April 26, 2018

THIS SEEMS LIKE AN EXCELLENT IDEA: The Trump Administration Wants to Take the Mystery Out of How Much Hospitals Charge Patients.

“We envision a system that rewards value over volume and where patients reap the benefits through more choices and better health outcomes,” wrote CMS in its release. “While hospitals are already required under guidelines developed by CMS to either make publicly available a list of their standard charges, or their policies for allowing the public to view a list of those charges upon request, CMS is updating its guidelines to specifically require that hospitals post this information.” In English: The listing of these prices vis-a-vis Medicare would become mandatory and, the hope is, eventually spill over to other parts of the health industry.

Faster, please.