Full Citation
Title: Taking the Pulse of Hospitals’ Response to the New Price Transparency Rule
Citation Type: Journal Article
Publication Year: 2022
ISBN:
ISSN: 15526801
DOI: 10.1177/10775587211024786/SUPPL_FILE/SJ-PDF-1-MCR-10.1177_10775587211024786.PDF
NSFID:
PMCID:
PMID: 34148382
Abstract: As of January 1, 2021, most U.S. hospitals are required to publish pricing information on their website to promote more informed decision making by consumers regarding their care. In a nationally representative sample of 470 hospitals, we analyzed whether hospitals met price transparency information reporting requirements and the extent to which complete reporting was associated with ownership status, bed size category, system affiliation, and location in a metropolitan area. Fewer than one quarter of sampled hospitals met the price transparency information requirements of the new rule, which include five types of standard charges in machine-readable form and the consumer-shoppable display of 300 shoppable services. Our analyses of hospital reporting by organizational and market attributes revealed limited differences, with some exceptions for nonprofit and system-member hospitals demonstrating greater responsiveness with respect to the consumer-shoppable aspects of the rule.
Url: https://journals.sagepub.com/doi/10.1177/10775587211024786
User Submitted?: No
Authors: Nikpay, Sayeh; Golberstein, Ezra; Neprash, Hannah T.; Carroll, Caitlin; Abraham, Jean M.
Periodical (Full): Medical Care Research and Review
Issue: 3
Volume: 79
Pages: 428-434
Countries: