Time is running short on the opportunity to comment on a proposed rule further increasing transparency in hospital pricing. The rule was released July 29 and was quickly panned by providers and insurers over provisions requiring hospitals to publicly disclose the negotiated rates they have with third-party payers.
Comments on the rule are due September 27, 2019.
Action by the federal government to increase price transparency in health care is not new, of course. Section 2718(e) of the Public Health Service Act (PHS) was added by the Affordable Care Act to require all hospitals to make public, upon request, the standard charges for the items and services they provide.
Continue Reading Price Transparency in Health Care . . . Panacea or Not