September 15, 2022 · 7:00 AM
I’ve prolonged been an advocate for value transparency in health care. The Facilities for Medicare and Medicaid Solutions (aka CMS) has a short while ago taken action that needs hospitals to post their price ranges on line, which really should enhance competition and help you store about to save dollars. If memory serves, the price posting only applies to a minimal selection of companies. I presume the exceptional hospitals that do not acknowledge Medicare and Medicaid payments are exempt.
This 7 days [June 2022], CMS handed down their initially penalties to two hospitals in Georgia for failing to comply with the selling price transparency regulation that went into result Jan. 1, 2021.
Northside Medical center Atlanta in Sandy Springs and Northside Healthcare facility Cherokee in Canton ended up both of those fined for a lack of commonly accessible regular costs for healthcare facility solutions on-line, inspite of warnings.
The fines were on the get of $200,000 and $900,000.
If you uncover a medical center breaking the law, report ’em to CMS!
Steve Parker, M.D.
PS: Allow me assistance you stay away from hospitals.