Hospital Price Transparency Rule Takes Effect January 1

With increased transparency, patients will have a better understanding of their bills. This is a great start; but to really drive down hospital cost, this visibility must go deeper to also give the information to providers so that cost-conscious decisions can be made.

https://www.cms.gov/newsroom/fact-sheets/fiscal-year-fy-2019-medicare-hospital-inpatient-prospective-payment-system-ipps-and-long-term-acute