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Three ways hospitals can support price transparency

September 3, 2020 by Experian Health

The regulatory requirements for price transparency are in full effect. The Centers for Medicare and Medicaid Services (CMS) is moving forward with the OPPS Price Transparency Final Rule (CMS-1717-F2), which states that hospitals must provide transparency that will help consumers understand medical costs and make informed decisions.

At this point, it is recommended that hospitals begin to form a strategy for price transparency.

The concept behind price transparency is simple: provide transparency that will help consumers understand medical costs and make informed decisions. Experian Heath’s commitment is simple: provide solutions that benefit the patient and the provider, that improve collections and patient satisfaction.

Discover how Experian Health can help you succeed with price transparency.

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