January 20, 2023 – Most hospitals will not be fully complying with their obligation to publish 2021 prices, a brand new evaluation shows.
The requirement should increase the transparency of health care costs and even make it possible to go looking for one of the best price for a mammogram, for instance. But just one in five hospitals provides this information.
“Our results are limited by the fact that we used a dedicated team to collect these data and the actual accessibility to patients and their caregivers may be even lower,” the authors write.
The study was published this week in Journal of General Internal Medicine.
The transparency requirement consists of two parts: comprehensive pricing information have to be available online, and an inventory of normal fees or an estimation tool for 300 common “purchasable” services have to be published.
For the study, researchers examined the provision of cost information from 64 hospitals that were representative of the three,155 hospitals nationwide that must meet this requirement. Among the hospitals studied, they were more prone to meet the necessities in the event that they were positioned in areas with greater competition.
Previous studies had shown similarly poor compliance and the authors described the continued deficiencies as “a cause for concern.”
Failure to comply may end in fines. The US Centers for Medicare and Medicaid imposed fines two hospitals last yr after previously being warned that they weren't in compliance. Northside Hospital Atlanta was fined $883,180 and Northside Hospital Cherokee was fined $214,320. Both hospitals are positioned in Georgia.