Two Hospitals Fined for Violation of Medicare’s Value Transparency Legislation

I’ve lengthy been an advocate for worth transparency in healthcare. The Facilities for Medicare and Medicaid Providers (aka CMS) has not too long ago taken motion that requires hospitals to submit their costs on-line, which ought to enhance competitors and enable you to store round to save cash. If reminiscence serves, the worth posting solely applies to a restricted variety of companies. I presume the uncommon hospitals that do not settle for Medicare and Medicaid funds are exempt.

From MedPage Immediately:

This week [June 2022], CMS handed down their first penalties to 2 hospitals in Georgia for failing to adjust to the worth transparency regulation that went into impact Jan. 1, 2021.

Northside Hospital Atlanta in Sandy Springs and Northside Hospital Cherokee in Canton have been each fined for an absence of available normal costs for hospital companies on-line, regardless of warnings.

The fines have been on the order of $200,000 and $900,000.

If you happen to discover a hospital breaking the regulation, report ’em to CMS!

Steve Parker, MD

PS: Let me enable you to keep away from hospitals.