Price Transparency Final Rule Webinar in September
July 14, 2020
IHA is hosting a webinar on the Centers for Medicare & Medicaid Services (CMS) price transparency final rule effective Jan. 1, 2021 that requires hospitals to make public two lists of payer-specific negotiated prices for all items and services. One list is a machine-readable file of all items and services with five different types of prices listed, and the other is a consumer-friendly list of 300 “shoppable” services with prices. An internet-based price estimator tool can also meet the requirement for the “shoppable” service list. See IHA’s memo for more details.
The webinar, scheduled for Tuesday, Sept. 15 from 10 to 11:30 a.m., will include an overview of the requirements, operational tips and a legal perspective for compliance issues. Webinar registration will be available in the coming weeks. Although there is a lawsuit appeal to prohibit implementation of the rule, and IHA has signed on to a letter asking for a delay in implementation of the rule, IHA urges hospitals to begin working toward compliance given the final rule’s complexity.