pile of money with stethoscope on top “Cash prices determined unilaterally by hospitals are often lower than commercial prices negotiated between hospitals and insurers,” the study concluded. (Photo: Shutterstock)

Cash prices determined unilaterally by hospitals often are lower than commercial prices negotiated between hospitals and insurers, according to a recent study reported by JAMA Network.

It has been almost one year since the Centers for Medicare and Medicaid Services implemented the Hospital Price Transparency Final Rule to promote price competition and improve hospital care affordability. Hospitals are required to disclose, among other items, cash prices and payer-specific negotiated prices for 70 CMS-specified, high-volume common services.

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