CMS recently fined two hospitals for alleged violations of its price transparency rule. These fines are only the third and fourth penalties issued by the agency since the rule took effect on January 1, 2021. These fines may become more common CMS also announced that it is updating its enforcement process for the rule.
The Centers for Medicare and Medicaid Services is cracking down on enforcing the price transparency rule through fines and has released the names of four hospitals that have not complied and have received monetary penalties. CMS will now automatically impose a civil monetary penalty on hospitals that fail to submit a Corrective Action Plan at the end of the 45-day CAP