Many U.S. hospitals have fallen short of meeting a federal price transparency rule that went into effect on January 1, 2021, according to a study reported by JAMA Network.

The Hospital Price Transparency Final Rule aims to increase health care price transparency and facilitate online price shopping for patients. Hospitals are required to disclose five types of standard charges for all services in an accessible file and provide a consumer-friendly display for at least 300 shoppable services.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.