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Medicare wants to pay acute care hospitals 2.3%—or nearly $10.8 billion—more for outpatient services next year, the Biden administration announced Monday. The proposed rule (RIN 0938-AU43) from the Centers for Medicare & Medicaid Services would also increase the penalty for hospitals that don’t comply with the hospital price transparency final rule. The agency is proposing a minimum penalty […]

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President Biden is putting his foot down on a price transparency rule that many hospitals have skirted over the past seven months. On Friday, Biden released an executive order instructing the Secretary of Health and Human Services to “support” price transparency regulations issued by the Trump administration. Starting on Jan. 1, hospitals were required to post the […]

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More than 90% of Americans are unaware of a CMS rule allowing patients to view and compare treatment costs on hospital websites so they can shop for lower priced care, according to a recent Kaiser Family Foundation survey. While only 9% of seniors have researched treatment prices online, they are more likely to know about […]

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