CMS Laundches New Hospital Price Transparency Website
Posted 10/26/20 (Mon)
The website is available at https://www.cms.gov/hospital-price-transparency and contains information for hospitals and consumers.
The current regulation is effective on January 1, 2021. By that date, all hospitals, including rural and Critical Access Hospitals (CAHs), must provide pricing information online about the items and services they provide. This information must include a machine-readable file with all items and services as well as a display of shoppable services in a consumer-friendly format that displays discounted cash prices, payer specific negotiated charges, and de-identified minimum and maximum negotiated charges. CMS has made an FAQ and other resource documents available to hospitals on the website.