The Centers for Medicare & Medicaid Services yesterday announced the first civil monetary penalties under its hospital price transparency rule, fining two hospitals for alleged failure to make public their list of standard charges. 

The rule took effect Jan. 1, 2021. It requires hospitals to disclose the rates they privately negotiate with health plans, as well as their self-pay and charge master rates, and provide an online patient cost estimator tool or negotiated rate information for at least 300 “shoppable” services, or face penalties ranging from $300 to $5,500 per day, depending on the hospital’s size. 
 

Related News Articles

Headline
In an op-ed yesterday in The Hill, AHA President and CEO Rick Pollack explains why hospitals and health systems are working with government and other…
Headline
The U.S. health care system spent $60 billion conducting nine common administrative transactions in 2022, about $18 billion more than the previous year due to…
Perspective
The convening of the 118th Congress this week is a reminder of Washington’s highly-charged political environment. The once-in-a-century floor tussle over the…
Headline
HIPAA-regulated entities are not permitted to use online tracking technologies in a manner that would result in impermissible disclosures of protected health…
Headline
The Centers for Medicare & Medicaid Services yesterday released three voluntary sample formats (wide, tall and plain) that hospitals may use to meet the…
Headline
The Department of Health and Human Services’ Office for Civil Rights yesterday released a video on recognized security practices under the HIPAA security…