BREAKING: After months of feedback from unhappy payers and providers, the administration unveiled a final rule on the topic.
Friday, November 15, 2019
 

BREAKING: CMS Issues Final Rule on Hospital Price Transparency, Pushes Effective Date to 2021

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...

 

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