Hospital Price Transparency Act requires hospitals to publish standard charges and facility fees.
The Hospital Price Transparency Act mandates that hospitals publish detailed lists of standard charges for all hospital items and services on their websites. These lists must include gross charges, payor-specific negotiated charges, de-identified minimum and maximum negotiated charges, and discounted cash prices. Hospitals must also maintain a list of standard charges for at least 300 shoppable services, including descriptions, billing codes, and third-party payors. Additionally, hospitals must disclose facility fees to patients at the time of scheduling and service rendering.
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