The federal Hospital Price Transparency Final Rule aims to increase health care price transparency and facilitate patient price shopping online. Hospitals are required to disclose 5 types of standard charges for all services in an accessible file and provide a consumer-friendly display for at least 300 shoppable services. A new study published in JAMA Network found that hospitals are not adhering to price transparency law, with less than 6% fully compliant and 56% are wholly noncompliant.
For the study, researchers evaluated adherence 6 to 9 months after the final rule effective date (January 1, 2021) across all US hospitals and its association with market- and hospital-level characteristics across acute care hospitals.
- Adherence to a Federal Hospital Price Transparency Rule and Associated Financial and Marketplace Factors. JAMA Network. June 7 2022.