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.Read More