Hospitals Are Getting Away With Ignoring Price Transparency Rules, Experts Say

The Daily Caller

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Many hospitals are not complying with laws requiring them to make their healthcare prices publicly available, according to multiple reports, and the Biden administration has so far refrained from issuing penalties.

The Hospital Price Transparency rule, which went into effect Jan. 1, 2021, is designed to promote competition in healthcare markets by requiring hospitals to post their prices, so that consumers can compare and shop between hospitals. The law mandates hospitals to post their pricing data “as a comprehensive machine-readable file with all items and services” as well as “in a display of shoppable services in a consumer-friendly format.”

However, according to recent reports, many hospitals have yet to comply with the rules a year after they have been in effect. An investigation by The Wall Street Journal last week found that many of the nation’s largest hospital chains were not complying with the new rules.

The results of the investigation match earlier research including a study published in mid-December by the Journal of Internal Medicine which found that 55% of hospitals had not posted a machine-readable file of pricing data. A July report by sampled 500 hospitals and found that just 5.6% were fully compliant with the price transparency rules.

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