After months of feedback from payers and providers unhappy with a proposal to mandate price transparency in healthcare, the Trump administration unveiled its final rule on the topic. | The final rule on hospital price transparency is effective January 1, 2021, which is a year later than originally proposed.
| | A separate proposed rule would also impose price transparency requirements on health insurers. |
The final rule gives CMS additional enforcement and auditing capabilities, including the potential for monetary finds of $300 per day. Read the full story... |