April 27, 2023
Payers | Tea Leaves
  • The Centers for Medicare and Medicaid Services is strengthening enforcement of its hospital transparency rule by imposing stricter timelines and levying fines more quickly, the agency announced Wednesday. Hospital compliance with the requirement that they publicly disclose prices has been mixed, and some facilities have deemed it less onerous to pay civil monetary penalties than to provide publicly available information about their chargemaster prices, their negotiated rates with health insurance companies, and their cash prices. Now, CMS is taking a firmer hand and eliminating flexibilities originally intended to promote compliance. (Articles here and here)