CMS: Stay tuned for final rule on hospital price transparency
As the Trump administration released final rules around physician reimbursement and site-neutral payments as part of the Outpatient Prospective Payment System, a proposal that would require hospitals to post "shoppable prices" remains on hold—at least for now. (Getty/peterspiro)
As the Trump administration released final rules Friday around physician reimbursement and site-neutral payments as part of the Outpatient Prospective Payment System (OPPS), a proposal that would require hospitals to post "shoppable prices" remains on hold—at least for now.
In July, the Centers for Medicare & Medicaid Services (CMS) released the proposal that every U.S. hospital participating in Medicare must publish the prices they negotiate with payers for standard services and items in a bid to boost transparency. The rule is supposed to go into effect Jan. 1, 2020, as part of its outpatient payment rule.
While portions of the OPPS were released Friday, officials said the proposed requirements for hospitals to make public a list of their standard charges garnered more than 1,400 comments. "We intend to summarize and respond to public comments on the proposed policies in a forthcoming final rule," officials said in a statement.
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