CMS Proposes More Online Transparency For Hospital Charges
The US Centers for Medicare and Medicaid Services is proposing that hospitals make their charges for individual items and services – including bills for advanced imaging scans and anesthesiologists’ charges – available on a searchable website to foster more transparency on specific health-care costs for patients.
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The medtech industry should expect legislation to gain attention in the US Senate in the coming months to lower health-care costs and promote transparency to allow cost-conscious patients to shop for the most effective and lowest-priced surgical and advanced imaging procedures, as well as bills to repeal the device tax, key Senate health players say.
Lack of transparent pricing for health care services was discussed at a recent Senate committee hearing on high US health-care costs. Fraud and waste of products at hospitals were also on the agenda.
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