New CMS rule requires hospitals to post pricing data online

FIRST STEP: Rhode Island Business Group on Health Executive Director Al Charbonneau says a federal rule requiring hospitals to post pricing data online is the first of many steps to price transparency. Next to Charbonneau is Hospital Association of Rhode Island President Teresa Paiva Weed.
 / PBN PHOTO/MICHAEL SALERNO
FIRST STEP: Rhode Island Business Group on Health Executive Director Al Charbonneau says a federal rule requiring hospitals to post pricing data online is the first of many steps to price transparency. Next to Charbonneau is Hospital Association of Rhode Island President Teresa Paiva Weed.
 / PBN PHOTO/MICHAEL SALERNO
The Centers for Medicare & Medicaid Services requires hospitals’ pricing data to be posted to their websites, billed as the first step toward a more cost-transparent health care system. But several steps, including those governing enforcement, funding and standardization, remain before reality matches that vision. CMS announced it was considering the rule requiring hospitals to…

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