CMS is working to ensure hospitals are moving in the right direction to provide consumers and stakeholder with required information on hospital charges. In a recent Health Affairs article, “Hospital Price Transparency: Progress and Commitment to Achieving its Potential,” CMS outlines a new assessment of how hospitals have put price transparency requirements, that became effective on January 1, 2021, into practice and agency efforts to improve compliance. Their 2022 analysis showed that after two years of these requirements being in place, at least 30 percent of hospitals are still not fully in compliance with the regulations. That represents a marked improvement over the 2021 analysis, but it is not sufficient and CMS will continue working to ensure– via technical assistance and enforcement activity – that all hospitals fully comply with the law.
- Hospital Price Transparency: Progress And Commitment To Achieving Its Potential. Health Affairs. February 14, 2023.