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Compliance with price transparency rules in United States (US) pediatric hospitals
Emily Reimer1, Matthew C Scanlon1, Amalia Jereczek1
1Medical College of Wisconsin, Milwaukee, Wisconsin, USA.
Insights
Most US pediatric hospitals are not complying with the Centers for Medicare and Medicaid price transparency rule. This lack of compliance hinders patients
Area of Science:
- Healthcare administration
- Health policy
- Patient advocacy
Background:
- The Centers for Medicare and Medicaid price transparency rule mandates hospitals to disclose charges for services.
- This rule aims to empower patients with cost information for informed healthcare decisions.
- Compliance is crucial for preventing unexpected medical expenses for patients and families.
Purpose of the Study:
- To assess the compliance rate of United States pediatric hospitals with the Centers for Medicare and Medicaid price transparency rule.
- To identify the extent to which pediatric hospitals adhere to the rule's requirements for standard charge files and shoppable services.
Main Methods:
- Data was collected by examining the websites of US pediatric hospitals listed by the Children's Hospital Association.
- Website analysis focused on the presence and completeness of standard charge files and shoppable services.
- The study period for data collection was January and February 2023.
Main Results:
- Only 48.7% of surveyed US pediatric hospitals demonstrated full compliance with all components of the price transparency rule.
- A significant gap in compliance exists despite the rule being in effect for nearly three years.
- Many pediatric hospitals may not be providing patients with accessible and comprehensive cost information.
Conclusions:
- US pediatric hospitals exhibit low compliance rates with the Centers for Medicare and Medicaid price transparency rule.
- Improved adherence is necessary to ensure patients can access crucial healthcare cost information.
- Further monitoring and enforcement may be required to achieve widespread compliance.
Abstract:
This study describes United States (US) pediatric hospitals' compliance with the Centers for Medicare and Medicaid price transparency rule. The price transparency rule was intended to make healthcare costs more transparent for patients and families to aid in informed decisions and help avoid unexpected charges. The price transparency rule consists of two parts: (1) a standard charge file, and (2) "shoppable services." Using hospital websites accessed through the Children's Hospital Association during January and February 2023, we found that only 48.7% of US pediatric hospitals were fully compliant with all required components despite implementation of this rule nearly 3 years ago.
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