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Medicare Proposes That Hospitals Provide More Transparency On Prices
In a proposed rule, federal officials lay out new regulations for hospitals that include offering a standard list of prices, the new federal payment rates, observation care and readmissions. Hospitals will be required to release a standard list of prices for their medical services under a new rule proposed by the Centers for Medicare and Medicaid Services (CMS). Instituted as part of the Affordable Care Act, the requirement can also be fulfilled if hospitals allow the public access to the data after an inquiry, CMS said (Viebeck, 5/1)…Read More