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October 20, 2020

Hospital Price Transparency

The Centers for Medicare & Medicaid Services (CMS) issued the Hospital Price Transparency Final Rule in November 2019. Hospital price transparency helps Americans know the cost of a hospital item or service before receiving it. Starting January 1, 2021, each hospital operating in the United States will be required to provide clear, accessible pricing information online about the items and services they provide in two ways: (1) a comprehensive machine-readable file with all items and services, and (2) a display of shoppable services in a consumer-friendly format.

Please refer to the following CMS resources as well as the CMS Hospital Price TransparencyExternal Website webpage for additional guidance related to the final rule.


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