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Hospital price transparency ‘moving in the right direction’

October 18, 2022

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Initial assessments of hospital efforts to meet the new regulation were critical, and the CMS increased fines for noncompliance. An analysis from PatientRightsAdvocate.org released last week suggested problems with hospitals posting incomplete price lists.

The CMS rule, which took effect in January 2021, mandates that hospitals must publish machine-readable price lists and display rates for medical services in a consumer-friendly format. The rule requires publication of prices for 70 shoppable services defined by the CMS and 230 that are at the discretion of the hospital.

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