Hospitals Hide Prices on Web, Undermining Disclosure Rule Form

Instructions and help about Hospitals Hide Prices On Web, Undermining Disclosure Rule

hospitals and health systems are committed to helping the members of their communities live their healthiest lives this includes ensuring that patients have access to all of the information that they need when planning for their care including estimates about what that care may cost them the hospital price transparency rule which went into effect on January 1st 2021 has two main components the first is often referred to as the machine readable file and this is a requirement that hospitals publicly post five standard charges gross charges pair specific negotiated rates the de-identified minimum and maximum payer specific negotiated rates as well as discounted cash charges the second part of the rule is referred to as the shoppable services component and this is where hospitals either have to offer an online cost estimator tool or provide payer-specific negotiated rates for the 300 most common shoppable services [Music] hospitals are working hard to comply with the rule and we're proud t