Two Hospitals Fined for Violation of Medicare’s Worth Transparency Regulation

I’ve lengthy been an advocate for worth transparency in healthcare. The Facilities for Medicare and Medicaid Companies (aka CMS) has just lately taken motion that requires hospitals to put up their costs on-line, which ought to increase competitors and allow you to store round to save cash. If reminiscence serves, the value posting solely applies to a restricted variety of companies. I presume the uncommon hospitals that do not settle for Medicare and Medicaid funds are exempt.

From MedPage Right now:

This week [June 2022], CMS handed down their first penalties to 2 hospitals in Georgia for failing to adjust to the value transparency regulation that went into impact Jan. 1, 2021.

Northside Hospital Atlanta in Sandy Springs and Northside Hospital Cherokee in Canton have been each fined for an absence of available commonplace fees for hospital companies on-line, regardless of warnings.

The fines have been on the order of $200,000 and $900,000.

If you happen to discover a hospital breaking the regulation, report ’em to CMS!

Steve Parker, MD

PS: Let me allow you to keep away from hospitals.