Deloitte found that most hospitals have been slow to comply with the requirements of the CMS Hospital Price Transparency Rule’s that went into effect on January 1, 2021. The rule requires hospitals to provide a comprehensive file of all their items and services and a display with 300 shoppable services in a consumer-friendly format. Hospital associations recently lost a lawsuit to block the rule and have asked CMS to put off enforcement until the end of the COVID-19 public health emergency. However, Deloitte found that many hospitals already have the information ready to go but are waiting for their competitors to release the documents. Overall, the rule is expected to improve care delivery and create a more consumer-friendly experience. Read more here and here.
Last Updated on April 1, 2021 by Aimed Alliance
