NOTEBOOK: Experts say largest Iowa health systems not in compliance with price transparency rule Wednesday, May 12, 2021 10:37 AM
The Centers for Medicare and Medicaid Services recently began sending noncompliance letters to health systems and hospitals across the country that are not meeting the requirements of a new federal rule that went into effect on Jan. 1 mandating consumer-friendly price transparency disclosures.
It may be a large list, as some medical industry journals have reported that a majority of the largest U.S. hospital systems have been found to not be complying with the new rules.
In an article published in the Business Record in April ( Will greater price transparency help lower health care costs? ), this writer concluded that Broadlawns, MercyOne and UnityPoint Health each appeared to be in compliance with the new rule. However, some local health care experts have challenged that conclusion.