- Three years after implementing the Hospital Price Transparency Rule, many hospitals are not fully compliant in reporting gastrointestinal service costs, as revealed at the 2023 American College of Gastroenterology meeting.
- Studies showed difficulties in finding and understanding listed prices, with substantial variance in costs for procedures like colonoscopies across different institutions.
- The findings suggest a need for more effective transparency measures and possibly penalties for non-compliance, along with a uniform reporting format for easier comparison.
- The goal is to provide patients with clearer, more accessible cost information.
Mandated Cost Transparency Requirement For GI Procedures Is Not Being Met (GI & Endoscopy News)
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