CMS is looking into what other actions it should take to makesure that hospitals display price information in a way that's mostuseful to consumers. (Image: Shutterstock)
In its quest to improve price transparency, the Centers forMedicare and Medicaid is on the hunt for a company that has theexpertise to help it create a price comparison tool for consumers to checkprices at hospitals.
That's according to Modern Healthcare, which says that despiteindustry opposition, CMS is plunging ahead with its plan. Why theopposition? According to industry arguments against the action, thecost of any given procedure is more dependent on the kind of insurance carried by the consumer, notthe provider of the procedure.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
