CMS looking to define enforcement for its hospital price transparency rule

Posted by Kate Tingley on Oct 4, 2019 5:48:01 AM

Balancing-Board-Transparency-With-Privacy

Now that hospitals are required to post chargemaster data online for patients to access, the Centers for Medicare & Medicaid Services is exploring the most effective ways to make sure providers comply with the rules.

CMS Administrator Seema Verma spoke to reporters Thursday morning and said the agency is continuing to gather feedback on what’s next for its price transparency efforts.

CMS finalized the price transparency requirement in August as part of its Inpatient Prospective Payment System rule. Verma acknowledged concern that providing patients with just the list prices for medical services could have limited usefulness, and said CMS hopes that the machine-readable format leads developers to provide more comparative tools

Topics: medical billing, medical coding, medicare, hospital revenue cycle management, Hospitals, Patient Experience

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