payer-specific negotiated charges, and de-identified minimum and maximum negotiated charges.” NBC 7 Investigates reached out to the companies that run each hospital. All said they disagreed with the report, with the exception of one hospital, which experienced another issue that impacted its website. The responses can be read in the article below:

CMS said it issued 730 warning notices and 269 requests for corrective-action plans. Only four hospitals have ever been fined. CMS said the average time this process was carried out ranged from 195-220 days.Corrective-action plans still need to be submitted within 45 days, but there’s no longer any negotiation about a full compliance deadline

 

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