The FEHBlog wishes all of his readers a Happy New Year.
The Wall Street Journal reports that in the wake of the December 29 D.C. Circuit opinion upholding the Trump Administration’s hospital price transparency rule,
The nation’s largest hospital chains, including publicly traded giants HCA Healthcare Inc., Universal Health Services Inc. and Community Health Systems Inc., and national nonprofit chains CommonSpirit Health and Ascension, said they planned to comply with new requirements to post pricing. Tenet Healthcare Corp. declined to comment.
“Ascension supports price transparency of our hospital services for the benefit of consumer choice and access to care for those we serve,” said Nick Ragone, a spokesman for the St. Louis-based chain.
As of Jan. 1, hospitals will be required to publish the prices negotiated privately with each payer for 300 common services for easy use by consumers, and make public the same information for all their procedures in a format that can be read and analyzed by computers.
The FEHBlog will be back on January 2 for Saturday Stats and More. Enjoy.