A federal law aimed at helping patients better understand the cost of their medical care may have missed the mark. The rule created by the Centers for Medicare and Medicaid (CMS) requires all ...
Starting January 1, 2019, hospitals have been required to post online a machine-readable list of detailed prices for materials and procedures—from the cost of an overnight stay in a hospital bed, to a ...
Chargemaster lists may encourage patients to shop around for services, but the authors of this report said the implications of this change for dermatology are not well-defined. A recent study examined ...
Executives at Miami Children’s Hospital have reduced the “theoretical prices” on its chargemasters so consumers will have a more reliable reference point for their out-of-pocket costs, according to a ...
As hospitals and health systems march forward into value-based care systems they must pause and consider their revenue cycles from both a big picture and zoomed-in perspective. In the murky waters ...
The year 2013 was a busy one for healthcare finance. The huge changes wrought by the implementation of the Affordable Care Act have intersected--often profoundly--with the needs and expectations of ...
Hospitals use their chargemasters and a relative lack of price transparency to overcharge for CT scans and other specialty services. That's the conclusion of researchers from Johns Hopkins University ...
Price transparency has dogged hospitals and health systems for years, and while the public scrutiny of how charges are set comes and goes, real-world implications tax patients on a daily basis. Take ...
Hospitals started posting the list prices for their procedures and supplies on their websites on Jan. 1 in response to a federal requirement, which aims to improve price transparency in the ...
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