Time to drag hospital pricing out of the shadows

Time to drag hospital pricing out of the shadows

It’s been more than two years since a rule promulgated during the Trump administration requiring hospitals to disclose their prices took effect. Yet according to a new study, most hospitals aren’t complying.

The analysis, published in January in the Journal of General Internal Medicine, found that just 19% of hospitals examined fully comply with the rule.

Hospitals in Tennessee haven’t performed any better. A month after the new rule took effect in January 2021, a Vanderbilt University review of the 88 short-term acute care hospitals in the state found only 14 in full compliance.

Recently, a Patient Rights Advocate survey found 24 Tennessee hospitals fully complying − and nearly 40 still non-compliant. That’s a dismal improvement fully two years later. Even Vanderbilt University Medical Center “fails to adequately identify specific plans for all commercial payers,” the advocacy organization found.

Click to read the full article in The Tennessean.

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