Device-Related Procedure Costs To Be Revealed Under CMS Proposed Payment Rule

31 Jul 2019

• By Sue Darcey

US hospitals would have to reveal on a public website their standard charges and insurer-negotiated prices for a long list of device-related procedures, advanced imaging scans, and lab tests under a proposed Centers for Medicare and Medicaid Services rule released on 29 July.

Male doctor or practitioner using calculator and work on laptop computer with medical stethoscope on the desk at clinic or hospital. Medical healthcare costs ,fees and revenue concept. - Image

Every hospital in the US would have to publicize and post its charges and negotiated prices for common hospital procedures – including device-related ones – and advanced imaging scans, laboratory tests, and supplies, says a new proposed rule from the Centers for Medicare and Medicaid Services (CMS).

The Increasing Price Transparency proposed rule, part of the CMS 2020 Medicare Hospital Outpatient Prospective Payment System (OPPS) and Ambulatory...