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@ShahidNShah
@ShahidNShah
What Physicians Need to Know About the Healthcare Transparency Act
The Centers for Medicare and Medicaid Service’s (CMS) Healthcare Transparency Act, which came into effect on January 1st of this year, states that all hospitals are to release a list of all pricing information for their shoppable services. The list must feature at least 300 such services and the lowest prices they are willing to accept for said services from patients who don't use insurance.
Hospitals must also list all the healthcare services that patients can ask for in advance and exclude urgent services from the list.
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