CHA News

Ruling Requires Hospitals to Reveal Negotiated Rates

For CEOs, CFOs, COOs, government relations staff

A federal judge on Tuesday ruled that the Department of Health and Human Services can require hospitals to reveal the prices they negotiate with insurers. As required by the Hospital Price Transparency final rule – effective Jan. 1, 2021 – hospitals will be required to post gross charges, payer-specific negotiated rates, the de-identified minimum and maximum negotiated rates, and the cash discount price for all items and services on a website in a machine-readable format. In addition, the final rule requires posting of information for 300 “shoppable” services in a consumer-friendly manner.

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