On Wednesday, Aug. 11, CMS will hold an educational webinar on price transparency and how hospitals can meet the requirements in the Hospital Price Transparency Final Rule for posting standard charge information in the comprehensive machine-readable file. The webinar will review the document “8 Steps to a Machine-Readable File of all Items & Services” and highlight specific good and bad examples of hospital compliance. An advance copy of the presentation slides is available here. Register here for the webinar. Additional resources are available on the CMS price transparency website.
The new law went into effect on January 1, 2021, requiring hospitals to provide publicly accessible standard charge information online about the items they provide. The Proposed CY 2022 Outpatient Rule released on July 18 significantly increases the penalty to hospitals for noncompliance. Read more about the latest details from Fiscal Watch. (Andrew Busz)