Price Transparency
Hospitals and health systems are committed to empowering patients and their families with all the information they need to live their healthiest lives. This includes ensuring they have access to accurate and timely price information when seeking care. Hospitals and health systems have made important progress in adopting federal price transparency requirements that require they both publicly post machine-readable files of a wide range of rate information and provide more consumer-friendly displays of pricing information for at least 300 shoppable services.
Price transparency is a complex issue that is important to not just patients but to everyone involved 鈥 hospitals, insurers, physicians, providers, employers, etc. Moving towards price transparency that is truly patient-centered will be a multi-step process that requires the participation of all鈥
AHA letter that outlines initial policy priorities for Biden Administration first 100 days.
This podcast focuses on new resources the AHA created to help hospitals and health systems in offering out-of-pocket cost estimates to patients in advance of receiving medical care.
The Centers for Medicare & Medicaid Services will host a Dec. 8 webinar on its final rule requiring hospitals to disclose payer-specific negotiated rates effective Jan. 1.
In this podcast from AHA鈥檚 The Value Initiative, UCHealth in Aurora, Colo., shares how it uses digital tools to give patients an individualized out-pocket cost estimate.
Tuesday, November 17, 2020
Monday, November 16, 2020
The Centers for Medicare & Medicaid Services鈥 hospital price transparency final rule is effective Jan. 1, 2021. This rule, among other things, requires hospitals to disclose their privately negotiated rates with health insurers, discounted cash prices and gross charges.
The Centers for Medicare & Medicaid Services鈥 hospital price transparency final rule is effective Jan. 1, 2021. This rule, among other things, requires hospitals to disclose their privately negotiated rates with health insurers, discounted cash prices and gross charges.
Issue
The Centers for Medicare & Medicaid Services鈥 (CMS) hospital price transparency final rule, issued Nov. 14, 2019, will require hospitals to provide an out-of-pocket price estimator tool or information on 300 鈥渟hoppable鈥 services for patients as well as disclose their privately鈥