As hospital price transparency laws continue to evolve, Illinois health care facilities are being required to keep pace. New rules took effect July 1st, and a third wave of requirements, including new drug reporting and estimated allowed amounts, will go into effect in January. Joe Wisniewski, head of platform growth with Turquoise Health, says hospitals have come a long way since the pandemic.
Even though the price transparency rules have been on the books for some time, the group Patient Rights Advocate released a report earlier this year that estimated only around 40% of Illinois hospitals they investigated were compliant.
That is founder Cynthia Fisher. The Centers for Medicare and Medicaid Services, which oversees the implementation of the price transparency rule, has issued about 1200 warning notices to hospitals that have been non-compliant.
Story from Illinois Radio Network
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