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In the United States, it’s fairly common for children in need of specialized medical care to travel for that care, largely because pediatrics is a specialty not offered at every local hospital. This means that many families whose children need hospital care find themselves considering providers well beyond their local institutions. Thanks to the CMS’s…

Discover at a glance whether your hospital might be subject to price transparency penalties with HDA’s Price Transparency Compliance Dashboard. Even though hospitals have been required to comply with the CMS’s Hospital Price Transparency Rule since January 1 of this year, as many as 94 percent are not yet in compliance. In many cases, as…

About 94 percent of hospitals are not in full compliance with the Centers for Medicare and Medicaid Services’ (CMS) Hospital Price Transparency Rule. The rule is part of a CMS strategy to drive competition and innovation in US healthcare, with the goal of improving patient outcomes. We here at HDA also believe in the power…

A recent report found that 94 percent of hospitals are not fully compliant with the CMS’s Hospital Price Transparency Rule, which requires US hospitals to make their standard prices available to the public. According to the report, the majority of hospitals are not yet prioritizing compliance, which is, among other things, a missed business opportunity.…

A recent report found that  94 percent of hospitals aren’t in compliance with the CMS’s Hospital Price Transparency final rule. Perhaps your hospital is one of them. Many of the hospitals featured in the report had published some pricing data, but did not meet all the rule’s requirements.  This left them labeled “noncompliant.” If you’re…

The Hospital Price Transparency Rule represents an important step toward fairer and more transparent pricing in the American healthcare system. More than seven months after this rule officially took effect, a recent survey of 1000 providers in 27 states found that over two-thirds of those hospitals were far from meeting the rule’s requirements, but this…

For hospitals and hospital groups, the stakes for complying with the CMS’s Hospital Price Transparency Rule are getting higher. While current yearly maximum penalties for noncompliance are just $109,500, a new proposal from the Biden Administration could push them up to $2 million. Our data can help hospitals and hospital groups avoid such penalties and…

The CMS’s final Hospital Price Transparency Rule officially took effect on January 1, but as of February, fully 40 percent of hospitals weren’t compliant with the rule’s requirement to publish prices in a consumer-friendly format, and 52 percent weren’t compliant with the machine-readable format requirement, per consultancy firm Guidehouse. That’s not good for hospitals. In…

At Healthcare Data Analytics, we’re committed to making sure the CMS’s hospital price transparency rule leads to actual price transparency in the US healthcare system.  But in conversations with healthcare providers and others, we’ve discovered that even industry insiders aren’t clear on what the rule requires and how it differs from earlier iterations. In this…

Michael Woodrow launched Healthcare Data Analytics last year with the goal of ensuring that the data that hospitals publish to comply with the new Hospital Price Transparency Rule leads to actual price transparency in the healthcare marketplace. In this Q&A, Michael provides insight into why he is tackling this challenge and what he hopes Healthcare…