How providers, patients could benefit from CMS' newly instated price transparency rule
With the new year, hospitals are officially mandated to post their list prices online for patients to review. The Centers for Medicare & Medicaid Services included the price transparency requirement in its Inpatient Prospective Payment System (IPPS) rule, which was finalized in August. As of Jan. 1, every hospital in the country is required to make the price for each of its services accessible via its website.
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