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Fact Sheet: Hospital Price Transparency
Hospitals and health systems are committed to empowering patients with all the information they need to live their healthiest lives. This includes ensuring they have access to accurate price information when seeking care. Most hospitals use cost estimate tools to provide patient-specific price information because every course of care is unique.
New CMS Report Shows Hospitals and Health Systems Are Working to Implement Price Transparency Policies and Help Patients Understand Costs
The Centers for Medicare & Medicaid Services (CMS) recently released the results of its assessment of hospital compliance. Importantly, CMS is the official arbiter of compliance with the transparency rules.