Hospital Price Transparency: Are You Ready for July 1?

The 2024 Hospital Outpatient Prospective Payment System Final Rule included significant changes to the requirements for hospitals to post standard charges and other pricing information. Hospitals must comply with the most substantive changes by July 1, 2024. PYA's Martie Ross and Kathy Reep provided guidance to hospitals working to meet this deadline. Specifically, Martie and Kathy addressed these important points: Website posting requirements Standardization of machine-readable files New data elements Algorithmic rates Attestations Looking forward to January 1, 2025, requirements Responding to third-party criticism Enforcement update The webinar took place on April 24, 2024. This webinar was part of PYA's twice-monthly "Healthcare Regulatory Roundup" series in which experts from across the firm provide practical insights on the latest regulatory developments. If you would like assistance with price transparency issues, or any matter involving compliance, valuation, or strategy and transactions, one of our executive contacts would be happy to assist. You may email them, or call (800) 270-9629.